Building, 322 m² · Heraclion Cretes

HERAKLION – Lofoupoli | Three-Level Residential Building 322 sq.m. on a 4,565 sq.m. Plot A unique investment opportunity in Lofoupoli, Heraklion, comprising a three-level residential building with a total surface area of 322 sq.m., situated on a large, legally buildable plot of 4,565 sq.m. with a 47-meter frontage onto a designated road. The property offers exceptional privacy, abundant natural light, spacious outdoor areas and unobstructed panoramic views. The building was constructed in 1988 and renovated in 2004. It consists of three independent residential units, offering excellent flexibility for private use, multi-generational living or investment purposes. Each level has its own heating system with oil-fired central heating, while the property also features air conditioning, aluminum frames with double glazing, tiled floors, built-in wardrobes, security doors, large balconies and terraces, a private garden, storage space and parking for at least three vehicles. The semi-basement level, measuring approximately 128 sq.m., is currently an unfinished open-plan space in the structural frame stage. Due to the natural slope of the land, its front side is effectively at ground-floor level, providing direct access to the garden. This level can be configured as a large independent apartment, offering significant potential for additional living space or investment use. The raised ground floor is an independent apartment of approximately 96 sq.m., comprising three bedrooms, a spacious living room with an open-plan kitchen, one bathroom and one WC. It benefits from generous outdoor areas, including balconies and semi-outdoor spaces. The first floor is another independent apartment of approximately 96 sq.m., with an identical layout to the ground-floor residence. It comprises three bedrooms, a spacious living room with an open-plan kitchen, one bathroom and one WC, together with large and comfortable outdoor areas including terraces, balconies and semi-outdoor spaces. The first-floor residence has been constructed using prefabricated dry construction, while the ground-floor and semi-basement levels are built with reinforced concrete of excellent specifications and brick masonry. The property includes a private parking area for three cars, a storage room and a landscaped garden. The total outdoor balcony and terrace areas reach approximately 78 sq.m., providing ample space for relaxation and entertaining while enjoying the unobstructed views. With its substantial plot, three independent residential units, flexible semi-basement space, large outdoor areas and excellent accessibility, the property presents considerable investment potential. It can be utilized as a private residence, a multi-unit family property, long-term rental investment or professional accommodation, subject to the applicable regulations. The property is located in a quiet residential area of Lofoupoli, offering easy access to Heraklion and the surrounding areas while maintaining a peaceful residential environment. Its combination of land size, existing construction, independent units, panoramic views, garden and development potential makes it an attractive proposition for both residential and investment purposes. Ref. 25079-Z