ELOUNDA VILLAS, CRETE

The village of Elounda is situated within a few hundred metres of the fishing village of Plaka, where life still moves along to the rhythm of another era.  The villas overlook the sparkling blue waters of the Mediterranean Sea and sits opposite the isle of Spinalonga with its medieval fortress.  Spinalonga’s story dates back to the Venetians and Turks, conquerors of Crete, and is nowadays a unique historical attraction protected by the Greek Society of Byzantine Antiquities.

This contemporary development of 15 villas will be completed in June 2010 and has been released to the market with a 25% discount direct from the developer, prices start from €360,000 and up to 80% LTV finance available.

Phase 1 (5 villas) of these high quality villas will be completed this summer, with the further phases to be completed within 9 months. These villas are of superior quality, built by a Greek team, however, supervised by a highly regarded British developer and architect.

The build size ranges from 120sqm – 176sqm and the villas have wonderful views across the bay to Spinalonga.  The client can have personal use of the property for 2 weeks a year.

These villas will come fully furnished with a lease back option by the developer for 2 years.  The photos give an example of the furniture pack included.

• 20% deposit to be held by the clients Greek lawyer.
• U.K. Solicitor provided, for translation of contract from Greek to English and liaising with Greek Lawyer.
• Monthly newsletters.
• Tour operators in place, with specially negotiated discount airfares and car hire.

Points of Interest.

• Airport Heraklion International Airport, Kazantzakis 78 km
• Hospital Ag. Nikolaos Hospital 12 km
• The Port of Heraklion 79 km
• The Port of Agios Nikolaos-Crete 12 km
• Archaeological Museum of Heraklion 80 km
• Archaeological Site The Great Palace of Knossos 80 km
• Activities / Recreation Golf Course 40 km
• Spinalonga, short boat trip.