Village House for sale
Arkardi, Rethymnon, Crete, Greece
Full Description
Authentic Stone Complex with Restoration Permit – Unique Development Opportunity in a Traditional Cretan Village
Nestled in the heart of the traditional village of Kato Tripodo, between the culturally significant settlements of Margarites and Ancient Eleutherna, this remarkable property offers a rare combination of historical charm and development potential. Surrounded by unspoiled Cretan nature and just 14 km from the sandy beach of Panormo, it lies only 26–27 km from the city of Rethymno and 8 km from the town of Perama, which provides all essential amenities.
The property comprises a land parcel of 1,613.80 sq.m. and features a complex of three interconnected stone structures with a total built area of 250 sq.m. These buildings, formerly used as a traditional olive mill and factory, preserve numerous architectural elements of local craftsmanship and require full restoration.
A fully authorised restoration and development permit has already been issued, allowing for the conversion of the existing structures into a residential complex with two independent luxury villas with private pools. The project includes the addition of new buildings, with a total approved built area of 387 sq.m. (within a total building allowance of 400 sq.m.). The design respects and highlights the character of the original stone construction while incorporating new volumes to create a harmonious blend of tradition and contemporary functionality.
The vision for the property supports touristic development, making it ideal for luxury rural accommodation in a setting of peace, privacy, and authenticity. The area is home to some of Rethymno's most visited destinations, including the Museum of Ancient Eleutherna, the ceramics workshops of Margarites, and the historic Arkadi Monastery.
This property presents a rare opportunity for investors or individuals seeking a unique restoration project in one of Crete’s most picturesque and culturally rich regions.
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