Residential Building For sale

For Sale – Neoclassical Building for Boutique Hotel (Golden Visa Eligible)

Exceptional Investment Opportunity – A preserved neoclassical building is available for €800,000 in the historic center of Chania, ideal for conversion into a boutique hotel or high-end guesthouse. The property qualifies for the Golden Visa program, offering buyers the opportunity to obtain a Greek residency permit through investment.

Property Description

Year of construction: 1960

Area: 340 sq.m. across 3 levels (semi-basement, elevated ground floor, first floor + attic)

Private plot with development potential

Impressive neoclassical architecture with high ceilings, elegant lines, and an internal staircase

Flexible layout for creating 8 luxury suites (preliminary renovation study available)

Requires renovation, allowing for customized design according to the buyer's vision

Strategic Location

Prime central location with direct access to:

Beach and the historic Old Town (Venetian & Ottoman landmarks)

Kum Kapi (vibrant tourist area with restaurants, bars, and cafés)

Shopping centers, transportation hubs, and tourist amenities

The area boasts architectural diversity and strong tourist traffic, making it perfect for premium investments.

Golden Visa Requirements

Minimum investment of €800,000 (according to the new regulations)

Licensing potential as a tourist accommodation (boutique hotel), enhancing investment value

Legal assurance for compliance with program requirements

Investment Potential

Ideal for:

Investors seeking Golden Visa eligibility and long-term returns

Developing a luxury boutique hotel or guesthouse with high profitability

Commercial use with added value (designer accommodations, cultural hub)

Contact Information

Keller Williams Cretan Properties

📞 +30 6949870251

✉ sfarantakis@kwgreece.gr

🌐 kwcp.gr