Description
Building for sale in Ialysos Rhodes. In one of the most established and well-regarded residential areas of Rhodes, in Ialysos, this renovated residential building represents a rare combination of scale, panoramic views, and immediate usability. Set on a generous 1,000 sq.m. plot, the property offers a total built surface of 473 sq.m. and is designed to function seamlessly either as a private multi-family residence or as a high-performing investment asset.
The building was originally constructed in 2000 and fully renovated in 2022, maintaining a solid structural base while upgrading comfort and functionality. It consists of three independent floor apartments, each with generous internal layouts that prioritize light, flow, and privacy. In total, the property includes nine bedrooms, three living rooms, three kitchens, three bathrooms, and three WC, offering flexibility for different residential or income-generating scenarios.
The ground-floor apartment measures approximately 183 sq.m. and features three bedrooms, a living room, a kitchen, and two bathrooms, making it ideal for owner occupation or premium long-term rental. The first floor offers a 145 sq.m. apartment with three bedrooms, living room, kitchen, and two bathrooms, while the second floor mirrors the same layout and size. Both upper-floor apartments benefit from front and rear balconies and enjoy unobstructed, panoramic sea views that significantly elevate the living experience and rental appeal.
The property is bright, dual-aspect, and front-facing, with a northeast orientation that enhances natural light while maintaining thermal comfort. It is equipped with central oil heating with individual metering, air conditioning, solar water heating, synthetic window frames, tiled floors, security door, elevator, storage areas, and full accessibility for people with reduced mobility. Energy efficiency is classified as Category C.
Externally, the building offers four private parking spaces, a private landscaped garden with barbecue area, open views, and direct asphalt road access. The surrounding environment is residential and well-developed, ensuring privacy while remaining close to key infrastructure. The property is located approximately 2,000 meters from the sea and just 800 meters from the city, providing an ideal balance between tranquility and accessibility.
This is a fully functional, renovated residential building with strong fundamentals — suitable for owner occupation, professional use, or investment exploitation with high yield potential. A property of this scale and clarity in Ialysos is rarely available, making it a compelling option for buyers seeking long-term value rather than short-term speculation.
Building for sale in Ialysos Rhodes. 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.
The population of the island exceeds 115.000 of which about 50.000 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.
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