Stone Property (ideal for boutique hotel) in Old Town, Rethymno

A rare investment opportunity to acquire a landmark property in the heart of Rethymno’s historic Old Town. This listed, traditional stone residence spans three levels with a total area of 729.84 sq.m., set on a 434.52 sq.m. plot.

The property features fireplac, verandas and needs total renovation.

Dating back to the late 19th century, the property boasts prominent Ottoman and traditional Cretan architectural features. It uniquely comprises three traditional buildings seamlessly combined into a single, majestic estate, surrounded by finely preserved heritage buildings and narrow historic alleys.

Investment & Development Potential
This three-story heritage property is uniquely suited for a premium hospitality project.

Boutique Hotel Ready: Complete architectural plans are available for its conversion into a luxury Boutique Hotel / Guesthouse.

Capacity: The proposed layout can accommodate 14 fully furnished apartments with a total capacity of 31 beds.

The Location
The Old Town of Rethymno is a living monument of history and culture, world-renowned for its cobblestone alleys, Venetian mansions, and unmatched coastal charm. It stands as one of the most sought-after and high-yield tourism destinations in the Mediterranean.

Key Advantages & Accessibility
The property enjoys a rare, commanding position that ensures ultimate convenience and walkability for guests:

Footsteps from Landmarks: Direct pedestrian access to elite attractions such as the Fortezza Castle and the Venetian Harbor.

Urban Convenience: Located in immediate proximity to Rethymno’s vibrant shopping district, renowned fine dining, cafes, and essential public services.

Car-Free Experience: Guests can fully immerse themselves in the authentic, romantic atmosphere of the city entirely on foot, with no need for a vehicle.