Maisonette Αρκαδίου 49, Ρέθυμνο 74131, Center, Rethimno

€ 420,000
3
170 m²
1
No
Furnished

Note

Listing updated on 01/14/2026
Description

This description has been translated automatically by Google Translate and may not be accurate

reference: OH0718

Prime Investment: Frontline Heritage House with Infinite Potential Arkadiou Street & Beach Promenade | Rethymno, Crete Positioned at one of the most coveted addresses in Rethymno, this two-story residence represents a rare opportunity to acquire a frontline property on the Beach Promenade. With a private entrance on the historic Arkadiou Street, this home bridges the gap between the charm of the Old Town and the allure of the Mediterranean Sea. The property currently requires a full renovation, offering a visionary buyer the chance to create a bespoke luxury residence or a high-yield boutique "Rooms-to-Rent" business in a location where demand always outstrips supply. The layout is perfectly suited for a high-end conversion: 1st Floor: Features a grand entrance hall, kitchen, bathroom, and a bedroom. The crown jewel is the expansive sitting room, which overlooks the palm-lined promenade and the sea—ideal for a signature luxury suite or an open-plan living area with floor-to-ceiling vistas. 2nd Floor: Comprising an entrance hall and two additional bedrooms. This level offers the elevation needed for premium guest rooms that feel tucked away from the world, yet remain steps from the water. The Location: Dual access from Arkadiou St. (famed for its Venetian architecture and boutiques) and the Beach Promenade. Boutique Rental Potential: Post-renovation, the property is structurally primed for 3+ luxury suites, commanding premium nightly rates in Crete's thriving tourism market. Unobstructed Views: A permanent, front-row seat to the Aegean Sea sunset—a feature that significantly inflates property value over time. Legal Expenses The commission payable to our agency by the purchaser is set at 3% of the final purchase price, plus VAT. The invoice will be issued by “HOMELAND GREECE L.P. Real Estate Agency Services,” registered with VAT number 802598224, Tax Office of Rethymno, and (Γ.Ε.Μ.Η) General Commercial Registry number 179310650000. ‘’HOMELAND GREECE L.P’’ assumes no responsibility for the accuracy or completeness of the information contained in this document. The details are provided for informational purposes only and may be subject to errors, omissions, changes in price, or withdrawal without prior notice. All transfer-related costs, including taxes, legal fees, notary fees, and land registry fees, are the sole responsibility of the purchaser. Legal Notice Regarding Residential Properties The residential properties included in our listing have been carefully selected to ensure the existence of the necessary ownership transfer titles and relevant documents from the appropriate authorities, such as the Land Registry, the Urban Planning Office, and, where required, the local Archaeological Service. However, the company ‘’HOMELAND GREECE L.P." bears no responsibility regarding the legality of the documents accompanying the properties or their suitability for habitation or potential renovation. The responsibility for verifying the above rests solely with the prospective buyers, who are advised to conduct appropriate due diligence through specialized professionals, such as a lawyer and an engineer, before signing the final purchase agreements. Please note that the indicated surface area of the property refers to the gross habitable area, which includes both the interior and exterior walls.
Features
Type
Maisonette
Contract
Sale | Income property
Floor
1 floor
Lift
No
Surface
170 m²
Rooms
3
Bedrooms
3
Bathrooms
1
Furnished
Yes
Balcony
No
Other features
  • External exposure
  • TV system with satellite dish
Price information
Price
€ 420,000
Price per m²
2,471 €/m²
New
Energy efficiency

Energy consumption

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Discover every corner of the property
+19
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