An exceptional opportunity to purchase a seafront unfinished property of 328m² in the popular touristic village of Kalamaki, South Crete.
This unfinished property, consisting of 8 apartments, boasts fantastic sea views and is located directly on the sandy beach of Kalamaki, making it a prime investment opportunity.
Investment Potential
The property can easily obtain a rental EOT license, allowing for lucrative vacation rentals. Alternatively, it can be transformed into a magnificent large home or divided into individual exclusive apartments, catering to various investment strategies.
Property Layout
The property spans four floors, each offering breathtaking views across the Libyan Sea and the beach coast:
Ground Floor (100m²): A spacious open area that can be converted into two apartments. Electricity and hydraulic installations are already in place.
First Floor (90m²): Designed to accommodate two apartments with stunning sea views.
Second Floor (78.50m²): Also planned for two apartments, each with beautiful sea views.
Third Floor (59m²): Intended for two apartments, both offering lovely sea views.
About Kalamaki
Kalamaki, a charming village in South Crete, is renowned for its picturesque landscapes, serene beaches, and vibrant touristic atmosphere. The village offers a perfect blend of relaxation and recreational activities, making it a favored destination for tourists from around the world.
Highlights of Kalamaki:
Beaches: The sandy beach of Kalamaki is a major attraction, offering crystal-clear waters and a peaceful environment. It’s ideal for swimming, sunbathing, and various water sports.
Local Amenities: The village features numerous tavernas, cafes, and shops, providing a taste of authentic Cretan cuisine and culture.
Accessibility: Kalamaki is well-connected by road, making it easy to explore nearby attractions such as the ancient ruins of Phaistos, the vibrant town of Matala, and the scenic Gortyna archaeological site.
Natural Beauty: Surrounded by stunning landscapes, including the Asterousia Mountains and the Messara Plain, Kalamaki offers numerous opportunities for hiking, biking, and nature exploration.
Investing in this property not only promises substantial financial returns but also the chance to own a piece of paradise in one of Crete’s most beloved coastal villages.
