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Sea front apartments for refurbishment with direct beach access, Crete

€280,000

For refurbishment For Sale New Listing

Ierapetra, Greece

WhatsApp Facebook Twitter Pinterest Linkedin Email

For refurbishment For Sale New Listing

Sea front apartments for refurbishment with direct beach access, Crete

Ierapetra, Greece

€280,000

Overview

Property ID: PPGCRE19

2 x Apartments
Property Type

2
Bedrooms

2
Bathrooms

196

2002
Year Built

Description

2 x Sea front apartments for refurbishment located with direct access to the sandy beach in Ierapetra.

This building has 2 floors and split into 2 x separate apartments that were started and remain unfinished.

This opportunity is to purchase BOTH apartments as an investment to complete the building works and offer permanent residences or holiday homes due to the superb location directly onto the beach. The building is generally in good condition with superficial facades requiring udating.

The building faces the beach from one side and the main road of Ghrallia – Ierapetra, from the other side.

Year of Construction: 2002

Location

This property is located just minutes from Ierapetra, one of the most touristic cities in Crete.

Ierapetra means Sacred Stone, is a sun-drenched, peaceful and welcoming town on the southern coast of Crete, famous for its exotic beaches and sunsets.

In the town there are many bars, restaurants, and shops, but the project location remains unspoilt, and it is a place that combines fun and relaxation.

There are ideal climatic conditions with cool summers and warm winters, the region spares a geographic diversity combining unique shores and forested mountains.

The location is one of the fastest developing regions on Crete being perfectly located to the beach, airport, Port, shops, cafes, restaurants and medical centre.

Ierapetra is endowed with beautiful, seemingly endless beaches to rest and recharge your batteries, soaking up the sun while lounging on the golden sand. In whichever direction you look, the scenery is exotic. The long, sandy main beach is fully organised with sun loungers and water sports, and a picturesque Port, with tavernas, stores and hotels as well as a village renowned for the warmth of its locals.

Investment

This amazing opportunity is ideal for permanent residences, but also as holiday / investment properties.

According to the feedback we received from the current Real Estate market in this area of Crete, prices in general have increased by almost 20% and it is going to continue to raise higher as the area is rated as one of the most luxury areas on Crete Island.

You can find International luxury 5* hotels & Luxury Resorts which are fully operated, and the area is very well known as a very desirable touristic destination.

If you are interested in these properties and/or want to discuss buying in Crete please contact us:

https://pp-europe.com/contact/