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Crete Home in Chania Old Town

Crete Home in Chania Old Town SKU :#05-2728
Price : € 250000,-
Location : Greece :: Crete :: Chania
Category : Renovations

Crete Home in Chania Old Town, Located just 200m from the Old Municipal Market, this three storey 161m² home, facing a lovely little municipal park, nestled in the maze of small streets characteristic of the historical Old Town of Chania, is your venue to explore the Venetian fortifications, the Arsenals, the old Jewish and Turkish quarters behind the inner harbour of this fantastic city, or your great opportunity for a profitable business venture!



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The heart of Chania still beats in the widely famous, lively Old Town, with its narrow, labyrinthine alleyways and listed buildings dating from different periods of history, where you can enjoy strolls through history and time.

This privileged home is spread over three levels and requires a renovation in its interior so as to unveil its true potential and become either a residence or a profitable tourism rental!

The ground floor is 52m², while the first floor of 48,31m² with a beautiful balcony and the second one of 60,76m², enjoy calming views towards the verdant park.

Due to its unique location and traditional features that are kept alive through the years, this house is a unique opportunity either for permanent living or a profitable investment.

WHY BUYING A HOME IN OLD TOWN CHANIA IS A GOOD INVESTMENT

  • Due to the terrific location, the rental fees here are never reduced and, if anything, they keep going up.
  • Houses can be issued with an EOT license to be exploited as rentals.
  • The number of properties still available is quickly diminishing, which brings owners to a privileged position as the demand for rentals is increasing.
  • During the high season, that is, April to October each year, one is to expect full capacity.
  • The return is 8-10% per year.
Unlock your personal sanctuary, or a profitable holiday rental with this unique residence at the heart of the popular tourism destination that is the Old Town of Chania!


Location:

The old town of Chania is the beating heart of the city and the prefecture of Chania.

Crowds of people, tourists and residents of the city, people of all ages, come here and get what the charming old town and the enchanting Venetian harbour of Chania has to offer.

You'll encounter archaeological excavation sites that brought to light rich findings, even floor plans of whole establishments, showing that the city of Chania is developed on the site of an important ancient city named Kydonia or Cydonia. According to tradition, Kydonia was the third-largest city established by King Minos of Crete between the 3650-3000 BC.

Since then, Cydonia was inhabited in all subsequent phases of history. It flourished and declined at times, met wars, pillages and conquests. Its name paraphrased to Chania. Destroyed and rebuilt multiple times.

Today, the old town of Chania preserves deeply the signs since Crete was a colony of the Venetians (1252-1645), with the necessary additions of the subsequent years of Crete's conquest by the Ottoman Turks (1645-1898), as well as the less visible but existing signs of the Egyptian domination (1831-1841) that occurred during the Ottoman rule.

Observe the architecture of the buildings that reflect the diverse culture and religion of various and different civilizations that lived in Chania.

Many of these buildings were and remain homes, as well, others house shops, stores, bars, cafes and restaurants. Several, mostly Venetian mansions, have been converted into hotels, while other buildings have been converted into museums and venues that host cultural exhibitions.

All of them are monuments that will lead you, mentally, into the paths of the history of this place.

Price (Euros) 250000
Build area (m²) 161
Distance to airport, km 15
Distance to beach, km 0.5 (Koum Kapi)
Town Distance, km 0.2 (Municipal Market) / 0.3 (Old Port)

Detailed Images

Crete Home in Chania Old Town
Crete Home in Chania Old Town :: General Impression
Crete Home in Chania Old Town
Crete Home in Chania Old Town :: General Impression
Crete Home in Chania Old Town
Crete Home in Chania Old Town :: General Impression
Crete Home in Chania Old Town
Crete Home in Chania Old Town :: General Impression
Crete Home in Chania Old Town
Crete Home in Chania Old Town :: General Impression
Crete Home in Chania Old Town
Crete Home in Chania Old Town :: General Impression
Crete Home in Chania Old Town
Crete Home in Chania Old Town :: General Impression
Crete Home in Chania Old Town
Crete Home in Chania Old Town :: General Impression
Crete Home in Chania Old Town
Crete Home in Chania Old Town :: General Impression
Crete Home in Chania Old Town
Crete Home in Chania Old Town :: General Impression
   

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