Beachfront Apartment Complex for sale

Property type: Home
ID: BB200
Land Area:318m²
Built Area:305m²

Investment Property in Nopigia for sale. These are three two-story Buildings, each one with an independent entrance. Each Building consists of two apartments (ground floor and 1st floor). All apartments have a similar layout and consist of an open plan kitchen- living area, two bedrooms and a bathroom. Also, all apartments have balconies overlooking the sea.

The plot on which the property is built has an area of 318 sq.m. The Complex has a north orientation with direct access to the beach and a total area of 305 sq.m  which is distributed among the three Buildings as follows:

  • Building (1) – East: 103.76 sq.m, where each floor is approximately 52 sq.m
  • Building (2) – Middle: 103.92 sq.m, where each floor is approximately 52 s.qm
  • Building (3) – West: 97.52 sq.m, where each floor is approximately 49 sq.m

Undoubtedly, this is a very good investment proposal that combines two very quality features:

  • the direct return on the capital that will be invested through the tourism operation 
  • as well as the creation of goodwill and therefore an increased price in case of future resale.

With a conservative estimate of the possible operating income, including the cost of a necessary renovation of the building, the annual yield of the property from the tourist exploitation exceeds 8%.

Nopigia is a quiet seaside village at the beginning of the Rhodope peninsula, about 30 km west of Chania. Along the settlement there is a long sandy beach with relatively shallow waters. The nearest town is Kissamos (Kasteli) at 6.5 km, where there is a large organized market, banks, pharmacies, restaurants, etc. Nopigia is one of the rapidly developing tourist areas as it combines the natural beauty, easy access via the national road and the proximity to the sea and the beach.



Location: Nopigia

Points of Interest

City of Chania32,9km
Chania Airport46,2km
Souda Harbour (Chania)38,4km
Chania Hospital31,9km
Venetian Harbor33,3km





Cost and Taxes

Asking Price530,000€
Real Estate transfer tax16,377€
Value added tax-
Estimated total ammount for taxes16,377€
Estimated Realtor 's commission13,144€
Estimated Notary 's Fees9,858€
Estimated Attorney 's Fees (optional)9,858€
Total amount for fees (VAT is included)32,860€
Land Registry3,180€
Closing costs-
Total potential expenses3,180€
Estimated Total Buying Cost

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Beachfront Apartment Complex | ID: BB200

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