BEAUTIFUL APARTMENT IERAPETRA CRETE GREECE
IERAPETRA is one of the most famous places in CRETE with amazing beaches as the MAKRIS GIALOS and ACHLIA,with clear blue seas,nice restaurants and taverns but also with open seaside bars to enjoy your drink looking at the stars and hearing the waves of the sea...
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.