Rethymno, Crete 74100

Detached house of 165 sq.m. For sale in the Old Town of Rethymnon. This is a property in fairly good condition as it was renovated in 2007. It has 4 bedrooms and two bathrooms. It has autonomous heating with an oil boiler and a small yard while it is airy and has balconies in every room. The initial asking price turns this property into an investment opportunity. The available square footage allows the new owner to use the property as both a permanent home and short-term rental homes.The entire Old Town of Rethymno is classified as a preserved monument. This fact combined with the finite number of properties allows the new owner to feel secure about their investment. Real estate in the Old Town, given, does not lose its value. They are considered to some extent unique properties which favors the investment designation for any purchase within the boundaries of the Old Town.The street on which it is located is not commercial and fussy which further enhances the possibility of exploitation for residential use. It is located as far as it needs to be from the bustling parts of the Old Town so that to be quiet and as close as it needs to be within a stone's throw of all the services that this beautiful monument has to offer. The castle of Fortetsa is at a distance of less than five minutes, while the distance from catering services and other shops is even shorter.All distances related to city services are within a ten minute walk. Both the supermarkets and markets of the city as well as the coastal road with its countless shops and the huge beach of Rethymno are at the feet of each tenant of the specific property.It is a given that investments in the Old Town are becoming more and more as it develops year by year, while the picturesque alleys with the mixture of history and culture that is lost in the depths of time create an ideal environment for both everyday life and holidays.Responsible for the listing is Mr. Konstantinos oullos, licenced realtor with General Commercial Registry Number (Gemi) 349607.Despite the fact that Aspis Real Estate Rethymno takes all precautionary measures to ensure that everything that is written in our classified ads is true, these are by statement of the sellers therefore we cannot accept any responsibility for the correctness of the information. In any case we offer a strong recommendation to check the information with certified professionals before any down-payment.