Investment Opportunity in Moires: Two-Story Detached House (240 sq.m.)

An exceptional two-story detached house with a total area of ​​240 sq.m. is available for sale in a central yet quiet location in Moires, Southern Crete. The property includes a 40 sq.m. courtyard and represents a prime investment opportunity, offering an immediate return and guaranteed income from day one.
Property Structure & Layout
The property spans two independent levels (120 sq.m. each), offering flexibility of use:
• 1st Floor (120 sq.m.) – Investment Studios (Year of Construction: 1970):
• Condition: Fully configured into 4 independent studios (efficiency apartments) with balconies.
• Immediate Return: All studios are currently rented out, ensuring a steady monthly income for the new owner from the day of purchase.
• Ground Floor (120 sq.m.) – Traditional Residence (Year of Construction: 1960):
• Character: Authentic stone construction offering excellent natural insulation and classic Cretan charm. • Condition: Currently unfinished, offering the buyer the tremendous advantage of completing and customizing the space exactly as desired (based on a layout featuring 3 bedrooms, a living room, and a kitchen).
• Outdoor space: Features direct access to a private 40 sq.m. courtyard.
Location: Moires, the Hub of Messara
Moires is the largest commercial, administrative, and economic center of Southern Crete. The property is strategically located, offering easy walking access to services, schools, shops, and the Health Center, while being just 10–15 minutes away from the area’s famous beaches (Matala, Kalamaki, Kokkinos Pyrgos).
Why is this a smart investment?
Priced at €350,000, this property combines the best of both worlds: the security of a steady, active income stream from the first floor and the opportunity to create a beautiful stone residence—or additional investment apartments—on the ground floor, tailored to your specific needs.
Key Features:
• Total area: 240 sq.m. (120 sq.m. ground floor + 120 sq.m. upper floor)
• Courtyard: 40 sq.m.
• Condition: Ground floor unfinished / Upper floor rented