Magnificent Renovated Old Town Mansion, Rethymno, Crete | Property for sale | Savills
177 sq m
Asking price €700,000

Magnificent Renovated Old Town MansionRethymno, Crete

    Key features

    • Old Town Mansion
    • 2 bedrooms, 3 bathrooms
    • 177 sqm total areas
    • Beautiful front yard and nice terrace
    • Great rental income

    Situated on a large park with a playing ground next to a field and the impressive square of Rethymno County Council

    About this property

    • Walking distance from the sea and the area is surrounded by narrow alleys and magnificent buildings of an older era. It is a property suitable for permanent living, as well as for commercial use in the HORECA business. The building spreads on two levels, a 88,43sq.m ground floor and a 88,43sq.m first floor. The ground floor is accessed by three doors, one leading directly to a spacious living room, one in the hallway and one directly to the stairs. Upon entering through the middle door and directly into the hallway, we find the living room on the left, the kitchen, and two WCs on the right. Internal stairs are taking us to the first floor, which is occupied by two bedrooms with en-suite bathrooms. The first bedroom is gifted with 5 large windows allowing ample sunshine, while the second one has two windows. On the first floor there is also an internal patio and a storage room. From all the windows of the first floor the property offers great views of the town towards the sea. A true magnet for everyone in the city, an increasing popular spot both for locals and tourists is the place to create a magnificent home or a profitable rental business, that has lots of potential for growth.

    Local information

    • Basking between the commanding bastions of its 15th-century fortress and the glittering azure waters of the Mediterranean, Rethymno is one of Crete’s most enchanting settlements. Its Venetian-Ottoman quarter is a lyrical maze of lanes draped in floral canopies and punctuated with graceful wood-balconied houses, ornate monuments and the occasional minaret. Crete's third-largest centre has lively nightlife thanks to its sizable student population, some excellent restaurants and a worthwhile sandy beach right in town.

    Additional information

    • Rethymno old town

    • Walking distance to the port and to the beach

    • 60 km from Chania airport

    • 50 km from Chania town

    • 73 km from Heraklion town