The Neoclassical House

A Timeless Jewel in Chania: Historic Neoclassical Residence for Sale

Neoclassical Detached House | 265 sq.m.

with 135 sq.m. Garden

(total area 400 sq.m.)

Igoumenou Gavriil 34 Street | Chania | Greece

Sale Price: 1.000.000€

Welcome to The Neoclassical House in Chania, a true gem of historical and architectural significance. Built in 1931, this distinguished residence once housed the old center of Mediterranean Architecture, making it a landmark that reflects the rich cultural heritage of Chania. This property not only offers a connection to the past but also embodies the timeless elegance of neoclassical design.

As Seen in the Newspapers

"The Center for Mediterranean Architecture acquires a roof."

"Αrchitectural Ηeritage"

Floor Plans

The Neoclassical House in Chania offers a carefully crafted layout that seamlessly blends the grandeur of classical architecture with modern living spaces. Spanning two distinct levels, this historic home provides a versatile and elegant living experience, catering to both luxurious personal residence and potential rental opportunities.

Main Floor: The main floor of the house features four spacious and independent rooms, each with beautifully painted ceilings and traditional wood flooring. A large central corridor runs through the heart of the home, connecting these rooms and providing a sense of openness and flow. The floor also includes a fully equipped kitchen and a well-appointed bathroom, making it perfect for comfortable everyday living. The grandeur of this level is accentuated by the Ionic columns at the entrance and the meticulous neoclassical detailing throughout.

Ground Floor Residence: The ground floor offers an independent living space with its own entrance, making it ideal for guests, extended family, or as a rental unit. This level includes a cozy living room that flows into an open kitchen area, two additional rooms, and a bathroom. The layout provides a more intimate, yet equally charming living experience, with modern amenities that ensure comfort without compromising on the historical ambiance.

Outdoor Spaces: The property includes a private 135 sq.m. garden that offers a peaceful retreat from the bustle of the city. This outdoor space is perfect for relaxation, gardening, or entertaining guests, adding to the property’s appeal as both a residence and a rental investment.

Architectural Integrity: Every aspect of The Neoclassical House has been designed to preserve its historical significance while providing a functional and elegant living environment. The thoughtful layout and the use of high-quality materials ensure that the home not only meets contemporary living standards but also maintains the timeless beauty that defines neoclassical architecture.

Each level of the house has been designed with attention to detail, ensuring that the property offers both a luxurious living experience and a strong investment opportunity, whether for personal use or rental income.

The Neoclassical House: A Masterpiece of Historical Design

Property Details

Investment Summary

The real estate market in Chania, Crete, is distinguished by its blend of historical charm and modern appeal, attracting both local and international buyers. Chania’s rich cultural heritage, picturesque setting, and strategic location make it a sought-after destination for those seeking exclusive properties with long-term investment potential.

Price Trends: Property values in Chania have shown consistent growth, particularly for unique and historic homes like The Neoclassical House. The scarcity of well-preserved neoclassical properties ensures that homes of this caliber maintain and often increase in value, driven by their architectural significance and prime location.

Buyer Demographics: The typical buyer profile for this property includes affluent individuals, heritage enthusiasts, and discerning investors looking for high-yield opportunities. The property also appeals to those seeking a prestigious residence in one of Crete’s most historic and culturally rich areas. With Chania being a prominent tourist destination, there’s also strong interest from the hospitality sector, making it an attractive option for boutique hotel conversions or luxury rentals.

Supply and Demand: The supply of historic, neoclassical properties in Chania is extremely limited, contributing to the exclusivity and desirability of such homes. This limited availability, coupled with high demand for unique, architecturally significant residences, creates a competitive market environment, particularly for properties that combine historic charm with modern amenities.

Financial Analysis: The Neoclassical House in Chania is poised for strong financial performance, whether used as a private residence, a luxury rental, or a boutique hospitality venture. The area’s thriving short-term rental market, fueled by Chania’s popularity as a travel destination, offers lucrative rental income potential, with high occupancy rates and competitive nightly pricing. Additionally, the property’s historical value and unique architectural features position it for significant long-term appreciation, with annual growth rates in the area often exceeding 5%. Investors can expect both immediate rental returns and long-term asset appreciation, making this a sound and strategic investment.

Investment Projections

The Neoclassical House in Chania represents a prime opportunity for short-term rentals or boutique hotel operations, particularly in light of Chania’s booming tourism industry and the increasing popularity of Crete as a destination for both leisure and remote work. Use this tool to project your potential returns and discover how your investment can flourish.

This calculation focuses on the residential spaces, which are ideally suited for high-end vacation rentals or luxury stays. Additionally, the separate ground-floor residence can be leased independently or converted into a commercial space, further enhancing your overall returns and making this investment even more profitable.

By capitalizing on Chania's year-round appeal and the property's unique historical charm, you can maximize rental income and ensure steady growth in value, securing a lucrative and sustainable investment for years to come.

Main Floor Photo Gallery

Explore The Neoclassical House: A Timeless Heritage Living Experience

Step into a world where history meets elegance. The Neoclassical House in Chania offers a rare blend of historical charm and luxurious living, creating an unparalleled experience for its residents and visitors alike. This meticulously preserved property showcases the grandeur of neoclassical architecture combined with modern comforts, ensuring an exceptional living environment.

Discover the beautifully designed interiors, the serene garden, and the unique architectural details that make this house a true masterpiece. Each photo captures the essence of this historic home – from the stately entrance to the refined living spaces and the tranquil outdoor areas.