Estimated cost of agency, lawyer, notary, land registry, taxes: 13,207

Traditional

T1103 - (Renovation) Huge 13-room stone mansion for expensive boutique hotel project

This is a huge and expensive renovation project for someone with the vision to restore an 18th century stone mansion to its former glory!

** This project is suitable only for professional investors who can finance the purchase price plus around €400-600,000 for renovation costs **

The property lies in a large plot inside the limits of a village just 1.5kms from a sandy beach, 5 minutes from the shops and facilities of Kissamos, and 25 minutes from the historic Venetian city of Chania. Although it is a small village, there are a couple of shops and tavernas, and it is very popular with independent tourists.

The property comprises 7 rooms on the ground floor, 6 rooms on the first floor, 2 terraces, a huge courtyard, and a walled garden. The main roof of the first floor has been replaced, so 4-5 rooms on the first floor are habitable in a very basic fashion.

Most of the ground floor rooms were used as stores or stables and have earth floors and need extensive renovation. However, many of the original features- stone arches, chestnut beams – remain intact, and could form beautiful highlights in a restored building. There are two external terraces on the first floor, one with sea views.

Outside, the main courtyard contains a planted area, the remains of a store, and a patitiri used for treading grapes. A walled garden is accessed from the courtyard. There is sufficient space for a swimming pool either in the main courtyard or in the walled garden. Between the front wall and a village road, there is space for parking for 4-5 cars. A further piece of land of 1,010m2 nearby, useful for parking, is available by separate negotiation.

The property is accessed by a good asphalt road, and services are on site or nearby. If you are looking for a professional and ultimately profitable restoration project, this could be for you.

Basic Information

DistrictMithimni

Categoryresidential

Typemaisonette

Year built1901

Floor numberground floor

Levels2

Elevation37 m

ZoningResidential

Road typeAsphalt

Details

Living Rooms10

Kitchens2

Bedrooms5

Bathrooms2

WC1

Energy class(in progress)

Benefits

Sea views

Garden

Land

687 m2

Built now

424 m2

Max build

400 m2

Sea views?

Yes

Price

€ 169,000

Compare value

€ 399 / m2

the property is located inside the circle, but not necessarily at the centre