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referencia: EK-10830163
Property for Sale in the Heart of Rethymno Old Town A first- and second-floor property is offered for sale in a prime location in the historic center of Rethymno Old Town. The property has its main entrance on Arkadiou Street and features a through-layout, with frontage also on Eleftheriou Venizelou Street. The first floor has a total area of 220 sq.m., while the second floor measures 40 sq.m., offering significant development potential. An approved architectural study has already been completed for the conversion of both floors into a boutique hotel unit consisting of 5 suites, intended exclusively for professional use. The property’s roof terrace offers sea views and can be further developed (e.g. as a roof garden or relaxation area), adding substantial value to the investment. This is an excellent investment opportunity in one of the most commercial and touristic areas of the city.