For sale is a detached stone-built house of 140 sq m

150.000€
  • Sqm: 140

Armacha -Kastelli

Description

A unique traditional property for sale in Armacha, Pediada, in a rapidly developing area, very close to Kastelli and just a few minutes from the new International Airport of Kastelli.
 
The property comprises approximately 140 sq.m. of buildings, situated on a 240 sq.m. plot, and retains many authentic elements of traditional Cretan architecture.
 
It features a distinctive layout with different levels, traditional arches and original architectural details, giving the property a unique character.
 
The property also includes a courtyard with a traditional wine press and an old Cretan stone oven, authentic features that could be beautifully restored and incorporated into a high-quality renovation.
 
There is also part of the building on a second level, offering additional possibilities for development and configuration.
 
One of the property's most important advantages is its very large frontage of more than 50 metres along the main road, providing significant investment potential.
 
The property is located directly next to a new traditional residential complex, further increasing the investment interest and future potential of the area.
 
Ideal for:
 
• creating a high-quality traditional Cretan residence
• tourist accommodation / boutique traditional guesthouse
• creating several independent living spaces, subject to planning regulations
• investment and property development
• buyers seeking long-term capital appreciation in an emerging area
 
The proximity to the new International Airport of Kastelli, together with the development of the wider area and new residential and tourism projects, creates significant opportunities for future exploitation of the property.
 
An authentic traditional Cretan property with character, history and considerable potential — ideal for anyone looking for a unique investment opportunity in Crete.
 
Asking price: €150,000
 
Serious offers welcome.
 
Any additional building or development potential is subject to applicable planning and building regulations.
 

Feature

  • Price:150.000€
  • Location:Armacha -Kastelli
  • Sqm:140
  • Year of manufacture:1950
  • Code:EA 306

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