Casa del Maestro, listed property for renovation in the Old Town of Rhodes

Situated in one of the most iconic and high-profile locations of Rhodes Old Town, directly next to the entrance of the Palace of the Grand Master of the Knights of Rhodes, this rare listed property dating back to 1809 presents a unique combination of historical significance and exceptional investment potential. The property extends over a total area of 218 sq.m. across three levels, comprising a 32 sq.m. basement, a 93 sq.m. ground floor with direct access to the courtyard, and a 93 sq.m. first floor, while also featuring a private courtyard of 223 sq.m., an अत्य rare element within the medieval walls that significantly enhances both its value and development prospects. The building requires renovation, offering the opportunity to fully restore and highlight its authentic historical character in accordance with heritage preservation standards, making it ideal for transformation into a boutique hotel, luxury residence, traditional guesthouse, or high-end restaurant in an area of consistently strong foot traffic throughout the year. Its rarity, prime position next to the city’s most important landmark, and timeless character make it a truly outstanding asset with high appreciation potential.