Apartment Complex Arkassa

Available
€1.800.000

This well-established bungalow and apartment complex in the popular village of Arkassa offers an ideal investment in one of Karpathos' most charming areas. Situated on a 7,000 sqm property just 280 meters from the organised Agios Nikolaos Beach, the complex includes 8 bungalows, 2 apartments, and 4 studios, making it a prime destination for tourists looking for a comfortable seaside retreat.

The apartments each feature 2 bedrooms, a bathroom with shower, solar water heater, and a private veranda. The bungalows are 50 sqm each, complete with a bedroom, living room, kitchen, bathroom, air conditioning, internet access, and private gardens. Guests also benefit from on-site parking with space for up to 15 cars. Each studio offers 30 sqm of cozy, well-equipped space.

This 650 sqm complex, built between 1997 and 2002, generates an impressive annual revenue of approximately €140,000. With all units fully furnished and in excellent condition, the property is ready for immediate operation. The grounds are beautifully landscaped with fruit trees, offering a serene setting and potential for further development to add more apartments.

Property Details
  • Living area: 650m²
  • Plot size: 7.000m²
  • Construction year: 1997
  • Bedrooms: 16
  • Bathrooms: 14
  • Energy label: D
  • Arkassa
  • 15min to airport
  • 280m to beach
  • FurnishedPrivate parking spotAir conditioningSolar water heaterInternetElectricity and water
    Beach less than 1kmCity/Village
    BalconyTerraceGarden
Location
Agent Details
Manolis Vathrakokilis
Real Estate Agent (InterCasa)
Website
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