#2003
A unique investment opportunity Location: Agia Galini
830.000€
FACILITIES
Description
A unique investment opportunity in the heart of Agia Galini, just a short walk from the harbor and the lively Agora Street. The offer consists of two buildings facing each other, which can be purchased together or individually. Building A (300 m²) A versatile property combining commercial and residential use. Ground Floor (100 m²): A popular restaurant on Taverna Street, operating successfully since 1996. Fully equipped and ready for immediate operation. First Floor (100 m²): A furnished two-bedroom apartment featuring a balcony, kitchen, living room, bathroom, storage space, central heating, and solar hot water. Second Floor (100 m²): Another two-bedroom apartment with charming stone wall details, balcony, central heating, solar water, air-conditioning, and awnings. Building B (150 m²) A mixed-use building offering commercial and living space. Ground Floor (38 m²): A delicatessen shop. Basement (38 m²): Storage area. First Floor (35 m²): Staff living quarters. Second Floor (35 m²): Additional living area with a balcony. Highlights Prime location in the center of Agia Galini Two buildings with multiple income and living possibilities Immediate revenue from the restaurant and deli Traditional architectural style combined with modern comforts Perfect for investors or those seeking a home with rental potential Building A: Restaurant (100 m²): €400,000 First-floor apartment: €220,000 Second-floor apartment: €220,000 Building B (entire building): €250,000 Total asking price for both properties and business: €900,000
Selling Price:
830.000€
COST & TAXES
Estimated Total
Buying Cost
| Asking Price | 830.000€ |
|---|---|
| 3% Transfer Tax | 24.900€ |
| 3% Notary / Land Registry | 24.900€ |
| 2.5% Real Estate Fees (not inc. VAT 24%)* | 20.750€ |
| * Minimum commission of 1500€ | |
| 2% Estimated Lawyers's Fees (optional - not inc. VAT 24%) | 16.600€ |
| Total potential expenses | 87.150€ |
LOCATION
Agia Galini
Agia Galini is a charming seaside resort built around a picturesque harbor on the south coast of the Rethymno prefecture. Once a small fishing village, it has developed into a popular tourist destination while maintaining a welcoming and human-scale atmosphere. The village offers excellent amenities, including traditional tavernas, bars, shops, pharmacies, and car rental services, all within walking distance. Its active harbor adds character to the area and provides access to nearby secluded beaches by taxi boat. Thanks to its hillside location, visitors can also enjoy beautiful panoramic views of the Libyan Sea. However, Agia Galini is built on steep terrain, with many stairs and narrow alleys that may be challenging for people with reduced mobility. The main beach is relatively small and can become crowded during the summer months, while some of the region’s most impressive beaches require additional travel. As a well-established tourist resort, it also offers less tranquility and isolation than some of Crete’s more remote villages. Overall, Agia Galini is an ideal destination for visitors looking for a lively coastal village with good facilities, a charming harbor, and stunning sea views, but it may be less suitable for those seeking complete peace and seclusion.
DISTANCES FROM
AIRPORT:
80km
PORT:
77km
HOSPITAL:
52km
SHARE
A unique investment opportunity in the heart of Agia Galini, just a short walk from the harbor and the lively Agora Street. The offer consists of two buildings facing each other, which can be purchased together or individually. Building A (300 m²) A versatile property combining commercial and residential use. Ground Floor (100 m²): A popular restaurant on Taverna Street, operating successfully since 1996. Fully equipped and ready for immediate operation. First Floor (100 m²): A furnished two-bedroom apartment featuring a balcony, kitchen, living room, bathroom, storage space, central heating, and solar hot water. Second Floor (100 m²): Another two-bedroom apartment with charming stone wall details, balcony, central heating, solar water, air-conditioning, and awnings. Building B (150 m²) A mixed-use building offering commercial and living space. Ground Floor (38 m²): A delicatessen shop. Basement (38 m²): Storage area. First Floor (35 m²): Staff living quarters. Second Floor (35 m²): Additional living area with a balcony. Highlights Prime location in the center of Agia Galini Two buildings with multiple income and living possibilities Immediate revenue from the restaurant and deli Traditional architectural style combined with modern comforts Perfect for investors or those seeking a home with rental potential Building A: Restaurant (100 m²): €400,000 First-floor apartment: €220,000 Second-floor apartment: €220,000 Building B (entire building): €250,000 Total asking price for both properties and business: €900,000
