Two Storey Industrial Building with Basement (VIOPA)
Description
This strategically located industrial building offers exceptional potential for both single and multi-tenant occupancy, making it an ideal investment for an investor or owner/user.
This rare opportunity allows a new owner to capitalize on a highly adaptable industrial or commercial asset situated in a prominent location with strong market fundamentals. The building’s flexibility and prime positioning provide an excellent foundation for various business ventures, ensuring sustained value and growth.
Two-story industrial building with basement in the Industrial District of Chania (VIOPA), very close to Souda harbor and just 5 km away from the city of Chania.
The property is located in a strategic position, only 200 meters from the National Road that connects Chania City with Rethymnon and close to all necessary amenities and services such as supermarkets, shops, and cafes. In addition, it has excellent access to the neighbouring communities. Internally the large open-plan space provides flexibility in terms of layout options and future design.
The building was constructed in 2000 at the highest engineering and structural standards. The property comprises a combination of industrial buildings, including a workshop, office space, external yard space, and a separate car park/yard. The basement consists of parking and storage spaces. Externally, the premises benefit from dedicated car parking space, with access to further visitors’ spaces.
The area of the ground floor is 91.35 sqm (approx.), the mezzanine level 91.35 sqm, two offices of 9.00 sq.m each, the covered backyard area of 463.61 sq.m, and the 1st floor 91.35 sqm.
A distinguishing feature of this property is the option to divide the lower- and upper-level spaces into two units. With a multi-unit building, new ownership can capitalize on operational adaptability for more diverse business models.
Strategically Located Two-Story Industrial Building with Basement in Chania’s Industrial District (VIOPA)
A two-story building allows for clear delineation between different business functions. The first floor could be utilized for retail or customer-facing functionalities, while the second floor could serve as office or storage space. This separation can facilitate better organization and workflow, leading to increased productivity. In areas where land is expensive or limited, a two-story structure allows for better utilization of the plot. You can achieve twice the usable square footage without expanding the building’s footprint.
Positioned in an area with several entrepreneurs and creatives, providing elevated levels of unique business formation and self-employment.
The building is vacant and is considered an appealing investment opportunity.
Two Storey Industrial Building with Basement (VIOPA) – Documentation
| Ownership Title - Deeds | |
|---|---|
| Recent Buidling Plan | |
| Energy Class Certificate | |
| 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).
Highlights
- Property Type: Industrial
- LOcation: Chania’s Industrial District (VIOPA)
- Total Living Spaces Area: 303.00 sq.m +91.00 sq.m. Basement Facilities
- Plot Size: 1010 sq.m.
- Levels: 3
- Construction Year: 2000
- Views: Sea (Souda Bay) and Mountain Views
- Orientation: North
- High Visibility Location
Location Description
The asset has an easily accessible location between the highly trafficked New National Road that connects the City of Chania with Souda Port and Rethymnon City. This is in an excellent location in the prominent Industrial Park, a heavily concentrated research and development hub just outside of Chania.
The surrounding area outside the industrial and research development node is heavily suburban. The intersection of the National Road alongside the proximity to Chania City, the Souda Port, and Chania International Airport makes this a popular submarket for logistic facilities. This submarket continues to show impressive statistics with a modest 2.5% vacancy rate.
This asset presents a rare flexible industrial opportunity for a new investor to capitalize on thriving market fundamentals or for a new owner/occupant to utilize nearby business synergies to bolster their business in a thriving industrial landscape and a rapidly growing market.
Learn more about the city of Chania, by exploring our Living In Chania Guide.
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Key Distances & Property Features
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| Closest Beach: 5.8 km | Chania Airport: 14.0 km | Chania Old Town: 7.0 km |
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| Souda Port: 2.5 km | National Road: 0.5 km | Local Amenities: 1.5 km |
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| Restaurant: 1.5 km | Sea Views: Yes | Outdoor Activities: No |
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| Utilities Installed: Yes | Fuel Station: 3.0 km | Garden: Yes |
Local Attractions & Activities
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Local Services & Amenities
Bank/ATM, Post Office, Gas Station, Chania 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 |
Property Buyers Expenses
Median Sale Price: 700k
Property ROI: Medium
Our findings show that investing in industrial properties in the Prefecture of Chania over the past 10 years would have resulted in a remarkable annual return on investment of 9.8%.
*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.
REDS
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.
Property Documents
Details
Updated on June 14, 2024 at 8:01 am- Property ID: ITA1222
- Price: €900,000
- Property Size: 303 sq.m.
- Land Area: 1010
- Bathrooms: 2
- Year Built: 2000
- Property Type: Chania Selected Properties for Sale, Comercial - Industrial Property
- Property Status: For Sale
Additional details
- Zone: Industrial
- Property Return of Investment: Medium
- Checked Property : Yes
- Frontage width: >10m
- District: Industrial District of Chania (VIOPA)
Address
Open on Google Maps- Address Chania's Industrial District (VIOPA)
- City Tsikalaria
- State/county Chania
- Zip/Postal Code 73200
- Area Chania, Souda
Floor Plans
- Size: 687 kb
Description:
To access the Floor Plans, Cross-Section 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
- Energetic class: H
- Global Energy Performance Index:
- Energy performance of the building: 50%
- EPC Current Rating: 21
- EPC Potential Rating: 68
- A+
- A
- B
- C
- D
- E
- F
- G
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| Energy class HH
Overview
- ITA1222
- Chania Selected Properties for Sale, Comercial - Industrial Property
- 303
- 1010
- 2000
