A modern and fully operational 4-star hotel is available for long-term lease with a purchase option in a prime location within the greater Rethymno area of Crete.The property represents a comprehensive hospitality investment opportunity, combining an existing hotel operation, recently renovated facilities, strong tourism positioning and significant potential for further value creation.The hotel has been developed in an amphitheatrical layout and benefits from unobstructed panoramic views of the Cretan Sea and the Venetian Fortezza Castle, providing a strong commercial advantage and supporting further premium positioning of the hospitality product.Key Property Features- 4-star hotel- Greater Rethymno area, Crete- Land plot of approximately 2,000 sq.m.- 70 rooms and apartments- Average room size of approximately 25 sq.m.- Renovated in 2025- Panoramic sea views from all rooms- Outdoor swimming pool- Restaurant and bar- Gym- Multipurpose room- Private parking- Landscaped outdoor areas- Fully furnished and equipped accommodation- Long-term lease with purchase optionAccommodation MixThe hotel offers a diversified accommodation mix, including Superior Studios with sea views and private pools, Superior Sea View Apartments, Superior Studios with direct or side sea views, as well as Deluxe Apartments with spa baths.This variety allows the operator to implement a multi-segment pricing and revenue strategy, targeting couples, leisure travellers, families and higher-spending guests.Investment HighlightsThe recent 2025 renovation significantly reduces the requirement for substantial initial renovation CAPEX and allows the incoming operator to take over a modern, fully functioning hospitality asset.The 70-key capacity provides sufficient scale for professional hotel operations and efficient management, while the panoramic sea views create opportunities for premium room categories and enhanced average daily rates.There is also potential to explore the acquisition of neighbouring land plots, which may create additional opportunities for expansion, redevelopment or further enhancement of the overall hospitality product, subject to all applicable planning and licensing approvals.The existing asset also offers potential for further repositioning and active asset management through increased ADR, improved RevPAR, stronger direct booking channels, development of premium accommodation categories, growth in ancillary revenues, optimisation of food and beverage operations, extension of the operating season and overall improvement of the EBITDA margin.An additional investment advantage is that, according to the available information, approximately €1.5 million remains available under a development incentive programme related to the project. The exact terms, eligibility and transferability or utilisation by a new investor are subject to financial and legal due diligence.Transaction StructureThe proposed transaction is structured as a long-term lease with a purchase option.This structure allows an investor or hotel operator to obtain operational control of the property without requiring the full capital commitment for an outright acquisition from the outset, while retaining the possibility of acquiring the property at a later stage.The lease duration, rental terms, purchase-option period, acquisition price and other commercial terms are available to qualified parties following the expression of serious investment interest.The opportunity may be suitable for hotel operators, hospitality investment groups, family offices, private investors, real estate investment companies and tourism-focused investment funds seeking either a stand-alone hospitality asset or a strategic addition to a broader portfolio in Crete.Further financial information, operating history, lease terms, purchase-option details, licensing documentation and technical data are available to qualified investors upon request and subject to appropriate confidentiality arrangements.All information is subject to legal, technical, financial and commercial due diligence.Property ID: 4524Disclaimer: The images used in this listing are for illustrative purposes only and do not depict the actual property. RE/MAX Real www.remaxreal.gr Remax real 1: Heraklion, Crete, Sofokli Venizelou Avenue 107-109, 71303 Phone: +30 2810370598 Mobile: +30 6981465554 Email: info@remaxreal.gr Remax real 2: Agios Nikolaos , Themistokleous 6 , 72100 Phone: 2841181240 Mobile: +30 6981465554 Email: agiosnikolaos@remaxreal.gr We are at your disposal for any additional information and to schedule a visit to the property. Contact us today to find the property you have always dreamed of!