Residential Building, Siteia, Lasithi, Crete | Property for sale | Savills
225 sq m
Asking price €350,000($567,152)

Residential BuildingSiteia, Lasithi, Crete

    Flat / Apartment
    225 sq m
    6Bedrooms
    3Bathrooms

    Key features

    • Central location
    • Fully tenanted building
    • Established rental income
    • Scope for future enhancement

    Fully tenanted residential building comprising three apartments in central Sitia.

    About this property

    • Built in 1985, the property comprises three self-contained apartments of approximately 75 sq.m. each, all configured as two-bedroom units.

      The ground-floor apartment benefits from a small private yard, and all three units are occupied under long-term tenancies, providing a reliable rental income stream.

      The building has been maintained and remains fully functional. Located within walking distance of shops, markets and everyday amenities, the building is well suited to investors seeking an income-producing asset with potential for future value enhancement in an established residential area.

    Local information

    • Situated in central Sitia, the property benefits from a convenient, level location with easy access to shops, local markets and everyday amenities, supporting consistent long-term residential demand.

    Additional information

    • Sea / beach – 800 m

    • Sitia Airport – 4 km (2.5 miles)

    • Agios Nikolaos – 57 km (35 miles)

    • Heraklion Airport – 117 km (73 miles)