Old Olive Press Property for Sale: Renovation Opportunity with Endless Potential
- Price on Request
Description
A large, sturdy olive press in the centre of a wonderful village, offering an interesting project with the potential for 4/5 bedrooms and a spacious living area. With its authentic architecture and rich heritage, this estate is brimming with character and offers a blank canvas for those looking to restore its timeless charm.
Imagine transforming this unique space into your dream home, blending traditional Cretan elements with modern comforts. Located in one of Crete’s most desirable regions, this property is not just an investment in real estate but also a lifestyle steeped in history and natural beauty.
Old Olive Press Property for Sale in Platanias
This historic olive press property, located in the heart of the picturesque village within the Municipality of Platanias, offers an extraordinary opportunity for those with a vision to create a truly unique home. The property is essentially a large, open space, allowing for complete customization according to the new owner’s preferences.
With ample room, the interior can be configured to accommodate a spacious living area, along with 4 to 5 bedrooms, making it ideal for a large family or those who appreciate generous living spaces.
One of the key advantages of this property is that the roof has already been restored, providing a solid foundation for the renovation work ahead. Essential services, including water and electricity, are readily available at the property, simplifying the process of transforming this historic structure into a modern residence.
While the project is undoubtedly considerable, it offers the potential to create a one-of-a-kind home that harmoniously blends traditional Cretan architecture with contemporary comforts.
Situated in one of Crete’s most sought-after regions, this property is more than just a renovation project; it’s an opportunity to craft a bespoke living space in a location known for its natural beauty, rich history, and vibrant community. Whether you’re looking to create a permanent residence or a stunning holiday retreat, this olive press property offers the perfect canvas for your dream home in an idyllic setting.
Interested? Here are the next steps to get more information and to proceed with our automated deal flow.
1. Request More Information.
Request more information about the property such as its exact location, size, and orientation or request access to the building plan, topographic survey, cross-section plan, etc.
2. Sign a Property Viewing Agreement.
Fill in and sign a Property Viewing Agreement to gain access to all the requested information and to proceed with scheduling a property viewing on-site.
3. Proceed with Your Purchase
If this property suits your needs and budget, you can proceed with the purchase. A Purchase Agreement also allows investors and buyers to customize the interior and exterior design and ancillary infrastructure to their preferences.
Old Olive Press Property for Sale – Documentation
| Ownership Title - Deeds | |
|---|---|
| Topographic Suvey | |
| Plans | |
| Videos & More Photos Available | |
| Property Valuation Report |
| Available | |
|---|---|
| Under Issuance Proceedings | |
| Not Available |
Property Documentation Availability
Our properties for sale have been thoroughly checked for compliance with our stringent listing policy. This means that all required documents are readily available, ensuring a smooth decision-making process.
We are prepared to assist any third party with the necessary checks, facilitating and accelerating the real estate transaction for a seamless experience.
Property Viewing Agreement & GDPR Notice
To share with you the above documents, you must request and sign an official Property Viewing Agreement.
We may process your data based on your consent, for the performance of a contract or as necessary for our legitimate interests, including for responding to your property enquiries following your preferences as further described herein (Art. 6 (1) (a), (b) and (f) GDPR).
Heritage Residence for Sale in Chania’s Old Town: Highlights
- Prime Location: Situated in the heart of a picturesque village in the Municipality of Platanias, one of Crete’s most desirable areas.
- Historic Charm: A unique opportunity to restore a traditional olive press property with authentic Cretan architecture.
- Heritage Charm: Features original stone walls and woodwork, preserving the authentic Cretan architectural style.
- Renovation Potential: Ideal for those looking to restore a historic property and customize it to their vision.
- Flexible Use: Suitable for a private residence, boutique hotel, or upscale apartments, offering versatility in design and function.
- Investment Potential: The strategic location and versatile development options make this plot a highly attractive investment opportunity.
- Unique Market Offering: Rare availability of such a property in the market, enhancing its exclusivity.
- Orientation: North-East
- Customizable Space: A large, open interior offers the flexibility to design a spacious living area and 4 to 5 bedrooms according to your vision.
Location Description
Nestled in the serene and scenic landscape of the Municipality of Platanias, this property enjoys a prime location in one of Crete’s most sought-after regions. Platanias is renowned for its picturesque villages, lush olive groves, and stunning coastal views, offering a perfect blend of natural beauty and cultural richness. The village where the property is located is a charming, traditional settlement that captures the essence of Cretan life, with its narrow streets, historic buildings, and a warm, welcoming community.
