BEAUTIFUL APARTMENT IERAPETRA CRETE GREECE
- 1 hour
- 127 views
- Galway City, Galway
Description
BEAUTIFUL APARTMENT IERAPETRA CRETE GREECE CRETE – Ierapetra (City Centre): Modern 80 sq.m. Apartment with Spacious Veranda, Just Steps from the Sea. Located in the heart of Ierapetra, in an excellent central location just a short walk from the beach, this modern third-floor apartment with a total area of 80 sq.m. is offered for sale. The property features 2 bedrooms, a spacious living room, kitchen, bathroom, and an impressive 40 sq.m. veranda, perfect for relaxing, entertaining guests, or enjoying the Mediterranean climate. This apartment is an excellent choice as a permanent residence, a holiday home, or a profitable investment property. Price: €130,000 In Ierapetra, Crete, real estate Return on Investment (ROI) generally ranges from 5% to 7% for short-term/holiday rentals. The property market yields steady capital appreciation of 4.5% to 8% year-over-year, supported by year-round tourism and strong demand for energy-efficient or renovated homes.Detailed market metrics for Ierapetra:Gross Rental Yields: 5% to 7% (depending on property management and seasonal occupancy) Average Capital Growth: 4.5% annually Key Investment Drivers: Europe's sunniest/warmest city, growing foreign interest. Our office PROFETIS.COM undertakes everything is needed for transferring the ownership of the property to your name without pressure and losing time.
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- Private seller
- Galway City, Galway
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