Building for Sale

An outstanding opportunity to acquire a fully operational and spacious apartment complex in one of Crete’s most desirable destinations! Situated at the entrance of Old Malia, this property blends authentic Cretan charm with modern functionality, offering great potential for investment, boutique hospitality, or year-round operation. Property Overview The complex includes 19 large and fully equipped apartments, distributed across several levels: Basement Level: 3 spacious apartments, a large reception area, and a comfortable waiting lounge. Ground Floor: 5 apartments and 2 linen storage rooms . First Floor: 5 bright and spacious apartments with private balconies. Second Floor: 6 comfortable and airy apartments, each with a lovely view. Third Floor (Penthouse): A very large and impressive apartment with many windows, offering natural light and stunning panoramic views of Malia and Hersonissos. 2 bedrooms , 1 kitchen , 1 bathroom , 2 storage rooms. Features & Amenities All apartments are very spacious, ensuring comfort and privacy. Private balconies in every apartment with mountain and sea views. Large reception area with direct access to the swimming pool. Private water drilling system for reliable water supply. Oil heating system and radiators throughout, making the property fully functional even during winter. Solar panels provide hot water every day for all rooms. Air conditioning in every apartment. Municipal parking located directly across the street. The National Road is only 150 meters away, offering easy access to Heraklion, Hersonissos, and Agios Nikolaos. The beach is just 1 km away, along a scenic route through the charming Old Malia village, perfect for a pleasant walk full of local character. Possibility to install an elevator, providing added convenience and accessibility for guests. All apartments are bright all day long. Highlights Fully equipped and ready-to-run investment. Ideal for tourist accommodation, boutique hotel, or long-term rentals. Spacious design, modern amenities, and traditional Cretan aesthetics. Quiet yet easily accessible location near main attractions.