The property’s central location in the village provides easy access to local amenities, including shops, cafes, and tavernas, where you can enjoy the best of Cretan cuisine and hospitality.
Despite its peaceful village atmosphere, the property is just a short drive from the bustling town of Chania, known for its vibrant market, Venetian harbor, and historic old town. The beautiful beaches of the Platanias region are also within easy reach, making this location ideal for those who appreciate both the tranquility of village life and the conveniences of modern living.
Whether you are looking to immerse yourself in the local culture, explore the surrounding countryside, or simply relax by the sea, this location offers the perfect base to experience all that Crete has to offer.
Learn more about the area of Platanias, by exploring our Living in Platanias Guide.
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Key Distances & Property Features
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| Closest Beach: 8.0 km | Chania Airport: 44.0 km | Chania Old Town: 30.00 km |
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| Souda Port: 35.0 km | National Road: 7.0 km | Local Amenities: 8.0 km |
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| Restaurant: 6.0 km | Sea Views: Yes | Outdoor Activities: Yes |
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| Utilities Installed: Yes | Fuel Station: 8.0 km | Olive Trees Yes |
Local Attractions & Activities
Restaurants, Playgrounds, Churches, Winery Tours, Water Sports, Swimming, Surf, Kite Surf, Yacht Charter, Safari Tours, Fishing, Sailing, Mountain Biking, Dive, Wind Surfing, Daily Cruise, Sailing, Extreme Sports, Diving Centers.
Local Services & Amenities
Chania City Bus Service, Airport & Port Bus Service.
Property Buyers Expenses
| TYPE | COST |
|---|---|
| Notary Fees (all notary expenses included) | 1 - 1,5% (plus VAT) of property value |
| Transfer Tax | 3% of property value |
| Municipal Tax | 3% of the Transfer Tax |
| Land Registry Fee | 0,5% |
| Cadastre Fee | 0,65% (plus VAT) of property value |
| Legal & Technical Due Diligence | Expenses vary according to the complexity of the research and the value of the property |
| Technical Due Diligence | Varies in respect to the property aspects |
Median Sale Price:
Return on Investment: High
Properties in this area often yield an annual rental return of approximately 7% to 11%. This is driven by the area’s high demand for renovation projects and the tourism investment potential. Given the unique historical charm and prime location of this property, it stands to benefit from the increased desirability, potentially achieving returns on the higher end of this range.
*Median price and number of sales data refer to properties of similar size and type in the area sold by ARENCORES and other real estate offices of trust.
For more detailed information about Akrotiri property asking prices, real estate market facts and statistics you can visit My Place in Chania or Datanalytika.
Striving for Something Higher
Dive into Greek Real Estate Data Sources and Research (REDS), an encompassing resource delving into the intricate nuances of Greek Property Law, Property Ownership, Real Estate Rights, and the Hellenic Cadastre registration process.
This comprehensive guide not only elucidates these fundamental concepts but also addresses crucial gaps in understanding associated liabilities for buyers, sellers, and real estate investors, offering insightful paradigms and invaluable tips.
Details
Updated on February 10, 2025 at 2:21 pm-
Property ID OM0044
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Property Size 234 sq.m.
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Land Area 3500 sq.m.
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Property Type Chania Selected Properties for Sale, Other Properties
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Property Status For Sale
Additional details
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High Return of Invesment Potential Yes
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Low Noise Traffic Location Yes
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Orientation North-East
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Size 234.00 sq.m.
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Views Sea and White Mountain Views
Address
Open on Google Maps-
Address: Platanias
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City: Platanias
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State/county: Chania
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Zip/Postal Code: 73014
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Area: Platanias
Floor Plans
- Size: 687 kb
Description:
To access the Building plans or any other information available in the property's folder, please request and sign a Property Viewing Agreement. Additionally, you will need to provide a copy of your valid ID or passport. This ensures that all necessary protocols are followed and that the property information is shared securely and responsibly.
Energy Class
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Energetic class: E
- A+
- A
- B
- C
- D
- | Energy class EE
- F
- G
- H
Overview
- OM0044
- Chania Selected Properties for Sale, Other Properties
- 234 sq.m.
- 3500 sq.m.
