Rethymnon, Rethymnon, Crete, Greece

Two-Villas in Rethymno, Crete, 311m2, Beautiful View, Pool, Garden, Nearby Sea

This exceptional property comprises two independent villas and a charming bungalow, all meticulously furnished and fully equipped. Offering breathtaking views of the sea and the surrounding area, these residences are currently operating as a successful tourist business, making them an ideal investment opportunity.

The first villa, spanning 186m2 and spread across three levels, boasts a spacious warehouse on the first floor. The second level features a cozy living room, a well-appointed kitchen, a bedroom, and a bathroom. On the third level, there are three more bedrooms and an additional bathroom. Outside, the property is adorned with a sprawling garden and a private pool, creating a perfect oasis.

The second villa, an 83m2 maisonette, showcases a well-designed layout. The ground floor encompasses a modern kitchen, a living room, and a bathroom. Upstairs, there are two comfortable bedrooms and another bathroom. Outside, this villa offers a private pool and a meticulously landscaped garden, providing a serene atmosphere.

The bungalow, spanning 42m2 features a bedroom and a bathroom. Its outdoor space includes a private terrace and a charming small garden, offering a peaceful spot to unwind.

Situated just 500 meters from the beach, this property not only ensures a relaxing stay but also presents a lucrative opportunity for those seeking a thriving tourist business in a picturesque coastal setting.

Renting your new Home In The Sun just for a few months each year - Crete having a 10-month season, as an AirBnB type rental, just for a few months each year - Crete having a 10-month full tourism season - you could able to repay your mortgage effortlessly while your property gains 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 and 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.

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.

All about the Greek Golden Visa (GGV)

Often, people thinking of relocating to Greece, desire to be able to reside ''permanently'' or at least to be free to reside unencumberly and at their desired times of the year. EU member countries' nationals can do just this, as well as engaging in any form of business activities, while residing in Greece. For non-EU member countries' nationals it is less free, requiring a Residency Visa (not necessarily a Golden Visa, which is usually pricy), obtaining which is perfectly possible and easily done. In Greece, there are four (4) types of Residency Visas, the Golden Visas often discussed more in the public domain. Please read through.

Types of Greek Residency Visas

1. The Greek Golden Visa (GGV), of five (5) year duration, renewable, for you and your family and free access to the Schengen-Area, which require either investing in a real estate property to live in, but not use as a business asset, engaging in tourism or other businesses. They are expensive, requiring a property investment of � 800K for most places, over 3,150 permanent Greek inhabitants or � 400K, for less popular locations or, in very few cases, investing � 250K, in a special type of hospitality asset, which cannot be lived in by the investing person or his family, but generating a secure income of 4% annually.
2. The FIP (Financially Independent Persons) Greek Visa, aimed at non-EU citizens, (like Britons, as well as other nationalities of similar circumstances), allowing long-term (presently 3-year, renewable) residency, but strictly without permission of working in Greece, for you and your family, but with free access to the Schengen-Area,. To qualify in 2025, applicants generally need to demonstrate a stable monthly passive income, typically a pension, of at least �3,500 per month, which increases for spouses and dependent children, as well as, proof of health insurance and accommodation in Greece.
3. The Digital Migrants' Greek Visa, is a two (2) year, renewable, residence visa, aimed at salary employed or self-employed people, working digitally across the Globe, while reside in Greece and while having full access to the Schengen Area EU countries. Applicants' families would enjoy the same privileges, for as long as they satisfy the criteria applied for an FIP (Financially Independent Persons) Greek Visa. The application are made strictly at Greek Consulates in the applicants' country, strictly digitally or via registered post. EU, EEA or Swiss citizens, don't have to have a Digital Migrants visa, as they have this right, by EU regulations.

None of these Greek Visas would allow the holders of any of these visas to engage in business in Greece. However, as per international and EU rules, as well as Greek Law, anyone's non-Greek company, for example a typical off-the-shelf UK Ltd. company, can register and own a Greek company, with all the privileges of Greek companies within the EU and the world. We must, nevertheless, strenuously advise you to seek proper legal advise and financial consult.

TTUK, would be happy to introduce you to a number of often international legal practices specialising in Greek Visas and will facilitate you in dealing comfortably with all consultants or authorities in Greece.

Please, connect to arrange a TEAMS meeting.