#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, with its strange and apt name, is a small labyrinthine village built amphitheatrically with white houses, surrounded by three mountains and opening in a beautiful and picturesque harbor that is very busy and full of traffic during the summer months. The small and old houses of the village seem to be squeezed by the biggest apartments that are now mushrooming in the area, but also the hotels in Agia Galini, which try to meet the increased accommodation needs of the visitors. Today Agia Galini is a modern tourist resort, which provides all the comforts to its visitors. You will find in the village many options for accommodation, food, entertainment, medical services, post office, banks, shops etc. Agia Galini is a famous holiday place with a good beach, one of the first places developed for tourism in southern Crete. What makes Agia Galini special is the amphitheater layout of the houses, which offers a wonderful view of the port and the bay of Messara, while equally beautiful is the view from the port to the village standing on the hill, especially at dusk and night.
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
