Property description
- Greece, Crete, Crete
For sale two unique unfinished amphitheatrical villas on the sea. The villas are 281 sq.m. each and are located on a separate plot of 4,000 sq.m. each one in Elounda. In fact, it's borderline with the huge investment known as the Elounda Hills Hotel. They feature panoramic sea, mountain, city and island views. Each villa consists of 57.26 sq.m. ground floor, 99.83 sq.m. first floor with 12.58 sq.m. semi-outdoor space and 99.60 sq.m. second floor with 12.98 sq.m. semi-outdoor space. The city of Agios Nikolaos is about 10 minutes drive from the property. Surrounded by water on three sides, Agios Nikolaos combines the sleepy feel of a seaside resort with all the amenities of a cosmopolitan port. Villas and tavernas spill over the town’s three hills to meet a harbor dotted with both mega-yachts and fishing boats.
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What you should know, purchasing a property in Greece
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
