Skip to content

Prines, Rethymnon, Crete, Greece

€510,000
Thalatta.Homes, Manchester and Athens
PROPERTY TYPE

Villa

BEDROOMS

3

BATHROOMS

2

SIZE

1,335 sq ft

124 sq m

Key features

  • Distance from sea (m): 3000
  • Balcony
  • Satellite
  • Lot size: 537 m²
  • Internal stairs
  • Pets welcome
  • Facade
  • Window Screens
  • Awning
  • Fireplace

Description

A stupendous, 124 m2 modern, but of traditional Cretan character, concrete and stone walls built villa, with large pool and lash garden, built in 2010 on a plot of 534 m2, offering three bedrooms (one master, with its on suite bathroom), two bathrooms in total, semi-open plan kitchen/diner and large living room, fully air conditioned. The kitchen is modern, fully equipped with plenty of work spaces, there is an open fire fireplace in the large living room. The natural local stone of sandstone hues, covers all walls, internally and externally, following a Venetian style, with arches ''separating'' the various spaces of the open plan, as well as the corridor leading to the two double bedrooms on the same level.

The two ground floor bedrooms, served by a shower bathroom, have access to the garden, while the master bedroom, on the first floor, reached via an internal stone built staircase, is a room to behold. The A-shape beams, support the loft  high ceiling, enhancing this dreamy master on suite bedroom has an airy cool outlook, the master bedroom roof itself, covered with Mediterranean ceramic roof tiles, accentuating the ''venetian'' look.  The master bedroom opens to a wonderful terrace veranda, with stupendous view over the Rethymnon and the sea, the ideal place for a last evening drink or an early morning coffee.

The beamed high ceilings of the ground floor are covered with wooden planks, across the it, as is the loggia, which together with the beautifully worked stone walls and the venetian type ceramic tiles' floor, give the place a venetian rustique 16th century atmosphere. The windows are of course double glazed, as well as the doors leading to the beautiful beamed loggia, opening with stone-built arches to the lushness of the garden and the swimming pool. The wide and airy loggia, overlooking the garden and pool, with its practical ceramic tiles' floor, offers the perfect setting for shaded lunches during the hot summer days, as well as sheltered dining during the spring light breezes or very occasional rains. The ample mediterranean garden itself, while laid mainly to lawn, includes bougainvilleas climbing walls and pergolas, rhododendrons, two decorative palm trees, green hedges and flower bushes.

The garden is surrounded, across the entire plot, by low stone wall and trimmed bushes, offering privacy, opening, via a large gate-like opening, to a substantial private, off-street, parking space for two to three cars, plus bikes.

The name of the village, Prines, is an old Cretan pronunciation of ''prince'', referring to a Venetian princely lord, centuries back, whose ancestral fiefdom, Prines was. Prines lies in the middle of a lush green and wooden nature, including walnuts, plane,  oak and olive trees, making this hilly village a welcomed cool summer retreat. It is located just  10 kl, north - northwest, from Rethymnon town, a distance covered in just 10 to 15 minutes and only 3,000 metres away from the nearest glorious beaches.

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.

All about the Greek Residency Visas

Relocating and residing in an EU country, bathed in sunlight and blessed with superb clean sea-beaches and worm climate, like Greece and being able to travel all over the EU unencumbered, is a wish of many, but it is not a free option of all who wish it. 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, residing in Greece is less free, requiring a Residency Visa, such as;
* a Greek Golden Visa (GGV) of a 5-year duration, allowing access to the Schengen Area, obtained via an investment of a sum, from � 250K, to � 400K or � 800K - it is worth noting, that there are still, some - very few - remaining Greek Golden Visas, for � 250,000, in Athens, as well as, a few others for � 400,000, in very desirable country locations,
* a Greek FIPs (Financially Independent Person's) Visa, obtained by supplying proof of a monthly secure income (for example a pension of same amount) of at least � 3,500 per applicant, plus 15% for ones' spouse, of 3-year duration, allowing access to the Schengen Area,
* a Greek DM (Digital Migrants) Visa of 2-year duration, obtained by supplying information of ones' business or services derived income, allowing access to the Schengen Area.
Obtaining any of these three types of Greek Residency Visas, is perfectly possible and easily done, digitally by yourself or, as we strongly suggest, under expert guidance, provided locally by professionals, THALATTA.homes could introduce you to.

