#Rethymno #Old_Town #ForSale Detached house – 700 sq.m. Price: €680,000 In the Old Town of Rethymno, a preserved Renaissance city, this three-level detached house is located on a 450 sq.m. plot. It is a stone-built property in an excellent location, featuring strong Cretan and Ottoman architectural elements. It consists of three levels and includes an outdoor area that can be transformed into a beautiful garden with trees. Although it requires full renovation, it offers great investment potential and can be converted into a charming guesthouse or boutique hotel. Both its location and character make it ideal for such an investment, either through private funding or via subsidy programs (such as ESPA), which may cover up to 40% of the investment. The Old Town of Rethymno stretches from the hill of Paleokastro to the Venetian harbor with the lighthouse and the Fortezza fortress, offering a unique multicultural atmosphere through Renaissance Venetian architecture coexisting with Ottoman buildings. Real estate office #terrarealestaterethymno Contact phone: +30 2831028808 #terrarealestaterethymno #terrarealestate #rethymno #premiumvalues #propertiesforsale