A complex of five houses of 215 m2 on a plot of 3.500 m2 is available for sale in the area of Ierapetra. It is located at a distance of 200 meters from the sea and 95 km from the International Airport of Heraklion. The one apartment of 40m2 is renovated and has a kitchen, two bedrooms and a bathroom. There is solar and air conditioning. The other four apartments are in need of renovation and have the same layout. It is noteworthy that there is available a renovation permit. Outside it is surrounded by 70 irrigated olive trees and pines, it has a parking space and a warehouse. In the event that the new owner wishes, there is a possibility of combining all five houses or less. Its quiet location combined with the sea view make it a valuable investment option with the possibility of many exploitation parameters.