Crete commercial/business property for sale

C1015 - Period hotel for renovation

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This hotel was the first in Kissamos, and was built in 1936. Located centrally, it is only 300m from the beach, and is close to all facilities. Repairs have been carried out to the exterior, but the interior needs complete renovation.

Last used in the mid-1980s, the hotel occupies the whole first floor and comprises 10 bedrooms and 2 bathrooms. The property enjoys the rights to the airspace above, and could be extended upwards if used for commercial purposes. It also possesses 1/3rd of the ground rights, shared with the two shops below.

The hotel has exciting potential for conversion into a spacious family home or apartments, and offers a rare and affordable opportunity to acquire a large traditional property in the heart of Kissamos.