IERAPETRA 722 00, GREECE

Multifamily New Development for Sale in Ierapetra 722 00, Greece USD 776,370

Soveværelser3
Badeværelser2
Antal værelser10
Living area, m²226
Floors3
Gulvniveau2
Lot size, m²668
Local Price690,000 EUR

A large residential complex of 668 sq.m., consisting of 3 floors with a basement and a pilotis (open ground-level parking area) of 152 sq.m., located in Ierapetra, close to the sea and the city center.

The basement is 146 sq.m. and includes a boiler room, library, gym, and operates with an automatic electric door.

The 1st floor is 160 sq.m. and contains 2 unfinished apartments.

The 2nd floor is a fully completed apartment and includes 3 bedrooms, a living–dining room, 2 bathrooms, a kitchen, a kitchen storage room (pantry), a walk-in closet room, and large balconies. It is equipped with air conditioning units, a fireplace, independent oil heating, and a solar water heater. The window frames are aluminum.

The 3rd floor (penthouse level) consists of one unfinished apartment of 50 sq.m. with a terrace.
There is an elevator installation in place (shaft and infrastructure) on all floors, but the elevator mechanism has not yet been installed.

ParkeringstypeGarage - fritliggende
Floor coveringTile
BasementPartially finished
Exterior materialBrick, Cement/concrete
Parkeringspladser2
CoolingA/C
HeatingA/C, Fireplace, Central Heating
Energy efficiency classA
Alarmsystem Balkon Pejs Gymnastiksal Panoramaudsigt Stille beliggenhed Opbevaringsrum Vinkælderen
BBQ / Grillstationer Fitnesscenter og fitness Sikret parkering Solar Panels

A large residential complex of 668 sq.m., consisting of 3 floors with a basement and a pilotis (open ground-level parking area) of 152 sq.m., located in Ierapetra, close to the sea and the city center. The basement is 146 sq.m. and includes a boiler room, library, gym, and operates with an automatic electric door. The 1st floor is 160 sq.m. and contains 2 unfinished apartments. The 2nd floor is a fully completed apartment and includes 3 bedrooms, a living–dining room, 2 bathrooms, a kitchen, a kitchen storage room (pantry), a walk-in closet room, and large balconies. It is equipped with air conditioning units, a fireplace, independent oil heating, and a solar water heater. The window frames are aluminum. The 3rd floor (penthouse level) consists of one unfinished apartment of 50 sq.m. with a terrace. There is an elevator installation in place (shaft and infrastructure) on all floors, but the elevator mechanism has not yet been installed.

bus station
High School, junior high school & primary school
Close to supermarkets and flea markets
New development zone area

INVESTERINGSØJEBLIKSBILLEDE

PRIS / M²

$3,435

Dom: delvist

Test this investment Greece financing profile ✎ Edit

The seller has not shared rental figures. For a home like this one, long-term rents around here work out to roughly USD 3,960 / month (about USD 17.5 / m²; based on Greece (country average — no local data for Ierapetra Municipal Unit)) — enter your own expected rent to see the numbers.

Indtast en månedlig husleje ovenfor for at se pengestrøm, afkast og afkast.

Pengestrøm / måned

inkl. aktiebygning: /mo

Udbetaling

Realkreditlån / mo

Equity-opbygning / motion

Cap rate

Kontant-på-kontant

Bruttoudbytte

Estimates only — not financial advice. Prefilled with typical greece financing profile figures — adjust to your own scenario.

Price context

This listing: $3,435/m² — 17% below the median of $4,163/m² across our 10 listings in this area.

$23$6,858

Reading a price below the area level: a lower per-m² price can be genuine value — larger units price lower per m², and motivated sellers exist — but check the usual reasons first: renovation needs, noise exposure (roads, rail, flight paths), unfavourable floor or orientation, leasehold/servitudes, and pending building-fund obligations in condominiums. Points in its favour here: public transport (bus station), schools (High School, junior high school & primary school), daily amenities (Close to supermarkets and flea markets).

Positioning within our own current listings in the same area — asking prices per m², not an appraisal or market valuation. Size mix, condition, and plot differ between properties.

Investeringsfaktorer
  • ✓Offentlig transport bus station
    Gangbar jernbane- eller busadgang understøtter konsekvent gensalgsværdi og udlejningsmuligheder.
  • •Vandnærhed Ναυμαχία Ιεράπετρας — 763 m · 10 min walk
    Sø-, flod- eller havfrontsudsigter og vandudsigter har varige prispræmier i de fleste markeder.
  • ✓Skoler High School, junior high school & primary school
    Nærliggende skoler udvider lejer- og køberpuljen til familier og stabiliserer den langsigtede efterspørgsel.
  • ✓Daglige faciliteter Close to supermarkets and flea markets
    Dagligvarer inden for gåafstand er et af de bedste leveomkostninger for både lejere og købere.
  • ✓Parker og rekreation Κεντρική πλατεία Ιεράπετρας — 259 m · 3 min walk
    Grønne områder i nærheden forbedrer livskvaliteten og understøtter værdi i tætte områder.

Baseret på OpenStreetMap-data. ✓ stærk   • til stede   ◦ ingen data.

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