Iraklio, Crete 71500

An investment property in an excellent location, just 100 meters from the sea and with frontage on the main coastal road, in Kokkini Hani, Heraklion, Crete.The building has a total surface of 650sq.m. And is spread over 3 levels: a 245sq.m. Basement, a 197sq.m. Ground floor, and a 197sq.m. 1St floor, on a plot of 865sq.m.Although it requires complete renovation, the property offers multiple possibilities for development, either as a boutique accommodation or as a complex of high-spec independent residences.There is potential for the creation of up to 12 independent tourist units, with spacious communal areas, large terraces, and the possibility of constructing a swimming pool in the uncovered outdoor spaces.An interesting proposal with great development potential, in one of the most accessible and dynamic locations of the Heraklion tourism zone.