Building for Sale

Small Hotel & Extra 1,000 sq.m Plot Near the Beach in Panormos, Rethymno Located just a 2-minute walk from the stunning beach of Panormos in Rethymno, this unique property offers a turnkey hospitality business in one of Crete’s most charming coastal villages. The complex features a beautifully landscaped garden, a seasonal outdoor swimming pool, sun terrace, and a variety of stylish accommodations—each with a private patio or balcony, free WiFi, flat-screen TVs with satellite channels, and full furnishings. The property consists of seven fully furnished and equipped units, catering to a wide range of guest preferences: • 1 Family Two-Bedroom Apartment • 1 Two-Bedroom Maisonette with Sea View • 1 Apartment with Pool View • 1 Apartment with Sea and Pool View • 1 Deluxe Apartment • 1 One-Bedroom Apartment with Pool View • 1 Studio with Sea-Side View Additionally, included in the sale is an extra adjacent plot of 1,000 sq.m with a generous building capacity of 400 sq.m, offering significant potential for future expansion or additional development. The property is just 250 meters from the beach, making it ideal for guests seeking a relaxed seaside escape. Heraklion International Airport is conveniently located 61.2 km away, ensuring easy access for international travelers. This is a rare opportunity to acquire a fully operational hospitality business with expansion potential in a prime location. 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.