In beautiful Ierapetra, south east Crete, and just 250 metres from the awarded (blue flag) Katharades beach on a land of 6624 m2, a property of two complexes is on sale. The first house complex, of 214 m2, includes 5 apartments of approximately 40 m2 and a utility apartment of 14 m2, and was built in 1980 to operate as a boutique hotel providing bedding for 20 persons. One of the 5 apartments has been completely renovated in 2017, including top quality aluminium frames, A+ air conditioning units and solar water heater while the rest 4 apartments are in need of renovation.The second house complex, completely detached from the first one, includes a two-storey house of 119 m2, built in 1986 and renovated in 2018, furnished with aluminium frames, solar water heater and one A+ air conditioning unit. Attached to this house, a two-storey building of 143 m2 is under construction as a second maisonette that can be converted to two or three smaller apartments as required. The land of 6624 m2 has two fronts, 135m in its main front facing the regional road,and 27 m at the back facing a local community road. It has 70 olive trees and pine gardens, is amphitheatrical with a unique horizon view, both mountains and sea, and has great spots for building infinite pools, barbecues as well as spacious parking lots.