2240 €/sq.m.
A detached apartment building comprising 6 fully furnished units, situated on a 370 sq.m. plot at the edge of the traditional village of Afandou, along the old Rhodes–Lindos road. The property consists of two floors with a total of six apartments, including four apartments of 49 sq.m. each and two studios of 29 sq.m. each. All units are currently rented, generating a steady monthly income of €2,000, while offering excellent potential for significantly higher returns through short-term holiday rentals. The building is conveniently located just 300 meters from the village square, within walking distance of supermarkets, restaurants, cafés, and all essential amenities. Afandou is a vibrant seaside village with approximately 6,000 permanent residents and strong tourist activity throughout the year. Its strategic location places it only 20 km from Rhodes Town, 6 km from the popular resort of Faliraki, 2 km from Kolymbia, and just 3 km from the renowned Tsambika Beach. Combining immediate rental income, strong tourism demand, and an excellent location in one of Rhodes’ most sought-after areas, this property represents an outstanding investment opportunity with substantial growth potential.
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