Single-family detached house 122 m², to be refurbished, Panormos, Geropotamos

An old detached house of 122 sq.m. is available for sale in the seaside area of Panormos, just a few kilometers from the center of Rethymno.
The property is situated on a 180 sq.m. plot and offers a total building capacity of up to 210 sq.m. It enjoys an excellent location, very close to the sea, with direct access from a main road, ensuring convenient connectivity to surrounding areas.
The house is in need of full renovation but has great potential to be transformed into a modern, functional residence with contemporary aesthetics. Furthermore, the possibility of adding an upper floor allows for beautiful sea views and a charming outlook over the picturesque local landscape.
This property is an ideal choice for both permanent residence and tourist exploitation, thanks to its privileged location in one of Rethymno’s most popular and rapidly developing areas. The growing tourism development of Panormos significantly enhances the investment value of the property, making it a great opportunity for those seeking a high-return real estate investment with strong future prospects.