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5 bedroom premium Villa with Pool and Sea Views overlooking town and beach

1,290,000 €
  • Total area
    398 m²
  • Land area
    2,890 m²
  • Bedrooms
    5
  • Bathrooms
    4
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Features
  • Balcony or terrace
  • TV
  • Furnished
  • Swimming pool
  • Garden
  • Car parks
  • Sea view

Built on a hillside just outside the quiet coastal Cretan town of Sitia this impressive villa is ideal for tourist/commercial use or to be used as a residence. It is only a few minutes stroll to the sandy beach of Sitia. Sitia is a beautiful coastal town on the East side of the island of Crete known for its clear blue shores, its proximity to the famous Palm beach in Vai and to many quiet golden sand coasts. It is the less touristic part of the island offering the original relaxed and laid back lifestyle. The 398 m² villa has been built on a hillside plot of 2890 m². It is a two storey building comprising on the ground floor; An open plan dining room/kitchen featuring a fully fitted and equipped Italian designer kitchen, a living room/TV room with large flat screen TV, a lounge with fireplace, a guest toilet and an inner balcony/loft gym with exercise equipment. A large wood clad staircase leads up to the top floor; There are 3 double bedrooms with fitted wardrobes, a large bathroom, a laundry room and a master bedroom with en-suite bathroom. All rooms have access to large balconies offering uninterrupted views on to the Cretan Sea. All major rooms in the villa are equipped with A/C and there is central under floor heating installed. Equipped with solar and emersion water heating system. Next to the main villa is a small studio apartment with bed and bathroom which could be used as a service room. In front of the villa is a good sized 45 m²) infinity swimming pool with pool terrace, agarden area and a small football/basketball court. The property has very good road connection and has ample covered and uncovered parking. Sold fully furnished and equipped. Only a 5 minute drive to the small Sitia airport and about 1 and a half hour from the international airport of Heraklion, Crete.

Extra opportunities

We can help you get a Golden Visa (permit without tax residence) when buying a property worth €250,000 or more.

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      How to buy property with Tranio

      Enquiry

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      FAQs

      • Can I get a mortgage abroad?

        It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

      • How does the purchase procedure work?

        The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

      • Can a residence permit be obtained by buying property?

        In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

      • Can I obtain income from a seaside apartment?

        Yes. You can use the purchased property yourself for holidays and lease it to tourists for the rest of the time. To avoid the hassle of finding tenants and cleaning the property, it’s a wise idea to hire a management company to do all the work – these services usually cost about 20% of the rent. Take into account the length of the tourist season in the location you choose: in certain regions it will be easy to rent apartments out all year round, while in others it might only be possible to do so during the high season.

      • How does Tranio make money if your service is free for the clients?

        We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

      • Who guarantees the transaction security?

        The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

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