9F8H+QVG, Rethimno, Greece, Crete, Greece. - Hero Image
9F8H+QVG
Rethimno | Crete

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Salivourakis Marios
Salivourakis Marios
Presented At
€2,233,000
Living
2,821
SQM
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9F8H+QVG, Rethimno, Greece, Crete, Greece. , Rethimno , Crete

Residential Building For sale in Rethimno 262 sq.m. €2.233.000

For Sale: Corner Stone Building with Stunning Sea Views in Rethymno – A Prime Investment Opportunity

Located in the heart of Rethymno’s most vibrant tourist area, just 30 meters from the beach, this remarkable stone building offers a total area of 262 sq.m. with breathtaking views of the picturesque harbor and the crystal-clear sea.

Property Breakdown
Ground Floor (114 sq.m.):
Shop 1: 24 sq.m.
Shop 2: 61 sq.m.

Entrance to residence & storage spaces: 16 sq.m.
Storage room: 13 sq.m.

First Floor (116 sq.m.):
A spacious floor ideal for residential or commercial use, offering endless potential for customization.

Second Floor (29 sq.m.):
A smaller yet functional space connected to the first floor via an internal staircase.

Additional Features:
-Large balcony (40 sq.m.) on the first floor with uninterrupted sea views.
-Roof terrace on the top floor, perfect for creating a relaxing or entertaining outdoor space.
-Investment Potential.

This property’s prime location, just steps away from the beach and the bustling tourist center, makes it ideal for various commercial purposes, such as:

Restaurants, cafes, or bars.
-Boutique accommodations or rental apartments.
-Retail shops or office spaces.

The traditional stone construction, combined with its strategic position near the sea, ensures high investment returns for any business endeavor.

A Rare Opportunity
This is a unique chance to own a property in one of Rethymno’s most sought-after areas, offering both charm and potential for significant growth.

Contact us for more information and to schedule a viewing!

Price: €2.233.000. Keller Williams Cretan Properties, contact phone: [hidden information], email: [hidden information], website: [hidden information]

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Map showing 9F8H+QVG, Rethimno, Greece, Crete, Greece.

Property Location

9F8H+QVG, Rethimno, Greece, Crete, Greece., Rethimno Crete

Local Weather & Climate

Rethimno, Crete

Current Conditions Updated recently
58 °F
Light rain
Feels Like 57°F
Humidity 66%
Wind 9 mph
Visibility 6.2 mi
Sunrise 4:30 AM
Sunset 4:30 PM
5-Day Forecast
Tue 17 Mar
Clouds
High 59°
Low 53°
Wed 18 Mar
Rain
High 63°
Low 51°
Thu 19 Mar
Rain
High 54°
Low 52°
Fri 20 Mar
Rain
High 53°
Low 50°
Sat 21 Mar
Rain
High 53°
Low 50°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Rethimno?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

Ready to explore financing?

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Rethimno. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $223,300,000 20% down ($44,660,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$19,188
$19,188/day
Your home may appreciate while you sleep
$134,686/week $583,639/mo $7,003,663/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$122.9M
vs
OWN 📈 +$174.3M
$174.3M Potential Equity
vs $122.9M lost to rent over 10 years
$44.7M Down Payment Growth
3.9x
10yr
$174.3M
8.1x
20yr
$360.9M
12.6x
30yr
$564.0M
Wealth Comparison
×1,343
Equivalent to 1,343 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $564.0M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $263.0M +18%
Market $304.1M +36%
Optimistic $350.9M +57%
$174.3M est. equity
20 Years
Conservative $309.7M +39%
Market $414.1M +85%
Optimistic $551.5M +147%
$360.9M est. equity
30 Years
Conservative $364.7M +63%
Market $564.0M +153%
Optimistic $866.6M +288%
$564.0M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This property offers 2,821 square feet of living space.
This property is listed at $223,300,000, which equals $79156 per square foot.
Based on current market indicators, Rethimno shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a other located in Rethimno, Crete. The property is situated in an established neighborhood with convenient access to local amenities and services.
Salivourakis Marios

Salivourakis Marios

Keller Williams Cretan Properties

License #1522444

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Keller Williams Cretan Properties

Keller Williams Cretan Properties

Keller Williams Cretan Properties

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