Commercial property, 665m², Arkadi (Rethymno Prefecture), 1.200.000 €

Arkadi - Sfakaki, Hotel For Sale, floor: Ground floor, 1st, 2nd (3 Levels), total area 665 sq.m., on a plot of 1,000 sq.m. Excellent opportunity on the north coast of Crete, just 10 km from the heart of Rethymnon. This boutique hotel is located on a plot right along the coastline, close to the village of Sfakaki, an area famous for its enchanting beaches and easy access to the main highway of Crete. The property has a total built-up area of ​​664 sq.m., with 421 sq.m. intended for primary use. It includes a reception building with a basement and a two-story main structure housing 7 apartments of 40 sq.m. and a studio of 25 sq.m. Each unit has a private bathroom, kitchen and balcony with unobstructed sea views. Although the property has not been in operation in recent years and is in need of renovation, it is an attractive investment for those wishing to renovate or renovate a hotel property on one of Greece's most popular islands. In addition, the plot benefits from 310.61 sq.m. of residual building rights, providing further possibilities for expansion or creative redesign. Rethymnon, Crete's third largest city, is a year-round destination known for its blend of Venetian and Ottoman charm, vibrant cultural scene and strong tourism infrastructure. The property's central location, between the international airports of Chania and Heraklion, enhances its appeal to both domestic and international visitors. This is a rare opportunity to acquire a beachfront property in a high-demand area with excellent value-added potential. Distance from Rethymnon 10 km. Distance from Heraklion Airport 70 km. Distance from Chania Airport 72 km. Beach, in a tourist zone, 20 meters from the sea. It was built in 1993, has:, energy certificate: H. Its condition is: Needs renovation. Price: €1,200,000. Dontas Real Estate, Contact Phone: 2106231555, Mob: 6980502020, email: [email protected]