Investment Opportunity: 435 sq.m. Building with 7 Apartments for Sale in Kalo Chorio, Lassithiou

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for Sale

Description

Building of 3 levels in total 435m2 that includes 7 apartments of 259,3m2 and ground floor of 176m2 is available for sale. It is located within a settlement in the coastal area of Istron, Kalo Chorio. It is developed on three levels. The apartments are located on the first and second level and range from 24m2 to 48m2. Also, the ground floor of 176m2 is unfinished with the possibility of utilization as the new owner wishes. The complex is just 300 meters from the sea, 10 km from the picturesque town of Agios Nikolaos and 75 km from the international airport of Heraklion. It offers views of the sea and the countryside. It needs renovation, after which it can be transformed into tourist apartments with high yield through short-term rental. The outdoor space can be used for parking, swimming pool, barbecue, etc. It is certainly a worthy investment choice with prospects, double as a supermarket, pharmacy, restaurants, cafes, etc.

See other real estate sales in the Block of Flats category

Quick Summary

Property Number:
16292
Property Status:
for Sale
Property Type:
Block of Flats
Area:
435
Price:
636.000   578.000
Location:
Iraklio, Dimos Chersonisou, Kalo Chorio
Distance from Airport:
75 χλμ
Distance from Sea:
0.3 χλμ

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Property Cost & Taxes

There are some extra costs that must be added to the price of the property.

These costs include Transfer Tax, Notary's Fees, Real Estate Fees, Estimated Lawyers's Fees and Land Registry.

The total value of the above is about 9% of the price of the property.

Property Price € 578.000
Cost & Taxes (9%) € 52.020
Estimated Total Price € 630.020

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