Block Of Flats, 560 sqm, Chania

Investment Property in Nea Chora, Chania – Just 30 Meters from the Sea

An exceptional investment opportunity located in the highly desirable neighborhood of Nea Chora, Chania — only 30 meters from the beach and a short walk from the city center. This four-level property (ground floor + three upper floors) includes a total of 12 apartments, with 6 fully finished and habitable, and 6 in unfinished condition, offering significant potential for further development.

The property also includes a basement level with a 34 sq.m. auxiliary space, ideal for use as storage or utility area.

On the ground floor, there is a 33 sq.m. apartment and a 23 sq.m. storage space. The first and second floors each feature four apartments of 23 sq.m., 42 sq.m., 35 sq.m., and 35 sq.m. All apartments on the first floor are fully completed and ready to rent or use. On the second floor, only one of the four apartments is finished and habitable, while the remaining three are unfinished.

The third floor includes three apartments of 68 sq.m., 35 sq.m., and 34 sq.m., which are also in unfinished condition — giving the new owner the flexibility to complete them according to their plans.

This property is ideal for both tourism-related uses (e.g. holiday rentals, Airbnb) and long-term residential leasing, with strong yield potential due to its prime location near the sea and easy accessibility to Chania’s city center.

Nea Chora is one of the city’s most vibrant and rapidly developing areas, combining traditional charm with modern amenities, high tourism traffic, and excellent investment prospects.

This is a rare opportunity for private investors or real estate professionals seeking a building that already generates income, with room for expansion and added value — in one of Chania’s most privileged and strategic locations.