The property consists of a complex of four apartments with a total surface of 504 sq.m., plus an additional 75 sq.m. basement space, built on a 1,700 sq.m. plot in the center of Kounoupidiana, Akrotiri.
Although the building requires renovation, it has been constructed with high standards and offers excellent investment potential. Each apartment includes its own storage/utility space, while there is the option to add a communal swimming pool, which would further enhance the property’s value and attractiveness.
It can be used either as a unified investment (tourist exploitation, short-term or long-term rental) or sold as independent apartments.
Layout Details
Basement – Apartment 52 sq.m.
• 1 bedroom
• Living room
• Kitchen
• Bathroom
• Direct access to the yard
• Private storage/utility space
Elevated Ground Floor – 2 Apartments × 126 sq.m. (252 sq.m. total)
Each apartment includes:
• 3 bedrooms (each with its own veranda)
• Spacious living room
• Kitchen
• Bathroom
• Guest WC
• Large verandas
• Private storage/utility space
First Floor – Apartment 200 sq.m.
• 3 bedrooms + 1 office room (can also serve as a children’s room or extra bedroom)
• Living room – sitting area
• Kitchen
• Large balconies with partial sea view
• Private storage/utility space
Basement Area – 75 sq.m.
• 2 automatic garage doors
• Can be used as closed parking, storage area, or converted into a SPA/gym
Outdoor Areas
• 1,700 sq.m. plot
• Spacious common areas
• Potential for garden and playground
• Provision for communal swimming pool**
• Parking spaces
Location – Kounoupidiana, Akrotiri
Kounoupidiana is one of the most vibrant and modern areas of Chania, due to the presence of the Technical University of Crete and the constantly increasing demand for housing from students, families, and tourists.
The area provides:
• Supermarkets (Sklavenitis, Chalkiadakis, SYNKA)
• Banks, medical centers, pharmacies
• Cafés, taverns, pastry shops
• Schools and kindergartens
Key Distances
• Technical University of Crete: 500 m
• Chania city center: 6 km
• Souda Port: 9 km
• Chania International Airport: 8 km
• Kalathas beach: 2 km
• Stavros beach: 8 km
• Marathi – Loutraki beaches: 10 km
Conclusion
The complex, with a total surface of 579 sq.m. (504 sq.m. apartments + 75 sq.m. basement space), on a 1,700 sq.m. plot, represents an excellent investment opportunity in one of the most sought-after areas of Akrotiri.
After renovation, with the use of each apartment’s storage space and the addition of a communal swimming pool, the property can significantly increase its market value, making it ideal for:
• Tourist exploitation (short-term rental, holiday complex)
• Long-term rental (high demand from students and families)
• Sale of individual apartments to separate buyers
Price: €880.000.
Keller Williams Cretan Properties
Contact phone:
+306978513120
+30 2821220220
email: m.momekova@kwgreece.gr
website:www.kwcp.gr
