Agios Nikolaos, Crete 72100

In the heart of one of Cretes most iconic locations, overlooking the Mirabello Bay and directly connected to the vibrant rhythm of the town, this neoclassical property presents a rare opportunity for those seeking an investment with character and strong potential. The building, constructed in the 1950s, currently offers a total built surface of 227.85 sq.m. and combines timeless architecture with a location that inherently creates value. The property consists of: Ground floor: 100.38 sq.m. (commercial use) First floor: 115.87 sq.m. (residential use) Rooftop room: 11.60 sq.m. The residence on the first floor is bright and dual-aspect, featuring two bedrooms, spacious reception areas, a large living room, and a kitchen, all with access to balconies. At the rear, a small private courtyard offers a sense of tranquility, while an internal staircase leads to the rooftop, where panoramic sea views unfold. Additional building potential: 53.58 sq.m. Investment potential: Conversion into two independent apartments, ideal for short-term rentals Development of boutique hospitality units with distinctive character Option for redevelopment into a new multi-storey building, maximizing return on investment The unique location on a pedestrian street and parallel to the main road combined with unobstructed views of Mirabello Bay, makes this property an exceptional choice for investors seeking high added value. This is not just a is an investment in location, perspective, and experience.