Crete, Greece

2-bedroom penthouse for sale

2 Bed 87 m² Ref. ER-GRC-3317

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AI-Score

EstateRadar KI-Zusammenfassung

This 2-bedroom penthouse in Crete is asking €415,000, falling 9.65% below the area median of €5,280/m² (this property at €4,770/m²). The preliminary estimate range is €413,527–€549,266 based on 12 comparables, with Medium confidence. The asking price sits near the lower bound of the estimated range, suggesting fair positioning relative to recent comparable sales in the area.

Below area medianMedium confidenceBeachfront locationRental yield potential

Why EstateRadar AI picked this

Asking price €4,770/m² is approximately 10% below the area median, potentially offering value in a waterfront setting

Gross yield of 5.7% and B-grade investment rating indicate moderate rental income potential for a coastal property

Medium confidence based on 12 comparable sales; preliminary estimate range of €413,527–€549,266 provides context but not certainty

Überblick

Innenfläche

87 m²

Schlafzimmer

Referenz

ER-GRC-3317

Investitionsanalyse

Miete/Monat€1,971

Miete/Jahr€23,655

Expenses (annual)€6,623

Nettoeinkommen€17,032

ROI

5.7%

Rendite

5.7%

Amortisation

24.4y

EstateRadar vorläufige Schätzung

Estimated value range

€413,527 – €549,266

Confidence: Medium · 68%12 comparables

Median der Gegend€5,280/m²

Diese Immobilie€4,770/m²

vs area median9.7% below

EstateRadar preliminary estimate · sources: EstateRadar listings · 2026-08-01. Based on comparable asking prices, not official transaction data. Not a valuation by a licensed surveyor.

Verhandlungsanalyse

Room to negotiate

~2.1%

Recommended offer

€406,000

Deal probability

Low 20%

2 days on market · asking is 9.7% below our AI valuation. Estimate only — not financial advice.

Umgebung

· AI area estimate

Walk

Schools

Quiet

Sea

Lage

· approximate area

Beschreibung

This 2-bedroom penthouse is located west of Crete in the Chania region, just 15 minutes from the city centre. Positioned on a beachfront with direct access to the sand, it offers magnificent views of the Mediterranean Sea and surrounding mountains. The property features contemporary design with local materials and enjoys the amenities of a well-landscaped residential setting with communal facilities including a themed pool and lush gardens.

Angeboten von 1 Island Estates

EstateRadar is a technology platform, not an agency. This listing is handled by 1 Island Estates.