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Area value

Property value in Palea Fortetsa

Updated September 2026 · 12 months of market data

Over the last 12 months, the estimated value in Palea Fortetsa is around €3,650–€4,200 per square metre, with a softening direction, while rents run around €8.5–€10.0 per m² a month. The range is deliberately area-level; the precise value depends on floor, condition, and street.

Estimated value

€3,650–€4,200 /m²

Rent

€8.5–€10.0 /m²·mo

Gross yield

~3%

Direction

softening

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Estimated value

€3,900–€4,400 /m²

Rent potential

€8.5–€10.0 /m²·mo

Gross yield ~3%

Property type

Floor

Condition

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Indicative, area-level estimate — not a certified appraisal.

Area → municipality

Palea Fortetsa€3,650–€4,200 /m²
Municipality of Heraklion€1,950–€2,250 /m²

Frequently asked

What is property worth in Palea Fortetsa?
The estimated value in Palea Fortetsa is around €3,650–€4,200 per square metre, based on recorded transactions and current asking prices over the last 12 months.
How much rent can a property in Palea Fortetsa achieve?
Rents in Palea Fortetsa run around €8.5–€10.0 per square metre a month, an indicative gross yield of about ~3%.
How is property valued in Palea Fortetsa?
Axias combines recorded transactions, local asking prices, and the property's specifics — floor, condition, and size — into a defensible value range.

Figures are indicative, at area level, and intended to support decisions. They are not a certified appraisal.

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Property value in Palea Fortetsa — prices and rents | Axias