For Greek Residency Visas, please visit our site or go directly to the appropriate section,

Engaging in Businessing while a Greek Residency Visa holder

Having a Greek residency Visa does not automatically, enable one to engage in doing business in Greece (unless of course, one is a national of an EU member countries), but anyone, almost of any nationality, can do just that, through a Greek company, belonging to him personally or via a company of his, such as a UK registered LLC. Such a Greek company would be treated as any other Greek company, taxed at 22%, but equally so, being able to benefit from a multitude of EU and Greek Government support programs and subsidies.

For information regarding engaging in business in Greece, please visit our site or, even better, go directly to the appropriate section, businessing/

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.

Please, connect to arrange a TEAMS meeting.

Prines, Rethymnon, Crete, Greece

NEAREST AIRPORTS

Distances are straight line measurements
  • Chania(International)
    21.0 miles
  • Heraklion(International)
    42.4 miles
  • Sitia(Local)
    95.1 miles

Advice on buying Greek property

Learn everything you need to know to successfully find and buy a property in Greece.

About Thalatta.Homes, Manchester and Athens

47, Bury New Road, Prestwich Manchester, United Kingdom M25 9JY

About the Estate Agent

THALATTA.homes (www.thalatta.homes) is offering to relocating Brittons, Europeans and others, Greek homes to retire and/or to invest in a new stage of their lives, buying their new Greek HITS (Home In The Sun), to live in and/or maybe to let it, as an AirBnB, when not in residence, as well as, if interested to invest in a B&B type hotel. Those interested to invest in larger hospitality operations or other commercial property, please visit THALATTA.realty website (www.thalatta.realty). Our properties are all sourced from the best available, best-value properties, in the best locations in Greece, whether residential, resort, hospitality, commercial or industrial. THALATTA.homes and THALATTA.realty are the two divisions of Thalatta-Thalatta Enterprises (UK) Ltd. (www.thalatta-thalatta.uk) or TTUK for short.

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.

TTUK provides market analysis, investing background, private and business & development planning, legal and planning consents’ forensic analysis, investing and financing guidance and facilitation and access to financing institutions (typical interest 5,5%, presently) and GG (Greek Government) & EU grants, subsidies and loans, to which any Greek registered company and business is entitled.

TTUK would also introduce interested private individuals, wishing to part finance their Greek HITS (Home In The Sun), to licenced Greek mortgage brokers, offering typically, mortgages of up to 70% of the value of a HITS property, on 2.4% interest.

TTUK, will assist you with your business venture in Greece or your GGV (Greek Golden Visa) applications, but we will also guide and facilitate you, through the many additional benefits a Briton (or any non-Greek for that matter) owner of a Greek company could enjoy. Establishing a Greek LLC company costs some € 250 (including fees), it takes a few minutes to register and obtain the company’s VAT registration, all done digitally and the minimum capital requirement it € 1.00. Greek business-tax is just 22%.

One could actually drastically reduce one’s UK or other jurisdiction, personal pension-related tax, by paying only 7%, by having your pension tax, transferred to Greece. And there is also, the GND (Greek Non-Domicile) tax scheme, part of the international double-taxation-avoidance covenants, slashing anyone’s large business or investments’ tax obligations from anywhere in the world, to just 10% tax paid in Greece and no-tax at all paid to any other tax authority, anywhere in the world.

Digital-migrants and any start-up, establishing Greece as its base (and Greek tax jurisdiction), could get 50% reduction in its income from international sales, bringing corporate tax to just 11%.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Thalatta.Homes, Manchester and Athens (reference SGCR-VI0650) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

Email agent

Email agent