Ktimatoemporiki — Real Estate in Greece
FOR SALE

Historic Property for Sale in Rhodes Town

Rhodes, Dodecanese Islands · Ref R5-2890

€ 400,000

€ 2,174 per m²

Type

Houses / Villas

Living space

184 sq.m.

Plot

153 sq.m.

On Ktimatoemporiki

21 days

Reference

R5-2890

About this property

Historic Property for Sale in Rhodes Town. An exceptional opportunity to acquire a listed historic property for sale in Neochori, one of the most distinctive neighbourhoods in the heart of Rhodes Town. Offering approximately 184 sqm of traditional stone-built structures on a 153 sqm plot, the property presents significant potential for restoration as a private residence, multiple independent homes or a boutique hospitality concept. The property requires complete restoration and interior renovation while preserving the architectural character of the original buildings.

60 sqm on the first floor, connected by an internal staircase, as well as an independent 60 sqm first-floor residence accessed by an external staircase. Its flexible configuration allows for several redevelopment options. Subject to the relevant approvals, the property could be transformed into three independent residences, one distinctive private home or a small boutique pension / tourist accommodation. A particularly attractive feature is the private internal courtyard with traditional decorative pebble mosaic flooring, offering the potential to create a charming outdoor living and entertaining area.

Architectural drawings and restoration proposals are also available. Located in central Rhodes Town, Neochori combines historic character with immediate access to the city’s commercial, cultural and tourism areas. The Medieval Old Town, seafront, restaurants, cafés, shops and everyday services are all within easy reach, while organised beaches are approximately a 10-minute walk away. Combining a prime central location, authentic Rhodian architecture and strong redevelopment potential, this property represents an appealing opportunity for buyers seeking a renovation property in Rhodes with both residential and investment prospects.

Historic Property for Sale in Rhodes Town. Location Information: Rhodes combines cosmopolitan vibes with medieval architecture in a unique way! The natural landscape, imposing buildings, ancient towns and picturesque villages meet amazing beaches, fashion boutiques, top restaurants, and dance clubs. No wonder why Rhodes Greece never fails to surprise travelers from all over the world!

Rhodes (or Rodos) is an island in the Aegean Sea, the largest of the Dodecanese Island complex. It is located at the southeastern edge of the archipelagos of the Dodecanese, facing the shores of Asia Minor, which are about 9-10 kilometers away. 000 live in the capital city, and it covers an area of 1401 square kilometers. It is the 4th largest and one of the most beautiful Greek islands.

The landscape of Rhodes mainly comprises of hills and low mountains, which in their majority are covered with forests. The climate of Rhodes is subtropical and considered very healthy. Refreshing westerly winds moderate the summer heat, while the winter is nearly always mild, with long periods of sunshine.

Features & amenities

in need of renovation

Insights

  • Price vs Dodecanese Islands avg▼37%

    € 2,174 vs € 3,465/m² area average · 257 listings

  • Est. rental yield11.2%

    ≈ € 3,740/mo · from 7 rentals in Dodecanese Islands

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Estimated monthly payment

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Price € 400,000 ·
Indicative only — not a financing offer.

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