Premium New development

1 Bed Property for sale

Portugal

£742,191 *  [€872,000]

1 Bed Property for sale

Portugal

£742,191 *  [€872,000]

Property Details


  • Bedrooms: 1
  • Bathrooms: 0

Features


  • Availability: 1 - 4 bedrooms
  • Price: From €872,000
  • Estimated Completion: Q2 2027
  • Tenure: Freehold
  • Rental Yield: 5%

Full Description


Luxurious Waterfront living in a Mediterranean Bay

Crete's first branded residential resort, Elounda Hills, is a luxury 138-acre development located on the island's northeast coast. Positioned between Agios Nikolaos and Plaka, Elounda offers stunning views, crystal-clear waters, and a mix of local charm and modern infrastructure.

Designed with sustainability in mind, the project will feature over 600 private residences including 1-4 bed expansive villas with private swimming pools and unparalleled views, all powered by renewable energy and crafted with locally sourced materials. Elounda Hills will also include a boutique marina, private beach, spa, restaurants, and a 1 Hotels-managed marina hotel.

With phase 1 set to comeplete in 2027, buyers can enjoy exclusive services, access to Greece's Golden Visa and complimentary property management.

About the Project:

* Located in Crete, Greece

* Golden Visa Eligible

* Ultra luxurious 138 acre complex

* Apartment and Villas

* Resort Style Amenities

* Breathtaking Mediterranean views

Amenities:

* Private Swimming Pools

* Beach club

* Restaurants

* Spa

* Gym

* Botanical Garden

* Designer Retail Outlets

* Piazza

* Kids Club

* Sports Playground

* Games Room

* Work Space

* Mini Mart

* Gelateria

* Amphitheatre

* Helipad

Payment Terms:

€5000 to reserve

20% down (-€5000)

25% on construction

25% on finishes

20% construction finish

10% on key handover (Q2 2027)

Why Crete?

* Golden Visa Eligible Residential Project

* Greece 'Europes Leading Destination' 2024

* Enjoy Visa Free Access Around the Schengen Zone

* 300 days of sunshine annually

* In 2023, Crete drew over five million global tourists

* Greece attracted 33 million visitors last year making it the world's 10th most visited country

* Warm climate, beautiful landscapes, rich culture

Crete's natural beauty, from rugged mountains to pristine beaches along its 1,000-kilometer coastline, invites exploration through activities like hiking, sunbathing, and enjoying 300 days of annual sunshine. The island is home to hidden coves, dramatic cliffs, and charming villages, making it a haven for nature lovers and sun-seekers. Rich in culture and history, Crete boasts world-renowned Minoan ruins and an abundance of local cuisine to indulge in. For luxury travelers,

Elounda stands out as a premier destination, offering world-class accommodations, dining, and private residences overlooking the serene Mirabello Bay. Whether exploring ancient sites or relaxing by the sea, Crete promises an unforgettable experience in one of the Mediterranean's most sought-after locations.
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Map may not show exact location

This property listing (ref: 19597-EloundaHills) is an advertisement supplied by Benoit Properties and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8532 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.