Buy-to-let duplex apartment with 3 bedrooms and a yield of 6.68%, Chania, Greece
- Total area99 m²
- Land area46 m²
- Bedrooms3
- Yield6.68%
Buy-to-let apartment in a new residential complex on the coastline.
The complex includes 11 apartments with an area of 76.5 m² — 98.7 m².
Each plot has a communal or private swimming pool with an outdoor area to enjoy the Mediterranean air. The design is made in a classic Mediterranean style.
The sale price starts at € 299,700, which guarantees you meet the entry requirements for the Greek Golden Visa, considered one of the most affordable in Europe.
The apartments have already established themselves as holiday apartments with a 4.5* rating on Tripadvisor.
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Garden
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Car parks
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Swimming pool
With just a few months processing time the Golden visa offers:
- Visa-free travel within Europe’s Schengen Area
- No requirement to reside in Greece
- Residence permits can be acquired within 30–60 days
- Unlimited expiry date of residence permit
- Opportunity to rent out the investment property
- Residence applicable to the whole family (married spouse, children under 21 years old, and parents of the main applicant and spouse)
- Eligibility to apply for citizenship after seven years of residence
- Ability to hold shares and receive income from the dividends of a company registered in Greece (but not to be employed in Greece)
Gross yield 6.68%
Annual income € 25,785
Annual growth of rent and real estate price 3%
Acquisition Costs EUR:
- Reservation Fee (Refunded upon First Payment) −3,000
- Transfer Tax — 9,545
- Notary Fee — 2,471
- Solicitor Fee — 3,089
- Land Regisry Fee — 1,467
- Golden Visa fees (Legal & Permit) — 3,516
- Additional Family Members Golden visa (Legal & Permit) fees — 416
- Health insurance — 200
The complex is ideal for families with children as they enjoy a quiet location by the sea, just a few minutes walk from the famous award-winning Falassarna beach and some of the best beaches in the world such as Elafonisi and the Balos lagoon five minutes from Kolympari and thirty minutes from the city of Chania.
More than that, just a few meters away from the complex, on the beach of Nopigeia, guests will find the “Ble Lounge Bar”, where you can enjoy delicious snacks and meals inspired by the Cretan & Mediterranean cuisine, and an exquisite selection of cocktails accompanied with the magnificent sunset, right on the beach, with free sunbeds and umbrellas.
This property may also qualify for Greece Golden Visa — you can read more about the residency programme here.
If this property wasn’t for you, take a look at other buy-to-let apartments for sale in Greece.
You can see more buy-to-let apartments for sale in Chania elsewhere on our website.
