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1 / 1 Commercial Space for sale in Chania

Commercial Space for sale in Chania

Chania
For Sale

Objektdetails

Specifications
Property Type
Business
Property Size
1,722 m²
Location & reference
Prefecture
Chania
Municipality
Chania
Ref No.
06-420

Beschreibung

Commercial Space for sale in Chania.


Excellent commercial space for sale in Chania, presenting a lucrative investment opportunity. This three-sided property, spread over two levels, offers a total floor area of 1,722 square meters. The ground floor encompasses 861 square meters, while the first floor matches it in size. Ideally located in a central area, this property boasts high visibility and foot traffic, making it an ideal choice for establishing a successful business.

Currently, both parts of the property are already rented out, ensuring immediate revenue for the new owner. There are two separate rental contracts in place, one of which expires in 2028 and the other in 2029. The monthly rental price is €8,500, generating an annual income of €102,000, providing a solid 5% return on investment. This property presents an excellent opportunity for a smart and efficient investment move in one of the busiest streets of Chania.

The property holds a strategic position in an area known for its commercial significance, with numerous businesses and shops attracting a large number of locals and tourists alike. Souda Avenue specifically is a bustling street, offering a vibrant mix of restaurants, retail establishments, and offices, making it a prime location for commercial ventures. With its central location and proximity to key amenities, Souda Avenue is an attractive area for businesses looking to flourish in Chania.

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