THALATTA.realty is dedicated to large real estate projects related or being part. Such properties, often are intended for hospitality city or resort projects of an LCET (Luxury Curated Experience Touring) character, often including yachting investing, sometimes including condominiums associated to a hotel business. Large real estate investments in Greece often also refer to Athens or Thessaloniki housing or office developments and commercial projects and even urban inner city redevelopments, while many investments are intended as industrial spaces and logistics and industrial level storage facilities.
These type of projects, would attract very substantial co-financing, possibly equity financing and certainly Greek bank lending on extremely beneficial for the borrower terms, while any such financing would be greatly augmented via subsidised interest, subsidised wages and HSS related costs and a very dynamic, environment related and international promotion connected, subsidies’ program, financed by the GG (Greek Government) and the EU.
The TTUK team of experts would consult, advise and facilitate investors in every step of their Greek projects, including bank mortgaging or bank lending facilitation and GG and EU programs applications.
Share
Rethymnon, Crete
An exceptional – 274 m2 + swimming pool, 4 on suite bedrooms’ villa, surrounded by its lush garden of some 150 m2, at the centre of the Venetian-era Loutra (meaning baths) village, built on a soft hill, near Arkadi, some 10 kl from Rethymnon town and less than 2.5 kl from the beautiful beaches. Loutra is referred as Loutra, Lustra or Lucia, in Venetian sources of the 16th century.
This is an unusually convenient detached modern and gentile residence, a few steps from the main village square and its slow-moving living, still, quiet and tranquil, surrounded by its secluded mature lush garden and a 33 m2 swimming pool in it, its pergolas providing shade from the Cretan mid-day sun, plus its exceptional roof-terrace, with a BBQ and lovely views of the sea and the villages and Rethymnon itself, downhill. All the other properties in the area, are similar villa residences, all with their own garden, lived by families, probably like your family.
The villa is entered from the street (two+ parking spaces by its entrance), through a quaint garden iron door, surrounded by full height wall, overhang with bougainvilleas – a paved path leading to the villa entrance. The entry door of the house is a security multi-locking door.
The villa is build over three levels, communicating by internal staircase, plus the marvellous roof-terrace, reached by external staircase. The villa is also fully air-conditioned and it is served by a solar water heater, providing hot water all year around. There is also a satellite TV installation.
On the 122 m2 lower ground floor, with direct access to the garden, there is a double en suite bedroom, a games room, the central boiler and storage space.
On the 72 m2 ground floor there is lovely open-plan living incorporating a modern and fully equipped kitchen, a dinning area and a sitting area, around the open fireplace, as ell as, the second en suite double bedroom. They all have direct access to the veranda, overlooking the garden and the swimming pool, through double glazed garden doors. There is also an additional guest’s restroom.
On the 72 m2 first floor there are the last two large double bedrooms, each en suite, with shaded balconies and super views.
The superb roof garden, with the BBQ and ample dinning and entertainment space, is shaded by a large pergola, living space to look at the extraordinary stary night skies of Crete, the Mediterranean perfumes of the garden reaching you up, caressing your senses. The perfect spot for cocktails and Mediterranean revering.
If you were also thinking of renting the villa, when not in residence yourselves, you are free to do so, as the villa holds an official EOT (Greek Tourism Board) license, allowing you to legally operate the villa as a successful year-round rental business.
Renting your new Home In The Sun just for a few months each year – Crete having a 10-month season, as an AirBnB type rental, just for a few months each year – Crete having a 10-month full tourism season – you could able to repay your mortgage effortlessly while your property gains value every year passing.
Mortgage of up to 65% of the value of this property, at 2.4% per annum, on a typical duration, is available for non-Greek nationals and non-Greek residents, applicants to any of the systemic and member of the ECB (European Central Bank) EuroSystem.
THALATTA.homes would be happy to introduce you to – Bank of Greece (ECB EuroSystem) – licenced Mortgage Brokers and facilitate your application, at no charge, as part of our standard service.
Renting your new Home In The Sun just for a few months each year – Crete having a 10-month season, as an AirBnB type rental, just for a few months each year – Crete having a 10-month full tourism season – you could able to repay your mortgage effortlessly while your property gains value every year passing.
Mortgage of up to 65% of the value of this property, at 2.4% per annum, on a typical duration, is available for non-Greek nationals and non-Greek residents, applicants to any of the systemic and members of the ECB (European Central Bank) EuroSystem. THALATTA.homes would be happy to introduce you to – Bank of Greece (ECB EuroSystem) – licenced Mortgage Brokers and facilitate your application, at no charge, as part of our standard service.
In Greece, it is common, unfortunate, practice that estate agents would attempt to receive commissions from both the seller and the buyer, something that most people and certainly TTUK, would consider a serious conflict of interest. Some may even often suggest that you use the same lawyer as the seller (‘’to save money and time’’) and (even worst) to use the same Notary Public. TTUK, a UK company and its UK-bread directors act and will act exclusively as Buyer’s Agents, i.e. would be looking after the interests of their clients – in this instance, the buyers.
All you would have to do, as it is your legal right, is to inform a seller’s agent, that you intent to engage a buyer’s agent and that your agent (TTUK, if you would so decide), would contact them to handle the process on your behalf. Alternatively, you could ask us to perform this task – and we would oblige readily. Most estate agents, would accept it and agree. A refusal would betray bad faith, in most people’s opinion.
All about the Greek Golden Visa (GGV)
Often, people thinking of relocating to Greece, desire to be able to reside ‘’permanently’’ or at least to be free to reside unencumberly and at their desired times of the year. EU member countries’ nationals can do just this, as well as engaging in any form of business activities, while residing in Greece. For non-EU member countries’ nationals it is less free, requiring a Residency Visa (not necessarily a Golden Visa, which is usually pricy), obtaining which is perfectly possible and easily done. In Greece, there are four (4) types of Residency Visas, the Golden Visas often discussed more in the public domain. Please read through.
Types of Greek Residency Visas
None of these Greek Visas would allow the holders of any of these visas to engage in business in Greece. However, as per international and EU rules, as well as Greek Law, anyone’s non-Greek company, for example a typical off-the-shelf UK Ltd. company, can register and own a Greek company, with all the privileges of Greek companies within the EU and the world. We must, nevertheless, strenuously advise you to seek proper legal advise and financial consult.
TTUK, would be happy to introduce you to a number of often international legal practices specialising in Greek Visas and will facilitate you in dealing comfortably with all consultants or authorities in Greece.
Please, connect to arrange a TEAMS meeting.
SGCR-VI0677
Loutra is referred to by the same name (Lutra) in Venetian sources of the 16th century, as Loutra, Lustra or Lucia. The village owes its name to the Roman baths ( Loutrà in Greek) of old, surviving in local memory, even though they don’t anymore exist. Loutra is situated in the midst of olive trees groves, and it is characterized by its narrow cobbled streets and bougainvillea plants, its Venetian buildings and the blazons of the Kalergi family, whose possession Loutra has been for centuries.
The Kalergi family, is descended from the East Roman 10th century Emperor John Focas, fought against the Venetians, later on becoming part of the Venetian governate of Crete, branching into the European aristocracy, one Kalergi being the famous Austrian Count Richard Coudenhove-Kalergi, who created the European unity movement, Pan-Europa, in 1923.
Loutra is part of the Municipality of Arkadi, some 2 kl. away, where the famous renaissance Monastery is located. There are numerous byzantine churches all over the many small quaint hilly villages, all with lovely tavernas and vistas, all worth you visit, all to offer you memories you would never forget.