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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.





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    Villa of character and charme in Prinos (Arkadi) Crete

    Rethymnon Prefecture, Crete

    €400,000

    Villa

    2

    1

    150m2

    1

    1

    1

    Yes

    Description

    A lovely, early 20th century traditional rural architecture and fully renovated, two (2) bedrooms, Cretan villa, in the small village of Prinos (Arkadi), with swimming pool, garden and parking. The villa is surrounded by a full height stone wall, isolating the house from the street and creating an internal tiled al-fresco patio, offering privacy and seclusion.

    On the ground floor there are two (2) fully air-conditioned bedrooms, also naturally cooled, because there is one floor above them, with direct access to the secluded patio, one (1) bathroom and a laundry room. A charming external staircase, with flower pots on its steps,  leads to the first floor, with a traditional open fireplace and the open plan kitchen, dining and living room, itself leading to a beautiful terrace and open views. There is also a modern internal staircase.

    The villa has been fully modernised, its traditional elements restored and fully renovated, including the old, uniquely Cretan and perfectly functioning and working wood oven in the Patio.

    The private garden and swimming pool were added during the villa’s recent renovation. A lovely partially sheltered from the sun by an open- raft wooden roofing and wooden trellis,    offering a tranquil sheltered space, from with to enjoy views of Rethymnon and the sea, just 17 Km easy drive.

    The nearest beach is just 2 km away from the villa.

    Distance from sea (m) : 2000 Air condition
    Balcony Frames Type : Aluminium
    Airy Swimming pool
    Satellite Secure door
    Lot size : 500 m2 Facade
    Internal stairs Floors Type : Ceramic floor tiles
    Solar water heating Bright
    View Awning
    Garden

    You could, of course, rent your new Home In The Sun, just for a few months each year – Crete having a 10-month season – as an AirBnB type rental, earning income to repay your mortgage (if you would like to have one), quite effortlessly, with your property gaining 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 Greek banks, all 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.

    THALATTA.homes standard services include advise and consulting on choosing your conveyancing layer, Notary Public, surveyors, architects and engineers.

    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.

    Please, connect to arrange a TEAMS meeting.

    SGCR-VI0589

    About the area

    Prinos village is located very close to the historical ancient Monastery of Arkadi, a national monument for Greeks, where Cretan fought heroically, to a bitter end, fighting for their freedom from the Ottomans and for joining the free Greece, at the end of the 19th century. The monastery is built on a prominent position and it is wort a visit.

    The entire hilly area, is full of small charming Cretan villages, many retaining their venetian allure, all with their piazzas, tavernas, cafes, bars, tranquil during the day and sometimes lively during the nights.