For Sale €1,500,000 - Businesses, Hotels, Renovation Projects
An excellent investment opportunity in the heart of Agios Nikolaos – this spacious hotel of 1,285 sq.m. is just a short walk from the beach and offers sea views from the top two floors.
Spread across multiple levels, the property features 26 rooms in total, all with private bathrooms, and is in need of some renovation, allowing the buyer to restore and modernize it to their own vision, to create a boutique hotel or stylish guest accommodation in one of Crete’s most popular coastal towns.
Property Layout:
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Basement: Kitchen/food preparation area, plus day-use toilets and bathrooms.
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Ground Floor: Reception area, large dining hall, and 5 guest rooms, each with its own bathroom.
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First Floor: 10 rooms with en-suite bathrooms, 5 of which boast sea views.
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Second Floor: Another 10 en-suite rooms, with 5 rooms enjoying sea views.
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Third Floor: A single en-suite room located at the top of the stairwell.
Key Features:
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Prime central location in Agios Nikolaos, close to shops, cafes, and amenities
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Only minutes from the beach – ideal for holidaymakers
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Sea views from 10 rooms across the upper floors
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Total of 26 rooms, all with private bathrooms
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Large dining and reception areas ready to be updated
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Opportunity to renovate and add value
With its unbeatable location and generous size, this hotel offers a solid foundation for a successful tourism venture in Crete. Whether restored as a traditional hotel or reimagined as a modern retreat, it has all the essentials in place to become a standout destination.
- Measurements and distances are approximate and intended as a guide only.
- The price does not include buyer's purchase expenses (purchase tax, legal/administrative costs and real estate agent fee).