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It is a two-level detached house of 57.75 sq.m., set on a plot of 360.98 sq.m., with a remaining building allowance of 342.25 sq.m. The ground floor consists of an open-plan area with a sitting/living space and an elevated wooden platform, where there is an old fireplace and a bedroom area. Beneath the platform, there are stairs leading to a small kitchen and the bathroom of the house.
The outdoor area of the property consists of a large garden with trees, paved areas, flowers and plants, fencing, and an old wood-fired oven of 4.95 sq.m.
One of the property’s greatest advantages is the large remaining building allowance it offers. It provides many possibilities for conversion into a dream home, a peaceful retreat in the Cretan countryside, or even a residential complex for tourist exploitation.
It is also worth noting that the restoration of the house was carried out in such a way as to preserve its original character. Therefore, the property features a wooden ceiling with large beams, wooden flooring, and visible elements of its stone construction.
Due to its low sale price and the large remaining building allowance it offers, this property is an ideal investment for someone wishing to enjoy peaceful living in an inland village of Rethymno, while at the same time being very close to the popular seaside villages of Panormo and Bali.
The area between Bali and Panormo, on the north coast of Rethymno, is one of the most attractive seaside locations in Crete. It combines beautiful beaches, clear waters, traditional villages and easy access to both Rethymno and Heraklion, making it an ideal choice for holidays, permanent living or investment.
Bali is a picturesque coastal resort built around small protected bays with sandy beaches and calm waters, ideal for families and relaxation. The village offers tavernas, cafés, shops and tourist facilities, while still maintaining a pleasant and peaceful atmosphere.
Panormo is a charming seaside village with a more traditional character, narrow streets, local tavernas, a small harbour and beautiful beaches. It offers a relaxed Cretan lifestyle while being close to all necessary amenities.
The surrounding area is rich in natural beauty, with olive groves, hills, sea views and easy access to nearby villages and beaches. Its location makes it perfect for those who want to enjoy the peaceful side of Crete while remaining within convenient distance of the city of Rethymno, the airport of Heraklion and many popular destinations on the island.
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