Business for sale in Monastiráki of 254 m² – ID 2162166

Located just 250 m from the beach, the property is 214 m² in size and is divided into 5 independent houses of approximately 40 m² each and a small communal area on a plot of approximately 3,400 m². It has its own water supply, electricity and irrigation water meter. The property is airy, with 45m of frontage on the Ierapetra-Sitia provincial road and approximately 170m to the rear on a municipal road. It offers both mountain and sea views and includes 70 olive trees and pine-filled gardens. The property is located 250 m from the sea and on a long beach (approx. 2 km) which is under development as it is located directly opposite the 5-star Numo Curio Collection by Hilton and 500 m from the 4-star Ostria Beach Resort. It is 2.5 km from Great Beach in Koutsounarii and 4.5 km from Ierapetra Town. On the property there is a fully renovated and furnished house of 40 m² with modern aluminum/sleeping/screens, water tank, solar water heater (Maltese) and two A+ air conditioning units. Additionally, an active, transferable, small-scale renovation license is included for immediate use, and there is also a mature investment plan for tourism development of 4 key spaces (to potentially apply for debt financing). Nevertheless, if necessary, the building can also be configured as a country house with the appropriate architectural plan, as the plots are located in a single complex. The property carries no debts and there is the possibility of small changes before completion, depending on the use that will be of interest to the future buyer.

Katharades is a stretch of coast approximately 5 km east of the city center of Ierapetra on the Greek island of Crete. It starts just after the Peristeras district and stretches along the main road that connects Ierapetra with Sitia and Makry Gialos. The region is known for a number of small, quiet beaches with coarse, gray sand and smooth rocks in the water. Tamarisk trees provide natural shade and there are facilities such as parasols, loungers, showers, beach volleyball courts and water sports. Katharades is home to several well-known resorts. Although Katharades is not a separate district of Ierapetra, but rather a beach region, the name is often used in connection with the hotels and beaches there.

sea view business of 254 m²

Monastiráki, Crete, Greece