Litochoro

Litochoro is a town and a former municipality in the southern part of the Pieria regional unit. Thanks ...

Business Unit/Compound of Villas for sale in Chania

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Complex

A strategically positioned estate of 12 villas and reception area is set in a land parcel of 2,279 m2 in the most sought after residential area around Chania, 5 Kilometers from Chania town, 10 Kilometers from the airport, 6 Kilometers from Souda Bay and 4 Klms from the beautiful sandy beach of Kallithas.

The whole property is comprised of 12 self contained bungalows and a small house of 25 m2 located at the entrance of the estate that can be the reception area. More specifically, there are four villas/townhouses of one bedroom and eight villas/townhouses of two bedrooms. Each of the twelve villas is independent with its own electrical power and water supply. Furthermore each has its own separate entrance and individual garden.

The villas were built in 1980 and renovated in 1996. Five of them have been recently renovated and are occupied. Architecture style is traditional and made of stone. The tenants can evacuate the properties at any given moment once a sale has been agreed.

The one bedroom villas/townhouses are approximately 60 m2 each and can accommodate up to 3 persons each. The two bedrooms villas/townhouses can accommodate are approximately 110 m2 each and can accommodate up to five persons.

A typical maisonette of the compound is a two level family house with a flower garden. On the ground floor, there is a dining/living room with a stone corner fireplace, a kitchen equipped with an oven, a rest room and a small veranda. On the 1st floor, there are 2 bedrooms (1 double bed and 1 twin bed room), a bathroom and a large veranda. Round the “maisonetas” there are stone-built pathways, planted garden with flowers and trees and in front of the complex parking are for 12 cars.

More specifically:

The interior aspect in five out of the twelve maisonettes (of 110 m2) has been fully renovated, including a complete replacement of the plumbing facilities and the electrical installation. Furthermore the exterior aspect of the maisonettes has been fully painted. Specifically, all furnace filters have been renown, the plumbing fixtures are in spotless condition (toilets, tubs, showers, sinks) and in proper working order (repair leaks, fixing leaking and blocked pipes). Moreover, all outside lights work properly and fitting blinds, jammed doors have been repaired and adjusted. The maintenance and rebuilding of the gardens has been done also recently as well as  the replacement of a fence Air Conditioning Service. Furthermore, most of the surrounding external areas of the complex have been cleared out and are now maintained.

The villas meander through mature and rich gardens full of beautiful trees and plants. Each villa is two storey and features  an open plan spacious lounge with built in fireplace, a galley kitchen and breakfast bar, utility/WC, cloakroom and on the first floor two spacious double bedrooms with built in wall to wall wardrobes and a separate fully fitted bathroom complete with bath. The expanse of roof terrace is ideal to create your own roof garden. The natural granite stone floor flags and fireplace are exceptional and add to the villas traditional village style ambience.

With a B class Hotel Certificate this could be a potential Deluxe Residential Complex ideal for an investor to renovate and sell or for rental purposes. The estate for sale may be used for tourist exploitation or any kind of commercial development use.

The compound may be used for any kind of professional use as well tourist (or other commercial) exploitation. Keep in mind that the complex has already been rented in the past partly for long term leasing.

The complex is considered to be an excellent investment opportunity given that real estates of equal size and potential are simply not available any more in such a highly valued location at such a price.

SALE!

Price: 850.000 680.000 euro

 

Some more useful information:

  • Rental return of 500 -1000 Euros per villa per month for long term lease. Short term 800-1000 Euros per week per villa
  • NATO and American Army and Navy base close by. Greek army base near the airport, 20 minutes drive
  • 10 minutes drive to the University complex of Chania
  • Easy access to the airport- potential pilot clients.
  • Residential but close enough to the beautiful unique Venetian harbor and old town of Chania.
  • Ideal pads for the young “Yuppies” of Chania business people
  • Ideal for military family homes
  • Private school walking distance
  • First class restaurant in walking distance with spectacular views overlooking Souda Bay.
  • Short drive to the beautiful sandy beach of Kalathas and the renowned beach of Stavros where Antony Quinn danced and filmed Zorba the Greek.
  • 10 minutes drive and easy access to the National Road which goes from East to West on the North side of the island.

 

Walking distance to the supermarkets, restaurants, video clubs, bakery, hardware store, butchers, chemist, gym, vet, and other shops of the village of Kounoupidiana.
 
Category Complex
Area 2.279
Parking

Interested in this proposal?