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Agent Details

Realista Agent

Realista Agent

Athens Center, ,

Personal Information

Contact Number

+306955552189 +3069 XX XXX 2189

G.E.M.I Number

ADS2342344 ADS23 XX XXX 2344

Telephone Number

6995554195 69955 XX XXX 4195

Email

realistaagent@yopmail.com ••••••@••••••

Hotel with five studios for sale in Malia. ID 34-4299

Malia, Greece

€350,000

Description

Hotel with five studios for sale in Malia. Situated in one of the most famous tourist destinations of Crete, this lovely hotel consists of 5 studios and presents itself as a unique opportunity for those who want to start a holiday rental business in order to boost their income. This hotel is right in the hurt of a magnificent village providing all tenants, within a short distance, beautiful restaurants, coffee shops, local shops or mini markets, and pharmacies. It lies on a 700sqm plot and spreads over three levels, comprising five studios. The ground floor comprises a 20sqm studio, and the first floor consists of two studios, one of 20sqm and one of 40sqm, while the second floor consists of two studios of 20sqm each. A large garden with a lawn and trees offers plenty of space for seating and sunbathing, while it also includes a BBQ spot with a pizza oven, the best spot to relax and enjoy a beverage. This amazing building is 3km from the beach and 5km from Malia, an area which is very famous in the summer season attracting numerous visitors from all around the world. These significant studios operate from April to mid-November with guests coming from all over the world, especially Germans, Greeks, and British visitors. Boasting a dreamy location for any tourist, this is a fantastic investment opportunity not to miss out on. Hotel with five studios for sale in Malia Location Information: Malia is the most touristic town of Crete, located 35km east of Heraklion, on the outskirts of Mount Selena. Its name means “flat area”, because Malia is situated on a fertile plain. Indeed, it is famous throughout Greece for the delicious bananas grown in the greenhouses in the area. The valley has many springs and in the past was known for its windmills, used for watering the local potato crops. Many years ago, Malia was a small coastal village with few residents. Malia has seen a rapid growth in recent years and the town has expanded towards all directions. Malia is famous for the huge beach and the very lively nightlife. Malia has two main roads that meet at the center of town, in front of the Church of Saint Nektarios. The first one street is a pedestrian street connecting the old village with the beach. This is full with clubs and bars, where thousands of young tourists party every night. The second road is vertical to the first and is full with shops, cafes, super markets, banks, clinics etc. Things here are much calmer. You may visit our Golden Visa page, https://greek-golden-visa.com/ for detailed information regarding the procedure of applying and obtaining the Greek Golden Visa, as well as all its benefits.

Detailed Information

Property Type

Property Type 2

Category

Residential

Floor

basement

City Name

Heraklion

Address

Malia, Greece

Property For

Buy

Subcategory

House

Build Year

2025

Main Area

Malia

Total Area

10000 sqft

Status

Active

Bedrooms

5 RHK

Bathrooms

2 Bath

Furnished

Fully Furnished

Heating Type

0

Heating Medium

0

Energy Class

d

Price

€350,000

Maintenance

€100

Security Deposit

€500

Brokerage

€500

Calculate Financial Summary

Monthly EMI

40,295

Principal Amount

3,250,000

Total Interest Payable

1,585,442

Total Amount Payable

4,835,442

Payable Breakdown

Principal

67%

Interest

33%

This is an approximate calculation. Actual EMI values may vary depending on the lending institution.