This exceptional property consists of two independent whole floor apartments, one on the elevated ground floor and one on the top floor. The apartments have a total area of 232sqm and are built on a plot with a size of 1,046 sqm.
Surrounding Areas
The property benefits from a prime location with unobstructed views of the sea and Souda Bay. Around the plot there are landscaped gardens with mature trees and flowers. On the north side we meet the pool area and a terrace covered with a pergola. The property also offers two covered parking spaces.
Elevated ground floor apartment (132sqm)
On the elevated ground floor we find the first apartment which has an area of 132sqm and consists of an open plan kitchen-living room, three bedrooms and the master bathroom. Along the open plan area large sliding doors lead to the large covered terrace (27sqm). This area, overlooking the sea and the sunset, is ideal for relaxation and alfresco meals. All bedrooms are spacious, sunny and feature floor to ceiling wardrobes. The master bedroom is ensuite with nice sea views. On the south side of the apartment there is a door leading to the backyard. Here we find a spacious laundry room. Next to it we meet the storage room where there is the installation of central heating and a water tank. On the west side, next to the kitchen, there is a second spacious terrace (20sqm), that currently is used as an exterior dining area.
Top Floor Apartment (100sqm)
The top floor apartment has about the same layout. Upon entering we meet a large open space that includes the sitting, dining, kitchen area. Large windows along the space give access to the large covered terrace (25 sqm) with magnificent unobstructed sea views. From the kitchen a door leads to a second terrace (8sqm) with great sunset views. In the open space there is a wood stove and a bathroom with shower. A small hall leads to the three bedrooms of the apartment. All bedrooms feature floor to ceiling wardrobes and air-conditions. The superb master bedroom features an ensuite bathroom with bathtub and has access to a cozy terrace with views to the garden and the green scenery.
Plot - Right to Built
According to the building regulations the plot has a building right of 400sqm in total, therefore someone could built additionally 162sqm.
Location
Plaka is an amphitheatrically built traditional village of the municipality of Apokoronas at an altitude of 90m with a wonderful view of the bay of Souda. Many decades ago or Plaka was a popular summer destination for the inhabitants of Chania. From 1995 onwards, mainly due to the beautiful sea view, it underwent a great reconstruction with the result that today there are many luxury homes and tourist accommodation in the wider area. In the settlement of Plaka today there are many restaurants, mini markets and generally everything you need for your daily needs. The nearest beach is that of Almyrida just 1.5 km away while Chania is about 24 km or about 25 minutes drive.
Rental Income
The property due to its location and special characteristics is ideal for holiday rental. According to our conservative estimations the annual gross rental yield of the property is over 5%. If you want further information please ask for the detailed Return on Investment Report that we have prepared for the property.