Building for Sale

An exceptional residential complex with strong investment potential is offered for sale in Makry Toichos, Chania, with a total built area of 236.15 sq.m., set on a 894.79 sq.m. plot within the settlement, benefiting from a total building allowance of 400 sq.m., offering significant potential for further development.
The property comprises two fully functional and income-producing residences, auxiliary spaces with conversion potential, and parking for up to four vehicles, making it an ideal choice for touristic exploitation or a combined private residence and investment opportunity.

Ground Floor Residence – 70.56 sq.m.
The ground floor residence consists of:
2 bedrooms
1 bathroom
Open-plan living room and kitchen
2 storage rooms with a total area of 14.76 sq.m.
It features autonomous heating, three air-conditioning units, a spacious veranda, aluminum window frames with insect screens, and a solar water heater.
Built in 2022, the residence is in excellent condition and is already operating successfully on short-term rental platforms, offering immediate income with no additional investment required.

First Floor Residence – 90.44 sq.m.
This residence comprises:
2 bedrooms
1 bathroom
Open-plan living room and kitchen
Originally constructed in 1967 and fully renovated in 2022, the property meets modern living standards and is equipped with autonomous heating, three air-conditioning units, a fireplace, large verandas, aluminum window frames with insect screens, and a solar water heater.
This unit is also successfully offered for short-term rentals, further strengthening the overall investment profile of the property.

Auxiliary Spaces – 75.18 sq.m.
Semi-finished auxiliary spaces with a clear potential for conversion into independent studio apartments, suitable for touristic use. Combined with the remaining building allowance, the property offers the possibility of developing additional units, significantly increasing the potential return on investment.

Location – Investment Advantages
The property enjoys a strategic location:
550 m from the organized sandy beach of Chryssi Akti
3 km from the city center of Chania
150 m from urban and intercity bus stops, as well as the Old National Road

Its proximity to the sea, easy access to the city center, and the already established touristic demand in the area make this property an excellent choice for investors seeking immediate returns alongside long-term development prospects.