Residential building 480 sq.m., Malia, Heraklion, Crete

Unique ID: 1737
Asset ID: 179464
€ 450,000


Property Description:

Residential building of 480 sq.m., built in 1989, on a plot of 450 sq.m. plot, at Frixou Tsagaraki Street, Malia, Heraklion, Crete. Consists of six apartments.

In detail:
-Underground of 159.95 sq.m., with boiler room, storage room and parking space.
-Ground floor of 159.95 sq.m., with 3 apartments 53.31 sq.m. each, 2 bedrooms, open-plan, kitchen and bathroom.
- First floor of 159.95 sq.m., with 3 apartments 53.31 sq.m. each, 2 bedrooms, open-plan, kitchen and bathroom.

Special features: ideal for airbnb or boutique hotel, 1,5km or 20' by foot from Malia beach

Note : The asset is currently under Technical due diligence. The final total area and price may differ from the current.


The property is located in Malia which is a town of a municipal district in the Municipality of Hersonissos in the prefecture of Heraklion. It is about 35 km from Heraklion and has very good access via the North Road of Crete. Today it is a cosmopolitan tourist centre with wonderful hotels and decent holiday centres, tourist shops, etc. It is located at the 3Fourth kilometer of the main highway to the Prefecture of Lassithi, whose borders are at 38 kilometres, further east. To the east, at a distance of 37 km, are the antiquities of Malia. In Malia there are, among others, schools, a regional doctor's office, a conservatory, a cultural and sports association as well as all the services of the Municipality. The city of Malia is a popular tourist resort that combines the modern with the traditional. These two different aspects of the city are separated by the main street of the town.

For your convenience and immediate service, we take over the process of submitting the application, pre-approval and disbursement of a mortgage, in case bank financing is required for the acquisition of the property.
We cooperate with main Greek banks to find the right financing solution that suits your needs, with the most favorable terms. Our specialized partner will inform you in detail about the different financing options and will support you throughout the process. The service is free of charge for our customers.

Main Features

Internal area
480 m2
Heraklion Prefecture
Anonymi Dimotiki Odos
35.282446, 25.459467
Auction code