×

Our other division

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.





    Back

    Share

    Gallery

    Villa at Kato Valsamonero, Nikiforos Fokas Municipality, Crete

    Rethymnon, Crete

    €495,000

    Villa

    4

    3

    173m2

    -

    -

    -

    -

    Description

    This superb and quite expansive villa is nestled in the serene embrace of Valsamonero, a village near Rethymnon, one of the Venetian towns and fortresses, dating from the 14th century. Valsamonero (meaning balsam water) is marrying the tranquillity of traditional village charm with a lush green nature, with the Cretan coastal-life, which even when noisy, offers a vibrant life-style, worth visiting as frequent as one wishes. The location of Valsamonero epitomizes the quintessential Cretan retreat, far from the maddening crowd, but still just 20 minutes’ drive from it. The 173 m2 villa, with garden, barbeque and large swimming pool, stands in the middle of an  impressive 1,366 m2 plot, and significantly can be extended (as per standing Planning rules) by an extra 200 m2 of living accommodation. What a loverly opportunity to be able to create a nice B&B business opportunity, to supplement your pleasure of living in Crete.

    The elevated ground two-level villa offers on the first level  an expansive open-plan living, with modern kitchen, connected large dining room to accommodate a large family’s dinners, leading to a ample living-room, with fire place and  a convenient rest-room at the same level. This entire large combination of spaces has direct access to two but joined patios, overlooking the swimming pool and the barbeque, with the stupendous view of Cretan hills rolling to the sparkling sea, beaches and villages and Rethymnon, resting on its shores. From these patios looking at the villas lush garden with lawn, flowering bushes and trees you will immediately spot the custom-built barbecue, offering open-air receptions by the pool and a covered pergola. What a perfect stage for your outdoor living and entertaining, with ample room for both a lounge and dining alfresco, set-up.

    Going-up to the second level, there are three large double bedrooms and a forth truly large single, served by two bathrooms. Every bedroom offers access to verandas with breathtaking views of the Cretan landscape, while drinking your morning coffee or shipping the last drink before your bed-time.

    The villa is surrounded by its tiered mature garden, with native trees, flowering bushes and flowers, but significantly includes an additional plot to either try your good-life endeavours or to create your B&B development, with potential for an extra 200 m2 of building space possible.

    The villa stands on the edge of the village of Kato (meaning Lower) Valsamonero, itself surrounded by  small villages, many from the Venetian era and a plethora of tavernas, offering a huge variety of Cretan Diet and …. UK-like food.

    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.

    Please, connect to arrange a TEAMS meeting.

    CRHLP07-VI0608

    About the area