8 apartments and a tavern for sale, in prestige location. Elounda

For Sale €970,000 - Businesses, Hotels, Houses
HTEL12 300 m2 8 Bedrooms 10 Bathrooms Plot size: 432 m2Energy Rating: Z (estimated) Freehold sale - title deeds available

Located on the coastal road of Elounda, one of the best spots on the island for commercial properties.

The property consists of two buildings on a plot of 423m2.
The front building comprises:
Restaurant/Café on the ground floor of 81m2. In front of the restaurant is an open air seating area of about 35m2.
Above the restaurant are 3 apartments of 76m2 in total. Two of these apartments have stunning sea views.

The building to the back comprises:
3 apartments on the ground floor of a total of 84m2.
and two apartment on the top floor of a total of 53m2.

Out of the 8 apartments, 5 have been fully restored and the other 3 need to be upgraded.
If one desires, the restaurant (81m2) could be converted into another 2 ground floor apartments of about 40m2 each.

Within a short walk to the property is the centre of Elounda with many shops and the main sandy beach of Elounda.
There is a small pebble beach, right in front of the complex.
The province capital, Agios Nikolaos is a 10 minute drive from here.
The international airport of Heraklion is only a 40 minute drive from Elounda.

Agios Nikolaos
Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40 mins away from the international airport of Heraklion.
Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round.

  • 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).
Location on Map