3 bedrooms Commercial property for sale in Chania, Greece by Overseas Property Forum No. 76663

Property description

This investment plot and house sits in what is arguably the most fortunate location within the city of Chania, in the area of Chalepa.

The old aristocratic suburb of Chalepa is considered to be the most popular outside the city center core. It is the area where the new archaeological museum of Chania and the Museum House of Venizelos are located, a neighborhood packed with old neoclassical mansions that borders the preserved area of Tabakaria and the beach of Agia Kyriaki.

This particular property is 1,354 sqm in total with a small part of it designated to be a public park in the Municipality plans. The cleared private area of the plot is 1,167 sqm. It offers a significant building capacity of 500 sqm. The plot is defined by a detached house of 136,28 sqm with a basement of 29 sqm that now works as an independent studio, both built in 1986.

The plot and house enjoy unlimited views of the city of Chania and the sea, something that cannot be changed in the future because no one can build in front of the property and obstruct the views.

Right next to the property, there's a beautiful and modern Airbnb with about half the sqm that this plot will offer as building capacity. With the demand for both long-term and short-term housing in Chania being ever-rising this property can offer a steady source of income to the investor who will proceed in the construction of a complex of condos on this strategic spot.

On the south side the plot enjoys a beautiful and verdant scenery with high rock formations and well-grown trees.

Show full text

Parameters	Chania
Rent Per Month
Apartment (1 bedroom) in City Centre	$ 575.73
Apartment (1 bedroom) Outside of Centre	$ 511.76
Apartment (3 bedrooms) in City Centre	$ 1 104.75
Apartment (3 bedrooms) Outside of Centre	$ 1 007.27
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	$ 4 169.88
Price per Square Meter to Buy Apartment Outside of Centre	$ 3 696.03

Parameters	Chania
Crime Index	17.20
Traffic Commute Time Index	27.83
Restaurant Price Index	51.99
Property Price to Income Ratio	17.58
Climate Index	96.95
Safety Index	82.80
Traffic CO₂ Index	2550.00
Traffic Inefficiency Index	178.02
Rent Index	15.78
Health Care Index	60.42
Traffic Index	98.37
Groceries Index	53.09
Pollution Index	24.85

Parameters	Chania
Restaurants
Meal, Inexpensive Restaurant	$ 13.65
Meal for 2 People, Mid-range Restaurant, Three-course	$ 56.86
McMeal at McDonalds (or Equivalent Combo Meal)	$ 10.24
Domestic Beer (0.5 liter draught)	$ 4.55
Imported Beer (0.33 liter bottle)	$ 4.55
Coke/Pepsi (0.33 liter bottle)	$ 2.21
Water (0.33 liter bottle)	$ 0.57
Cappuccino (regular)	$ 3.78
Markets
Milk (regular), (1 liter)	$ 1.84
Loaf of Fresh White Bread (500g)	$ 1.42
Eggs (regular) (12)	$ 4.66
Local Cheese (1kg)	$ 17.06
Water (1.5 liter bottle)	$ 1.14
Bottle of Wine (Mid-Range)	$ 9.10
Domestic Beer (0.5 liter bottle)	$ 2.50
Imported Beer (0.33 liter bottle)	$ 2.62
Cigarettes 20 Pack (Marlboro)	$ 5.23
Apples (1kg)	$ 2.14
Chicken Fillets (1kg)	$ 9.33
Oranges (1kg)	$ 1.48
Potato (1kg)	$ 1.34
Lettuce (1 head)	$ 0.90
Rice (white), (1kg)	$ 2.64
Tomato (1kg)	$ 1.91
Banana (1kg)	$ 2.16
Onion (1kg)	$ 1.05
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	$ 14.59
Transportation
One-way Ticket (Local Transport)	$ 1.82
Monthly Pass (Regular Price)	$ 56.86
Gasoline (1 liter)	$ 2.10
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	$ 34 004.65
Taxi Start (Normal Tariff)	$ 3.98
Taxi 1km (Normal Tariff)	$ 1.02
Taxi 1hour Waiting (Normal Tariff)	$ 11.37
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	$ 23 313.44
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	$ 173.80
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	$ 33.55
	$ 22.71
Salaries And Financing
Average Monthly Net Salary (After Tax)	$ 1 118.29
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.42
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	$ 55.60
Tennis Court Rent (1 Hour on Weekend)	$ 56.86
Cinema, International Release, 1 Seat	$ 9.10
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	$ 78.66
1 Summer Dress in a Chain Store (Zara, H&M, ...)	$ 31.46
1 Pair of Nike Running Shoes (Mid-Range)	$ 91.93
1 Pair of Men Leather Business Shoes	$ 138.74
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	$ 417.46
International Primary School, Yearly for 1 Child	$ 6 823.45

3 bedrooms Commercial property in Chania, Greece No. 76663

Property description

Location

Features