For Sale: Prime Investment Opportunity by the Sea – Ierapetra, Crete

Just 60 meters from the shoreline, this exceptional property offers a rare business opportunity on a 2,919 sq.m. plot, ideally suited for investors seeking both immediate returns and long-term potential.

The estate includes two residences:
A fully renovated and operational 53 sq.m. luxury suite, currently generating income through short-term rentals.
A second 69 sq.m. two-bedroom suite, nearing completion, offering added rental potential or personal use.
Key Highlights:
Proven Revenue Stream : Active short-term rental business with a strong online presence and a fully functional booking website.
Development Potential : Valid building permits in place with the ability to construct over 400 sq.m., allowing for future expansion.
Strategic Location : Direct access to the beach and large frontage on a provincial road, enhancing accessibility and visibility.
Versatile Use : Ideal for seasoned investors or lifestyle buyers looking to combine leisure with passive income.

Whether you’re expanding your portfolio or searching for a lifestyle investment, this seafront gem offers security, scalability, and unmatched value in the heart of Crete.