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  • €250,000
  • 3 bedrooms
It is 1,000 . a nice square plot, which is located in the coastal suburb of Rethymno called Perivolia. Perivolia is approximately 4klm from central Rethymno, and you can drive, cycle or walk to the center from the coastal promenade road. The plot is located 10 minutes from the sea, and the area has hotels, tavernas and restaurants, shops and deli cafes, bistrots, in the coastal road. The location of the plot is nice, although without a view of the sea, is in the middle of nearby plots of land and green areas quitet and family environment neighborhood that gives out an air of calmness and countryside.

There is a built old house inside the plot, of 200 τμ , consisting of one apartment on the first floor (which is in good condition although needs some maintenance) and a storage apartment of 100 . on the ground floor which can be converted in to an independent new apartment or the whole building can be converted into one large villa and the buyer has the legal right to build more . if he wishes to enlarge the building, or add attics, or orangeries / pergolas and verandas. There is plenty of space in the garden for a pool, or garden shed, or barbeque (or altogether!) or if someone wishes to convert the plot in a tourism investment, he can build bungalows to accommodate a business there. The plot is fenced and the garden has been taken care of and has beautiful fruit trees and greenery, but it also needs to be taken care of. The top floor apartment has 3 bedrooms, a sitting area with a fire place and an open plan living room and kitchen (which is in very good condition) and a large veranda. It has water and electricity. A private road is leading to the plot from the main road so the new owner can fence it by stone and add a large entrance to the plot. The property comes with full legal and other authority documents, no burdens or other legal restrictions, registrar certificates, engineer report on the blueprints of the house and the engineer/architect is based in Crete, speaks good English and will be able to assist the new buyer in any maintenance or transformations and additions he wishes to do with the house. New owners can of course also demolish and rebuild according to their requirements. Local craftsmen are easy to find and construction works can be done for relatively small budget.

Our asking price, as per the latest appraisal by engineer and property agents in the area and in accordance with relevant properties in the area, is 250,000 Euros. Except from being a great holiday family location, it can be an excellent investment for expatriates who wish to also obtain a EU Residency visa for them and their family. As per the latest investment law in Greece, any foreign person acquiring a property over the amount of 250,000 Euros is eligible to apply for a EU residency permit for them and their family.
It is 1,000 . a nice square plot, which is located in the coastal suburb of Rethymno called Perivolia. Perivolia is approximately 4klm from central Rethymno, and you can drive, cycle or walk to the center from the coastal promenade road. The plot is located 10 minutes from the sea, and the area has hotels, tavernas and restaurants, shops and deli ...
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