This one-of-a-kind property, with three front balconies offering breathtaking sea views across the Old Harbour of Chania, has a Busines Plan for an estimated annual revenue at 90.000 Euros.
With the potential to become a leading luxury tourist accommodation in a most popular location, this property has the capacity to be developed into a lucrative boutique hotel with either 3 suites and 2 double bed rooms or 6 double bed rooms in total.
Depending on the quality of the redevelopment, this may cost an approximate 80.000-160.000 Euros.
A wonderful mixture of excellent location and elegance, this is a an investment made in heaven!
The "Old Town" consists of the old Venetian harbour and the small Venetian blocks located behind the harbour; it is characterized by narrow and picturesque alleys - similar to an enchanting labyrinth - full of life, and the plentiful remaining Venetian and Turkish buildings. The Lighthouse, the Fortress of Firka, the Mosque of Kioutsouk Hasan, the Great Arsenali and the Neoria have become landmarks of the city. Most of the buildings are rejuvenated and they compose a puzzle of contemporary, Venetian and Turkish architecture; they are also a 'living' exhibition of the city's history. Today they work as shops, taverns, cafes and touristic accommodations.
The most famous part of the Old Town is the lively round waterfront along the Venetian harbour, which is full of small hotels, cafes, restaurants, taverns and bars. The Lighthouse at the end of the harbour is a landmark of Chania.