George Varaklas Real Estate
Heraklion Cretes (Heraklion Prefecture)
George Varaklas
+302111982891
Mobile: +306942456670
Email: info@varaklas.group
2286391 - Investment Building with Student Residences 1,063 sq.m. & Leased Retail Store For sale, Heraklion Crete, 1.063 sq.m., €1.500.000
€ 1,300,000, 1,063 m²
Agent code: 2286391
Property code: 19513874
Residential Building
Price € 1,300,000
Living Area in sq.m. 1,063 m²
Price 1,300,000 ( 200,000 € on 27/03/2026)
Price per m² € 1,223
Neighborhood Therissos (Heraklion Cretes)
Zone Residential zone
Floor Ground floor
Construction year 1968
Heating System Individual Heating (Current)
Levels 4
Status Painted, Furnished
Type Suitable for commercial use, Student home
  • Property features:
  • View,
  • Air condition,
  • Frames Type: Aluminum,
  • Facade,
  • Floors Type: Ceramic floor tiles,
Description: For sale investment building with a total surface of 1,063 sq.m., located on a 314 sq.m. plot, in the center of Heraklion, Crete. The property is developed over 4 levels (Ground Floor, 1st, 2nd and 3rd floor) and represents an excellent investment opportunity with strong yield, in one of the most central areas of the city.

The building consists of:

Ground floor retail store leased to a commercial chain

11 studio apartments (open-plan and one-bedroom layouts)

3 two-room apartments

2 three-room apartment...