Loutra, Rethymnon, Crete, Greece

An exceptional - 274 m2 + swimming pool, 4 on suite bedrooms' villa, surrounded by its lush garden of some 150 m2, at the centre of the Venetian-era Loutra (meaning baths) village, built on a soft hill, near Arkadi, some 10 kl from Rethymnon town and less than 2.5 kl from the beautiful beaches. Loutra is referred as Loutra, Lustra or Lucia, in Venetian sources of the 16th century.

This is an unusually convenient detached modern and gentile residence, a few steps from the main village square and its slow-moving living, still, quiet and tranquil, surrounded by its secluded mature lush garden and a 33 m2 swimming pool in it, its pergolas providing shade from the Cretan mid-day sun, plus its exceptional roof-terrace, with a BBQ and lovely views of the sea and the villages and Rethymnon itself, downhill. All the other properties in the area, are similar villa residences, all with their own garden, lived by families, probably like your family.

The villa is entered from the street (two+ parking spaces by its entrance), through a quaint garden iron door, surrounded by full height wall, overhang with bougainvilleas - a paved path leading to the villa entrance. The entry door of the house is a security multi-locking door.

The villa is build over three levels, communicating by internal staircase, plus the marvellous roof-terrace, reached by external staircase. The villa is also fully air-conditioned and it is served by a solar water heater, providing hot water all year around. There is also a satellite TV installation.

On the 122 m2 lower ground floor, with direct access to the garden, there is a double en suite bedroom, a games room, the central boiler and storage space.

On the 72 m2 ground floor there is lovely open-plan living incorporating a modern and fully equipped kitchen, a dinning area and a sitting area, around the open fireplace, as ell as, the second en suite double bedroom. They all have direct access to the veranda, overlooking the garden and the swimming pool, through double glazed garden doors. There is also an additional guest's restroom.

On the 72 m2 first floor there are the last two large double bedrooms,  each en suite, with shaded  balconies and super views.

The superb roof garden, with the BBQ and ample dinning and entertainment space, is shaded by a large pergola, living space to look at the extraordinary stary night skies of Crete, the Mediterranean perfumes of the garden reaching you up, caressing your senses. The perfect spot for cocktails and Mediterranean revering.

If you were also thinking of renting the villa, when not in residence yourselves, you are free to do so, as the villa holds an official EOT (Greek Tourism Board) license, allowing you to legally operate the villa as a successful year-round rental business.

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 member 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.