Beachfront Hotel for sale in Rethymno.
Nestled along the stunning shores of Crete, near the historic city of Rethymno, this charming boutique motel offers a rare opportunity to revive a seaside retreat. Situated on a spacious 1,001.51 sqm plot, the property is comprised of two distinct units, with a total built area of 664 sqm, of which 421 sqm is dedicated to main use. Although currently inactive and in need of renovation, the motel boasts immense potential for transformation into a luxurious getaway or a cozy boutique hotel.
Built in 1993, the property includes a reception building with a large basement, and a second structure housing two floors of accommodations. The rooms are divided into seven generously sized 40 sqm apartments and an additional 25 sqm studio, each complete with a private bathroom, kitchen, and balcony that opens up to breathtaking sea views. These features present an ideal layout for guests to enjoy both comfort and privacy while experiencing the beauty of the Cretan coastline.
Adding to its allure, the property comes with additional building rights for 310.61 sqm, offering further development possibilities. There are plans to enhance the existing structures and expand the property, transforming it into a boutique hotel with a total of 47 beds. The envisioned renovation would include adding private pools and garden areas for the ground-floor units, creating an even more exclusive experience for future guests.
With its prime beachfront location, expansive plot, and endless potential for development, this property presents a unique investment opportunity. Whether as a boutique hotel or a collection of seaside apartments, this intimate haven on Crete’s coast invites the next chapter of luxurious hospitality and island living.
PROPERTY ID: 12-708.
Ktimatoemporiki Real Estate
Contact phone: 2150000250, 2821056600
Email: info@ktimatoemporiki.gr
Website: http://ktimatoemporiki.gr
