House in Ag. Ioannis

On the ground, is found a 320 sq.m. house under construction. The house includes one ground floor with 4 studios. This level is finished and the studios are rented to students. Each studio brings about 250 € every month.
The first level is a 159 sq.m. apartment under construction.
The ground is out of the urban zone and is thus not constructible. The building which is there was built without licence. For this reason, the purchaser can’t obtain a bank loan to buy it.
The ground around the house is a small and very pleasant garden, with trees and grass, and overhanging all the town of Héraklion. The panoramic view extends to the sea.