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Small Hotel Complex minutes from the beach in Koutsounari

USD 1,561,976

Business opportunity (For sale)

11 bd
12 ba
4,844 sqft
lot 61,031 sqft
Reference: MEAB-T8722 / htier1
Located in Ierapetra.
An excellent investment opportunity in the serene area of Koutsounari, near Ierapetra, Crete. This charming hotel complex offers the perfect blend of tranquility, natural beauty, and proximity to the sea.
Total Built Area: Approx. 450 sq.m. (plus 16 sq.m. storage)Land Size: 5,670 sq.m.of natural surroundings with olive trees and mountain viewsComplex Composition:-  10 fully equipped apartments (each 25–40 sq.m.)-  1 house-  1 shop/café-  Storage spaceEach apartment/studio features a kitchenette, bathroom and a veranda with pergola for shade.
Location:Just 250–300 meters from the beach, this property enjoys a prime position that combines easy access to the sea with peaceful, natural surroundings. The area is ideal for visitors seeking a quiet retreat, yet it remains conveniently close to Ierapetra town, which offers all amenities and services.
Features & Potential:The complex’s size and layout make it suitable for use as a boutique hotel or holiday apartments. The existing shop/café adds potential for on-site services, while the ample land provides space for expansion, a swimming pool, or further landscaping projects.
Town of Ierapetra - about a 10-minute drive away.
The international airport of Heraklion is about a 90-minute drive away while the airport of Sitia is about an hour’s drive away.
 
View more View less Located in Ierapetra.
An excellent investment opportunity in the serene area of Koutsounari, near Ierapetra, Crete. This charming hotel complex offers the perfect blend of tranquility, natural beauty, and proximity to the sea.
Total Built Area: Approx. 450 sq.m. (plus 16 sq.m. storage)Land Size: 5,670 sq.m.of natural surroundings with olive trees and mountain viewsComplex Composition:-  10 fully equipped apartments (each 25–40 sq.m.)-  1 house-  1 shop/café-  Storage spaceEach apartment/studio features a kitchenette, bathroom and a veranda with pergola for shade.
Location:Just 250–300 meters from the beach, this property enjoys a prime position that combines easy access to the sea with peaceful, natural surroundings. The area is ideal for visitors seeking a quiet retreat, yet it remains conveniently close to Ierapetra town, which offers all amenities and services.
Features & Potential:The complex’s size and layout make it suitable for use as a boutique hotel or holiday apartments. The existing shop/café adds potential for on-site services, while the ample land provides space for expansion, a swimming pool, or further landscaping projects.
Town of Ierapetra - about a 10-minute drive away.
The international airport of Heraklion is about a 90-minute drive away while the airport of Sitia is about an hour’s drive away.
 
Reference: MEAB-T8722
Country: GR
Region: Lasithi
City: Ierapetra
Postal code: 72200
Category: Commercial
Listing type: For sale
Property type: Business opportunity
Property subtype: Bar, Hotel, Restaurant
Property size: 4,844 sqft
Lot size: 61,031 sqft
Rooms: 13
Bedrooms: 11
Bathrooms: 12
Veranda: Yes

SALE PRICE PER SQFT IN IERAPETRA

Average sale price per sqft
Oct 2023
3 months
1 year
House
USD 173
-0.5%
+9%
Apartment
-
-
-

AVERAGE HOME VALUES IN IERAPETRA

REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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