Tibaki, Crete 70200

For sale an unfinished commercial building of 790 sq.m. On a plot of 850 sq.m. In Kokkino Pyrgos Tympaki. It is ideally located right on the sea. It is a three-storey building and a semi-basement. It has been designed as a hotel with 13 rooms and shop (restaurant, bar etc) It consists of: Semi-basement: 225 sq.m., 3 rooms, 2 large storage rooms, space for toilets. Ground floor: 225 sq.m., 3 rooms, and space for shop, the store has a special design and does not have a single wall and internal column. + loft 14 sq.m. First floor: 5 rooms with a total area of 154.9 sq.m. And 2 large balconies with boundless sea and mountain views. Second floor: 2 big apartments with a total area of 112 sq.m. And 2 large balconies with boundless sea and mountain views. Very good investment opportunity! The total cost of the property is 770, 000. Full return is expected in approximately 56 years.Real estate agent: Yana Baglaridi.