Investment Opportunity in the Heart of Rethymno Old Town

Located on one of the most popular and commercial streets in the heart of Rethymno’s Old Town, this hotel property offers an excellent investment opportunity in one of Crete’s most sought-after tourist destinations.

The property has a total surface area of 852 sq.m. and extends over the first and second floors of the building. It comprises 32 guest rooms, all featuring private en-suite bathrooms. Several rooms on the first floor have access to spacious terraces, while rooms on the second floor benefit from private balconies. All rooms are bright, airy, and enjoy plenty of natural light.

The hotel also includes a reception area, a comfortable lounge and breakfast area, an office, a kitchen for meal preparation, and two additional shared bathrooms with showers.

A standout feature of the property is its rooftop terrace, which offers beautiful sea views and presents the potential to be transformed into an impressive roof garden or rooftop lounge, significantly enhancing the guest experience and adding value to the business.

Although the property requires renovation, it provides a unique opportunity for investors and hospitality professionals to redesign and upgrade the hotel according to modern standards and market demands.

With its prime location in a high-demand tourist area, strong commercial visibility, and significant development potential, this property represents an exceptional investment opportunity in the thriving tourism market of Rethymno.