Charming hotel complex near the beach in Koutsounari, Crete, for sale

← Individuelle Villen und Landhäuser - Region Lasithi | 11 Beds | 12 Baths | 450

1,350,000.00 €

Overview

GR-BAS-01-HTIER1
Kreta - Lasithi
Greece
Multi family house
2.38% incl. 19% VAT.
5670 m²
in need of redevelopment

Click here for the yield calculator

Description

This unique property in Koutsounari, near the lively coastal town of Ierapetra on the sun-drenched island of Crete, represents an excellent investment opportunity. The charming small hotel complex, with a living area of around 450 m² and a spacious plot of approximately 5,670 m², combines peaceful natural idyll with optimal proximity to the sea and a wide range of expansion possibilities.

The complex consists of a total of 10 fully equipped apartments, each ranging from 25 to 40 m², plus a separate house, a shop or café, and a 16 m² storage room. Each apartment has a kitchenette, a modern bathroom and an inviting veranda with a pergola that provides pleasant shade – ideal for guests who appreciate Mediterranean outdoor living. The spacious layout with 12 rooms, including 11 bedrooms and 12 bathrooms, offers a wide range of possible uses.

The extensive grounds are covered with fruit trees, especially olive groves, and offer spectacular views of the surrounding mountains. The natural environment creates a relaxed atmosphere for visitors, while the coast, only 250 to 300 metres away, invites you to take a quick refreshing trip to the sea. The complex is ideal as a boutique hotel or for holiday apartment concepts that promise attractive rental returns.

Another big plus point is the existing shop and café in the complex, which allows for direct catering or other services on the premises. At the same time, the generous space opens up the option of integrating a swimming pool, additional guest rooms or leisure areas – entirely according to your ideas and needs. The town of Ierapetra is easily accessible by car in about 10 minutes and offers extensive infrastructure and numerous leisure activities.

Heraklion International Airport is about a 90-minute drive away, while Sitia Regional Airport can be reached in about 60 minutes. Overall, this property in Crete offers a dazzling combination of investment potential, comfort and a dream location for discerning owners or investors looking for a holiday home, guesthouse or sustainable rental opportunity in a prime Mediterranean region.

Location

The property is located in the idyllic coastal settlement of Koutsounari, in close proximity to the lively town of Ierapetra on Crete. The location captivates with its peaceful, natural surroundings, characterised by olive groves and magnificent mountain landscapes. Just a few minutes' walk away are several beautiful beaches, such as Mavros Kolympos, Agios Ioannis and the sandy beach of Koutsounari, which delight visitors with their crystal-clear waters and wonderful atmosphere.

Ierapetra itself offers a perfect blend of traditional island life and modern comforts. Here you will find numerous typical taverns and restaurants where visitors can enjoy authentic Cretan specialities such as fresh fish, bougatsa or dakos. Shopping facilities for daily needs are available, as are cultural highlights, including historical sights and festivals.

Sports enthusiasts benefit from the proximity to numerous hiking and cycling routes along the coast and in the Lasithi mountains. The well-maintained paths and varied landscape offer ideal conditions for outdoor activities.

Healthcare and mobility are provided by easily accessible facilities in the region. The nearest hospital is in Ierapetra, while international travel is possible via Heraklion Airport (around 90 minutes away by car) or Sitia Airport (around 60 minutes away by car). The port of Ierapetra also offers connections to other islands and destinations in the Mediterranean.

Furnishing

General
- Rental service possible (modularly customisable)
- Online viewing possible
Outdoor area & property
- Spacious plot of 5,670 m² with olive trees and mountain views
- Verandas with pergolas in every apartment
- Potential for additional pool and extensions
interior
- 10 fully equipped apartments with kitchenette and private bathroom
- 1 detached house
- Storage room (16 m²)
- Shop/café with potential uses
- Each accommodation unit with its own bathroom
Technology & Energy
- Storage rooms available
safety
- Quiet location, secluded surroundings with no through traffic
Miscellaneous / Extras
- Potential for use as a boutique hotel or holiday resort
- Expansion possibilities on large plot of land
- Close to the beach (only 250-300 metres)
- Close to the town of Ierapetra with all amenities

Other

Have we sparked your interest? Our team will be happy to answer any detailed questions you may have, help you organise on-site appointments or find comparable properties. You can reach us on the following phone numbers:
- our free service number 0800-0005683 (only within Germany)
- Our direct dial number for properties in Crete is +49 (0)511 65475-4.
We have been a member of the German Real Estate Association (IVD) since 1977. Since 2020, we have been a licensed real estate agent/broker through the Chamber of Industry and Commerce (IHK).

Neighboorhood