Agia Gallini Phaedra - €950,000

In the vibrant center of Agia Galini, just steps from the harbor and overlooking the lively Agora Street, these two buildings offer a rare investment opportunity combining commercial and residential potential.

The property of two buildings, across from each other, that complement each other with a strong selling point for investors who may want both. But also with the option of individual sale.

Property A - Mixed-Use Buildings (Approx. 300sq.m.)

On the Ground floor of 100m2:
An excellent opportunity to acquire a well-known restaurant located in the heart of the famous Taverna Street. Operating successfully since 1996, this business has built a strong reputation and loyal clientele, making it a trusted name in the local dining scene. 

The property measures 100sq.m and offers a welcoming and functional layout, ideal for both indoor and outdoor dining. Its premium position ensures high visibility and steady foot traffic all year round. This is a rare chance to take over a thriving business with decades of proven success in one of the most sought-after locations.
The property is sold with all equipment and furnishes, ready for operation.

On the First Floor of 100m2:
A spacious two bedroom apartment with balcony views of Agora Street and side sea views of the harbor.

The property comprises of:
• Open space of a large fully equipped kitchen, dining area and living area
• Double bedroom with fitted wardrobes
• Spacious bathroom with a bathtub
• Large bedroom with two single beds and wardrobes
• Storage room
• Plus additional entrance of the upper street

Additional information
• central heating
• solar for hot water
• awnings
• furnished 

On the Second Floor of 100m2:
A spacious two bedroom apartment with balcony views of Agora Street and side sea views of the harbor.
The property comprises of
• Open space of a large fully equipped kitchen, dining area and living area
• Βedroom with wardrobes and patio doors to the balcony
• Spacious bathroom with a bathtub
• Bedroom with fitted wardrobes and patio doors to the balcony

Additional information
• central heating
• solar for hot water
• air-condition units
• awnings
• lovely stone walls features

Property B - Commercial & Residential Building (Approx. 150sq.m.)

• Ground Floor (38sq.m.): Currently operating as a delicatessen.
• Basement (38sq.m.): Storage space.
• First Floor (35sq.m.): Living area, currently used for staff accommodation.
• Second Floor (35sq.m.): Additional living area currently used for staff accommodation with balcony.

Key Advantages:
• Prime location in the heart of Agia Galini
• Two buildings opposite each other, allowing multiple business and residential uses
• Immediate income potential from existing restaurant and delicatessen
• Traditional features combined with modern amenities
• Suitable for investors seeking commercial returns and/or private residences

A rare chance to acquire two versatile properties in one of Crete's most charming seaside villages.

This unique property combines commercial potential with comfortable living spaces, making it an excellent choice for investors or those seeking a home with income opportunities in one of Crete's most charming seaside villages.

The property can be sold as a business with two residences, with the following breakdown:

Property A
Ground Floor of 100m2 restaurant: 400,000€
First Floor Residence 100m2: 220,000€
Second Floor Residence 100m2: 220,000€

Property B
Basement 38m2
Shop of 38m2,
1st floor 35m2
2nd floor 35m2 for the price of 250.000euros

Overall Asking Price (two buildings + business): 950,000€

THE AREA

Agia Galini is part of the Rethymno region and is approximately 52km from Rethymno. This picturesque village it offers stunning panoramic views of the sea and the surrounding countryside, since it is perched on the side of a hill. 

This small town combines natural beauty, peaceful atmosphere and many local amenities such as tavernas, bars, cafes and restaurants.