Investment Apartment Complex for Sale in Kounoupidiana, Akrotiri, Chania

The property consists of a complex of four apartments with a total surface area of 504 sq.m., plus an additional basement space of 75 sq.m., built on a 1,700 sq.m. plot in the center of Kounoupidiana, Akrotiri.

Although the building requires renovation, it has been constructed to high standards and offers excellent investment potential. Each apartment includes its own private storage or utility space, while there is also the possibility of adding a communal swimming pool, further enhancing the property’s value and appeal.

The property can be utilized as a unified investment for tourist exploitation or short-term and long-term rentals. Alternatively, the apartments can be sold individually to separate buyers.

Layout Details

Basement – Apartment 52 sq.m.

1 bedroom

Living room

Kitchen

Bathroom

Direct access to the yard

Private storage/utility space

Elevated Ground Floor – 2 Apartments × 126 sq.m. (252 sq.m. total)

Each apartment includes:

3 bedrooms, each with its own veranda

Spacious living room

Kitchen

Bathroom

Guest WC

Large verandas

Private storage/utility space

First Floor – Apartment 200 sq.m.

3 bedrooms and 1 office room, which can also serve as a children’s room or an additional bedroom

Living room and sitting area

Kitchen

Large balconies with partial sea views

Private storage/utility space

Basement Area – 75 sq.m.

2 automatic garage doors

Can be used as enclosed parking, storage space or converted into a SPA or gym

Outdoor Areas

1,700 sq.m. plot

Spacious common areas

Potential for the creation of a garden and playground

Provision for a communal swimming pool

Parking spaces

Location – Kounoupidiana, Akrotiri

Kounoupidiana is one of the most vibrant and modern areas of Chania, mainly due to the presence of the Technical University of Crete and the continuously increasing demand for housing from students, families and tourists.

The area provides:

Supermarkets, including Sklavenitis, Chalkiadakis and SYNKA

Banks, medical centers and pharmacies

Cafés, tavernas and pastry shops

Schools and kindergartens

Key Distances

Technical University of Crete: 500 m

Chania City Center: 6 km

Souda Port: 9 km

Chania International Airport: 8 km

Kalathas Beach: 2 km

Stavros Beach: 8 km

Marathi – Loutraki Beaches: 10 km

Conclusion

The complex, with a total surface area of 579 sq.m., comprising 504 sq.m. of apartments and an additional 75 sq.m. basement space, is built on a 1,700 sq.m. plot and represents an excellent investment opportunity in one of Akrotiri’s most sought-after areas.

Following renovation, the utilization of each apartment’s private storage space and the potential addition of a communal swimming pool could significantly increase the property’s market value.

The property is ideal for:

Tourist exploitation through short-term rentals or the creation of a holiday complex

Long-term rentals, benefiting from the high demand among students and families

Individual sale of the apartments to separate buyers

Price: €880,000

Contact us today for more information or to schedule a private viewing.

Contact Details

Mariana Momekova
Contact phone:
+306978513120
+30 2821220220
email: m.momekova@kwcec.gr
website:www.kwcec.gr