In the heart of one of Crete’s most iconic locations, overlooking the Mirabello Bay and directly connected to the vibrant rhythm of the town, this neoclassical property presents a rare opportunity for those seeking an investment with character and strong potential.
The building, constructed in the 1950s, currently offers a total built surface of 227.85 sq.m. and combines timeless architecture with a location that inherently creates value.
The property consists of:
- Ground floor: 100.38 sq.m. (commercial use)
- First floor: 115.87 sq.m. (residential use)
- Rooftop room: 11.60 sq.m.
The residence on the first floor is bright and dual-aspect, featuring two bedrooms, spacious reception areas, a large living room, and a kitchen, all with access to balconies.
At the rear, a small private courtyard offers a sense of tranquility, while an internal staircase leads to the rooftop, where panoramic sea views unfold.
Additional building potential: 53.58 sq.m.
Investment potential:
- Conversion into two independent apartments, ideal for short-term rentals
- Development of boutique hospitality units with distinctive character
- Option for redevelopment into a new multi-storey building, maximizing return on investment
The unique location — on a pedestrian street and parallel to the main road — combined with unobstructed views of Mirabello Bay, makes this property an exceptional choice for investors seeking high added value.
This is not just a property.
It is an investment in location, perspective, and experience.
