














#1547
Apartments complex for sale in Matala Location: Matala

875.000€
FACILITIES
Description
This property is located in the famous area of Matala at the entrance of the village with the crowded beach only 5 min away. The property is located on a land of 657 sqms total, while the building itself extends over 4 floors with the apartments located on the upper floors and the reception area on the ground floor. It consists of 14 studios-apartments that can accommodate two to four persons. All studios are equipped with a small kitchen area with mini electrical devices, that can prepare perfectly meals for the guests. All rooms have air-condition units, balconies and windows with views in the main street and the village of Matala. On the ground floor there is a large sitting area with tables and chairs, a small playground for the young guests and a reception area with storage rooms. It's a perfect option for investors who want to experience the beauty of south Crete.

Selling Price:
875.000€
COST & TAXES
Estimated Total
Buying Cost
Asking Price | 875.000€ |
---|---|
3% Transfer Tax | 26.250€ |
3% Notary / Land Registry | 26.250€ |
2.5% Real Estate Fees (not inc. VAT 24%)* | 21.875€ |
* Minimum commission of 1500€ | |
2% Estimated Lawyers's Fees (optional - not inc. VAT 24%) | 17.500€ |
Total potential expenses | 91.875€ |
LOCATION
Matala
Matala is a village located 75 km south-west of Heraklion, Crete, Greece. The artificial caves in the cliff of the Matala bay were created in the Neolithic Age. Matala was the port of Phaistos during the Minoan period. Matala was then a fishing village. In the 1960s, the caves were occupied by hippies who were later driven out by the church and the military junta. Now Matala is a small village living mainly from tourism. Matala's hippie history relives during the 3 days Matala Beach Festival.
DISTANCES FROM
AIRPORT:
71km
PORT:
74km
HOSPITAL:
61km

SHARE
This property is located in the famous area of Matala at the entrance of the village with the crowded beach only 5 min away. The property is located on a land of 657 sqms total, while the building itself extends over 4 floors with the apartments located on the upper floors and the reception area on the ground floor. It consists of 14 studios-apartments that can accommodate two to four persons. All studios are equipped with a small kitchen area with mini electrical devices, that can prepare perfectly meals for the guests. All rooms have air-condition units, balconies and windows with views in the main street and the village of Matala. On the ground floor there is a large sitting area with tables and chairs, a small playground for the young guests and a reception area with storage rooms. It's a perfect option for investors who want to experience the beauty of south Crete.