Maison mitoyenne in Makrigialos

Fully Operational Tourist Complex 60m. from the Sea.

Discover an excellent investment opportunity in Mavros Kolympos, Ierapetra, just 60 meters from the beach. The complex is an already operating short-term rental business with stable income and significant growth potential.
Property Details Location
Location: Mavros Kolympos, Ierapetra, East Crete
Distance from Sea: Just 60 meters
Plot Area: 2,919 sq m. (large frontage on a provincial road)
Total Residential Area: 141 sq m. (ground floor levels)
Zone: Residential
Energy Class: C
Night Power: Available
Residential Description Potential
The complex consists of two independent suites, designed for tourist exploitation:

Suite A (53 sq m): Fully Functional Renovated
It has 1 spacious bedroom.
Includes a 19 sq m storage room
Fully renovated and equipped with high quality materials.
Immediately available for hospitality, generating income from the first moment.
Luxurious aesthetics.

Suite B (69 sq m): Under Completion with Great Potential
Designed with 2 bedrooms (unfinished state).
Offers immediate completion with minimal cost.
Its completion will add a significant increase in the total income of the complex.

Business Development Advantages
Immediate Income:
Already operating short-term rental business
Fully operational with online bookings, ensuring a continuous flow of customers.
Significant Development Potential:
Remaining building factor of 257 m2 on the plot, allowing for further expansion.
Existing permit for construction of additional houses or hotel units, giving flexibility in the development of the complex.

Ideal Investment for:
Experienced Investors: Seeking immediate return on investment and passive income from day one, taking advantage of the already established presence.
New Entrepreneurs: Wanting to enter the tourism industry with a ready and operational business, reducing business risk. Guidance is provided for a smooth transition.
Lifestyle Investors: They dream of a combination of personal use and income, enjoying the quality of life by the sea with management flexibility.

Competitive Advantages
Direct access to an organized beach, offering a unique experience to visitors.
Large frontage on a provincial road, ensuring easy access and visibility.
Clean title deeds, guaranteeing a seamless transfer.
High-quality renovation in the first suite, highlighting the attention to detail.
Strategic location in Ierapetra, a developing tourist area.
Don’t miss the opportunity to acquire a property that combines immediate yield, growth potential and a key location in Crete!

Information
Code: 1-814
Area: 141 sq.m
Plot Area: 2919 sq.m
Rooms: 3
Living Room: 2
Kitchen: 2
Bathroom: 2
Heating: Individual – Petrol
Status: New-built
Placement: Side to side
Year of manufacture: 2017
Available from: 09-03-2025
Last Updated: 30-04-2026

Information
Frames: Aluminium
Floors: Tiles
Door: Security door
Closet: Built-in
Garden: Private
Parking: Open
Warehouse
A/C
Furnished
Open
Bright
Double glazing
Solar water heater
Commercial property
Seafront
View: Sea