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8 Bed Villa for sale

Agia Galini, Rethymnon, Crete, Greece

£600,466 *


Property Details

  • Bedrooms: 8
  • Bathrooms: 0

Full Description

Successful business for sale in an exclusive sea front location with EOT tourism licence. Walking distance to beach at Agia Galini, South Crete. This is an opportunity to purchase a completely renovated four floor apartment block in the popular tourist village of Agia Galini. Located a few minutes’ walk away from the beach and enjoying an elevated sea front position, this property is unique in its offering of sea views, accessibility to the beach and village amenities. It could continue to operate either as a business or as individual private homes.

The property currently operates as a very successful business, complete with a full EOT licence for tourism and modern, furnished apartments, suitable for short and long term rents. Many bookings are with returning customers and taken in advance of the coming season.
The layout of the property allows for changes to be made and the owners are happy to negotiate this. 
There is potential to combine the top two apartments making an exclusive penthouse apartment, giving up to 100m2 of living space and incredible uninterrupted sea views.
The roof could be developed into a garden or outdoor entertainment area.
The property has a large private garden, of over 100m2 on street level and includes a variety of established tropical plants and trees. There is adequate room to add a pool and the garden has a secure gated entrance.

?To the roadside of the property are four private parking spaces and the sea side has ample parking on a quiet road. It is an easy walk both to the beach and to the village.
Each apartment has its own private hot water system of 200 litres, two air conditioners, and comes fully furnished and fitted with quality products including washing machine, Bosch appliances and dishwashers.
There are a total of four individual one bedroom apartments, on the first and second floors, each with its own private balcony to the front and sea facing balcony to the rear.
Each apartment comes fully furnished and comprises:

One bedroom with fitted wardrobes
Modern fitted kitchen
Dining area
Bathroom with bath and power shower
Open living area
High protective glass added to windows
Two air conditioning units          
200 litre solar hot water
Security entrance

On the ground level and lower ground levels is a fully renovated large apartment, covering 200m2 over two floors, which is currently used by the owners as a comfortable home, but similarly offers the potential for rental as two separate 100m2 apartments.

? Lower ground comprises:

Large open plan living area with floor to ceiling shelves and large  glass fronted fireplace
Access to the garden from main living area
Large modern fitted kitchen with quality finishes, appliances and fittings
Two large store rooms which could be additional living/bedroom spaces
Internal staircase 

Ground floor comprises:

Three bedrooms, including two en suite with private balcony and sea views
Additional bathroom
Large store room which could be another bedroom/living space
Air conditioning units
Security entrance

The potential of this property combined with its current success as a business makes this a most attractive offer.

Seafront building in Agia Galini currently offering 4 x 1 bedroom apartments, 1 x 3 – 4 bedroom  apartment with garden, balconies, parking and space for a pool – a fantastic investment opportunity for a fully renovated sea front property.



This property listing (ref: CLB159) is an advertisement supplied by A Property in Greece and does not constitute property particulars. While (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. recommends seeking independent legal advice prior to any overseas property purchase.

*Based on an exchange rate of 0.8962 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.

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