Stonehouse Storage room Not Shared Frontage Balconies Inner stairs Bright Traditional house Suitable for professional use

Property Code: 1728410, For Sale Detached house, Rethymno ,Palia Poli 230sq.m ,Ground floor , 9 rooms ,3 level/s ,4 Bedroom/s ,3 bath/s , features: Storage room, Internal Staircase, Balconies, No shared expenses, For Investment, Stonehouse, Traditional house, Roadside, Bright, Suitable for Commercial Use ,  price: 425.000€

#Rethymno #Old_Town

#House_for_Sale – 230 sq.m.

Price: €425,000


In the beautiful Venetian Old Town of Rethymno, located near the market center, this stone, traditional building in need of complete renovation is available for sale. It covers an area of 230 sq.m. on a 100 sq.m. plot.

This is a three-level building with a total of 4 bedrooms, 3 bathrooms, a living room, and a kitchen.

Floor Areas:

Ground Floor: Independent residence of 88.71 sq.m. (consists of an autonomous living room, atrium, kitchen, bathroom, and an external covered space - storage).


First Floor: Independent residence of 79.78 sq.m. (consists of two bedrooms and a bathroom).


Second Floor: Independent residence of 62.22 sq.m. (consists of two bedrooms, a terrace with a view of the Fortezza castle and the old town, and an external bathroom).

The existing building is a single, undivided property and cannot be separated into independent properties - residences due to the layout of its spaces.


Renovation Potential

With the appropriate renovation, the property can be utilized in various ways, such as independent tourist accommodations, a boutique hotel, or a themed guesthouse.


About the Old Town of Rethymno

The Old Town of Rethymno is one of the most charming and lively destinations in Crete. Its narrow streets, Venetian and Ottoman architectural influences, and picturesque houses create a magical atmosphere that captivates every visitor. Rethymno is known for its vibrant cultural life, with festivals, exhibitions, and traditional events held throughout the year.


The Fortezza castle, an impressive 16th-century fortress, dominates the skyline and offers stunning views of the sea and the city. Additionally, the area is filled with traditional shops, taverns, and cafes, offering many options for entertainment and shopping.


The Old Town is ideal for both investors and residents, as it combines traditional beauty with modern amenities. The constant flow of tourists, along with many permanent residents, creates a dynamic and sustainable real estate market with excellent prospects and returns. Whether you are looking for a place to live or a profitable investment destination, the Old Town of Rethymno is an excellent choice.


Investment Potential

Investing in the beautiful Old Town of Rethymno is a choice with great prospects and returns. The Old Town is a lively city with year-round tourism and many permanent residents. It is considered a jewel, a landmark of the Rethymno region, at the center of events, and offers all the amenities one needs, whether as a visitor or a permanent resident.


Real estate agency #terrarealestaterethymno
Contact telephone 2831028808
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