Crete Off-Plan Properties - Pre Launch

The developments convenient location makes the accommodation incredibly marketable - helping to sustain high rental yields and growing capital appreciation. In order to facilitate the commercial value of property in the development each one has been designed to conform to the Greek National Tourist Organisation criteria making it possible to apply for the appropriate licence known as the EOT licence.

A stone boundary wall encloses the development and each house has been individually designed with respect to the traditional Cretan architectural style which is famous for its use of stone, wood beam ceilings and natural rustic colours. Planted gardens and tiled patio areas have been designed to allow purchasers to take advantage of the many hours of sunshine that Crete enjoys.

The houses for sale have been carefully positioned to ensure that each one has a view of the beautiful sea and mountains cape. The development comprises 5 separate sections each with 6 properties (4 apartments and 2 semi-detached or detached villas). Each section will have a large communal swimming pool of approx. 36m² and extensive communal gardens. These communal areas will be maintained by a local property maintenance company for highly competitive rates and the ground floor properties will have some extra private garden areas.

All properties for sale are to be built to the highest specifications and will include many features as standard including top notch insulation methods making them perfect for year round living, double glazed windows and doors in coloured aluminium frames, complete central heating systems and pre installation for satellite TV and air conditioning.

The properties offer something unique through its combination of desirable location, attractive architecture and some of the finest quality finishes, delivering an idyllic project which is clearly distinguishable from its contemporaries.

Building due to commence: February 2009

Expected Completion:
The development will be built in stages with the first section being completed within approx. 18 months of the commencement of construction. The remaining 4 sections will be completed subsequently within approx 2 and half years from the commencement of construction.


Location

Located in a tranquil area close to a traditional village, set in extensive olive groves and overlooking the sea, while still enjoying easy access to the beach and the cosmopolitan town of Rethymno.

In the nearby village, houses were first built by the Venetians during their occupation of Crete and have been preserved and are inhabited until this days, and there is a typically Cretan historical atmosphere present in the cobbled streets and village square which displays huge millstones from the old olive oil press that once produced oil using traditional methods. There is a bakery just a short stroll away, which still makes traditional breads and pastries whose enticing smell greets passers by each morning. The locals are very friendly and proud of their cultural heritage which they take every opportunity to share with their visitors. The area boasts a couple of noteworthy taverns where the local cuisine can be sampled as we


Why Greece?

* It has strict build density regulations, which will avoid major developments in future and thus overbuilding
* Only 3½ hours from London and many European cities making it a viable weekend break holiday destination
* Voted by the Lonely Planet Guide 2010 as one of the top 10 countries in the world to visit

Price (Euros) 110824 - 183073

Previous Price (Euros) 139100 - 225400

Build area (m²) 52,51 - 85,17

Sea View yes

Mountain View yes

Outskirt Village yes

Garden yes

Number of bedrooms 3

Swimming pool yes

Parking yes

Levels 1 - 2

Baths 2

Central Heating yes

Electricity yes

Water yes

Distance to airport, km 70

Distance to beach, km 2

Town Distance, km 10

Property State Off plan

EOT licence Possible