Greece Traditional Villas

The estate for sale covers a surface of approx. 800m², and its history goes back for centuries. Seven (7) traditional, stone villas that are aged 500 years and 7 landowners (landed proprietors) used to stay in the area with their families. Two (2) olive oil presses were operated then.

The traditional residences were restored, converted into luxury villas and combined with two (2) additional buildings creating a small, picturesque neighborhood. The two buildings are operating as tavern-restaurant and reception. The stone arches, the wooden attics, the fireplaces, the sculptured wooden canopy beds, the luxury linen, nice chandeliers, compose unique scenery.

The Business is generally new and it isn't yet consolidated in the market. It needs time to obtain a social network and customers. However, it has an turnover guaranteeing its financial rise and evolution. This is a new type of business that has recently started in Greece and gains ground constantly with the great correspondence from the customers. The traditional features, the secluded site with the peacefulness, combined with the great development of the region ensure the high financial progress of the business.

The business for sale is now operating for three (3) years all year round and is classified as "Cat A" accommodation. During winter, the business operates mainly with Greeks and from April to November with European customers, and meanwhile it is cooperating with two (2) tourist operators.

The annual gross income is at 150.000 Euros (50.000 Euros from bar/restaurant, 100.000 Euros from the villas rent), and the current net profit is 90.000 Euros.

Apart from the usual auxiliary costs, expenses arise from occupying four (4) employees - 1 housemaid, 1 gardener, 1 cook, and 1 waiter.


Description of the single properties

The Villas are suitable for 2 to 6 individuals and are all provided with fireplace, central heating, air condition, phone, satellite TV with LCD display up to 26 inch, internet, fully equipped kitchen, washing machine, and safety box.

Villa 1: his beautiful villa consists of a kitchen, living area with fireplace, bedroom, and bathroom. In the living area there is a couch that converts into a double bed. The villa is featured by the wooden floor & high wooden ceilings, the luxury full equipment with two (2) stone arches. It is worth to note that the bullets are still obvious on the stone from the old times.

Villas 2: This traditional maisonette comprises of a kitchen-living area, a wooden stair leading to the upper floor where a spacious bedroom exists with a fireplace, bathroom and a large veranda.

Villa 3: At the ground floor this maisonette has a kitchen with a fireplace, double canopy leathered bed, couch that converts into a double bed at the living area, and a bathroom. The living area has a glass roof and is separated from the kitchen with a stone arch. A wooden internal stair leads to the 1st floor where a double, wooden, sculptured bed is found at the bedroom and a veranda with unobstructed, impressive views.

Villa 4: A spacious kitchen, a living-dining area and fireplace are found at the ground floor of the maisonette. Via the internal, wooden stair one reaches the upper level with a bedroom and en-suite bathroom, cloak room, veranda. On the same floor another bedroom and a smaller bathroom exists.

Villa 5: This lovely maisonette consists of a kitchen, living area with fireplace, and small bathroom at the ground floor. The wooden stair leads to the 1st floor where one will find a bedroom offering amazing views through the four large windows.

Villa 6: The ground floor of the maisonette includes kitchen, living area, fireplace, bathroom, double bed. The 1st floor has spacious double bedroom with large veranda.

Villa 7: This wonderful dominant villa comprises of a kitchen, fireplace, living area, bathroom and a double bedroom.

Restaurant: The restaurant is provided with a kitchen with full equipment for 40 guests, while it is fitted with a large fireplace creating a cosy, warm environment. Two (2) restrooms and 1 reception are available. The courtyards and the thousands of flowers bring a refreshing air and a remembrance from old times.

The property is benefiting also from having a pool bar, two (2) swimming pools (one adult & one for children) and a nice pergola made from coconut palm tree where the guests enjoy their drink or breakfast during summer.

Parking spaces are available and a separate Laundry Area as well.


Location

The beautiful town of Kissamos is located 42km west of Chania and it is the capital of the Kissamos County. Kastelli Kissamou is surrounded by beautiful landscape and has about 3.000 inhabitants. Kissamos is not a crowdie tourist resort, its development is based mostly in the wine and oil produce, and the agricultural products. Kissamos is the centre of production and trade of the famous Kissamos wine.

The climate of the area is excellent, with sunshine most of the year. Kastelli has evolved into quite a big town with all the comforts and the facilities that a town can offer.

Kissamos is built along a wonderful sandy beach. It is located where the ancient city of Kissamos stood. With Kissamos as a starting point one can visit the archaeological sites of Falassarna and Polyrinia, the Gramvoussa isles (pirate isles), the beautiful Georges of Topolia, Sirikari, the lagoon of Balos, the medieval villages, etc. The crystal clear sea and the vast sandy beaches of Kissamos make a stay a unique pleasure. South of Kissamos, at a distance of 7km, are the ruins of the ancient city of Polyrinia. Polyrinia is considered to be the oldest city that the Dorians built in Crete (following the Minoan Period).

One of its ports was Falassarna, the westernmost town in Crete. Polyrinia was a powerful city; its walls are still visible, and existed until the Byzantine period. Present day Polyrinia, is a small village, that is built with building materials from the ancient city.

As everywhere in Crete the history of Kissamos goes far back. The name Kissamos is of pre-Hellenic origin and it was the name of an ancient community that existed in the same place. The ancient Kissamos was a marine and commercial centre of the Western Crete, and it was one of the Polyrinia's ports. Ancient Kissamos flourished during the Roman period and continued to prosper during the early Byzantine period when it was an episcopical seat.

Kissamos was always a well fortified city, because due to its wealth and its location, was often under attack. The Venetians built the wall that parts of it are still standing inside the city. The Venetian fortress, Castelo, was the special characteristic of the city and thus the city was named after it Kasteli. Because in Crete there are many towns with the name Kasteli, it was named Kasteli Kissamou.

There is regular public bus service from Chania to Kissamos. From Kissamos harbour there is a regular ferryboat service to Gythion (Peloponnesus) and Kythira.


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) 1100000

Previous Price (Euros) 2000000

Build area (m²) 800

Land area (m²) 10000

Sea View yes

Mountain View yes

Outskirt Village yes

On Hill yes

Garden yes

Trees yes

Swimming pool yes

Fire place yes

Parking yes

Other Rooms Laundry Area

Air Condition yes

Central Heating yes

Electricity yes

Water yes

Phone yes

Distance to airport, km 63

Seaport Distance, km 53 (Souda)

Distance to beach, km 6

Town Distance, km 39

Other Distance 5 (Kastelli)

Property State Excellent condition

Age since 2007 operating

EOT licence Available

Furnished yes