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How to Buy in Crete
Property Investment
Properties
for Sale in Crete
Properties
for Sale in Samos
Properties
for Sale in Cyprus
Discover Crete:
Almirdia
Chania
Gavalohori
Kolymbari
Rethymnon
Tavronitis Village
Vamos Village
West Crete
Samos Greece:
Samos
Cyprus Greece:
Cyprus
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Part of the small Aloni Grove development, designed with innovation and attention to detail, this modern two-bedroom home offers comfortable living on two levels. A shared swimming pool set in the beautifully landscaped gardens will complete the houses that are within the village of Horafakia on the Akrotiri peninsula.
This house is within walking distance from the village centre; where you will find a few small shops, kafenion and tavernas that are open all year around. The views are panoramic over the Bay of Chania and towards the White mountains of Crete.
The property has been finished to our usual high standards with great attention to the finishing touches; including fitted designer kitchen with chrome electrical goods; under-floor heating; insect screens; fitted wardrobes; tiled floors; wiring for telephone and television; shared swimming pool and fully landscaped gardens
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 The most popular and successfully rented properties are three bedroom villas with private pools. The average weekly rent from April through to November is €600 per week. It is anticipated that a three bedroom villa with a private pool will rent for a minimum of 22 weeks. It is certainly possible for the property to be rented for more than the 22 week season and the majority of the properties do rent for a much longer period, but 22 weeks is a cautious estimate.
Therefore 22 weeks x €600 = €13,200
We work closely with a rental company that will provide the following services:
- All advertising to find occupants for the property
- Meet clients at the airport
- Prepare the property, beds made, pool cleaned etc
- Provide a Welcome Basket and a Welcome Meeting
- A mid week Towel and Linen change
- Arrange Car Hire and Excursions for clients
- Clean the property at the end of the stay in readiness for the next clients
- All cleaning and laundry costs
 For this service €130 pounds will be deducted per week from the rental income.
Therefore €13,200 (22 x €600) minus €2,860 (22 x €130) = €10,340 Net Return
to the property owner.
Property within a community with a communal pool can be rented out for income but expect a return of half that of a detached villa with a private pool.
 Rental properties will require a Greek rental license known as an EOT licence. The licence costs 5,000 euros and lasts for 5 years. The EOT is a way of ensuring that the property lives up to Greek tourism standards.
Realpoint Property Greece work closely with rental companies in the area and will assist and guide our clients thorough the rental process.
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