This property is located in the famous area of Matala at the entrance of the village with the crowded beach only 5 min away. The property is located on a land of 657 sqms total, while the building itself extends over 4 floors with the apartments located on the upper floors and the reception area on the ground floor. It consists of 14 studios-apartments that can accommodate two to four persons. All studios are equipped with a small kitchen area with mini electrical devices, that can prepare perfectly meals for the guests. All rooms have air-condition units, balconies and windows with views in the main street and the village of Matala. On the ground floor there is a large sitting area with tables and chairs, a small playground for the young guests and a reception area with storage rooms. It's a perfect option for investors who want to experience the beauty of south Crete.
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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 | € 875.000 |
| Cost & Taxes (9%) | € 78.750 |
| Estimated Total Price | € 953.750 |
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