Agios Panteleimon, Crete

For Sale: Prime Investment Opportunity by the Sea Ierapetra, CreteJust 60 meters from the shoreline, this exceptional property offers a rare business opportunity on a 2, 919 sq.m. Plot, ideally suited for investors seeking both immediate returns and long-term potential.The estate includes two residences:A fully renovated and operational 53 sq.m. Luxury suite, currently generating income through short-term rentals.A second 69 sq.m. Two-Bedroom suite, nearing completion, offering added rental potential or personal use.Key Highlights:Proven Revenue Stream: Active short-term rental business with a strong online presence and a fully functional booking velopment Potential: Valid building permits in place with the ability to construct over 400 sq.m., allowing for future expansion.Strategic Location: Direct access to the beach and large frontage on a provincial road, enhancing accessibility and visibility.Versatile Use: Ideal for seasoned investors or lifestyle buyers looking to combine leisure with passive income.Whether youre expanding your portfolio or searching for a lifestyle investment, this seafront gem offers security, scalability, and unmatched value in the heart of Crete.