Exclusively offered by our agency, Odysseas Group Realty, this exceptional investment property is available for sale in the highly sought-after area of Mastabas, Heraklion, Crete, just 1,800 meters from the city center.

The property is a ground-floor, dual-aspect apartment of 70 sq.m. of interior living space, complemented by an additional 4.6 sq.m. external storage room. A significant advantage of this residence is its two independent entrances: one located on Ionias Avenue and the other on Moni Kalyvianis Street.

The layout includes two comfortable bedrooms, a separate kitchen, a living room, a bathroom with WC, and a veranda. The asking price also includes 50% ownership of the rear plot of land, 114 sq.m., even and buildable by derogation, with a building coverage ratio of 60%, a maximum permitted height of 7.5 meters, and a building coefficient (floor area ratio) of 0.8. which is currently used as a shared courtyard by the two-family residence.

Although the property requires renovation, its prime location combined with its potential for redesign and modernization creates excellent prospects for a high-yield investment. It is an ideal choice for both long-term and short-term rental opportunities, while also representing an excellent option for owner-occupation in a quiet and desirable neighborhood of Mastabas.

For further information, appointments, and property viewings, please do not hesitate to contact us.

Real Estate Agency: Odysseas Group Realty
Odysseas Georgiadis
Owner / Real Estate Broker of Odysseas Group Realty
Office Tel.: +30 281 024 6968
Consultant Tel.: +30 694 694 1707 (Viber/WhatsApp)
info@odysseasgroup.gr | georgiadis@odysseasgroup.gr