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Crete- Lasithi (east Crete)- Sitia / Makrigialos / Mochlos

€165,000 ( £165,000 approx. )
Property code: CBV1- New / Re-sale Property - Bedrooms: 2
Property Description
Newly built homes. Properties in Makrigialos 300m from Lagoufa beach. 2 bedroom/2 bathroom townhouses of approx. 94sqm (140sqm including terraces) on plots of 146 – 273sqm. Once completed, these properties will have EOT rental license. They also benefit from landscaped roof terraces.

Just 2 town houses (numbers 3 and 4 on the master plan) are left available for sale.

They are part of an organized complex of 15 detached homes within the town plan of Makri Gialos. Nearly half of the homes on this complex have already been sold.

This is a unique development that combines privacy for all owners with private gardens and verandas, great sea views, wonderful scenery all around as well as the use of a tennis court, playground and, of course, a large swimming pool.

A 5 Star hotel with all its amenities is also within walking distance, as is the beach.  For those who want a more private beach, Diaskari Beach can be reached within a 2 minute drive.

These homes are perfectly designed to operate both for family vacations and also as a  potential for property investors, with a guaranteed rental income. With an onsite management, low maintenance cost, safe area, easy access to everything,  these homes offer a unique opportunity.

Markrigialos can be easily accesssed from Heraklion airport via Agios Nikolaos – Ierapetra ( this stretch now has a new road) as does the Ierapetra- Makrigiaolos route. The total distance from Heraklion is about 120Km – about 1.5 hour drive.

Makrigialos (Long Beach in Greek) is one of the quieter, less developed destinations on Crete, with some of the best beaches in east Crete. The local economy is based as much on agriculture as it is on tourism, and when the summer season ends, local business owners look to the olive harvest, which generates some of the finest olive oil in the world.

The town boasts an excellent selection of bars, restaurants, and tavernas, many fronting onto the beach. There is also a small fishing harbour - a pleasant place to stroll around, with its own patch of sandy beach and a cluster of waterfront bars, tavernas and restaurants.

In addition to the Town houses, there are also 2 and 3 bedroom single storey homes for sale with prices ranging from 160 - 180,000 Euros. Please see our website reference CBV3 and CBV4 for details.

Monthly communal fees are approx 60 Euros. (720 Euros annually)

These properties can be offered with a 2 year rental guarantee. If clients wish to take up this offer, an overview of this offer is as follows:

  • 10% discount offered on the sale price on the basis that the developer/constructor rents out the property for 2 years.
  • Owners can stay at their properties for one week in the high season and 3 weeks during the rest of the time (one month in total).
  • After the 2 year rental period has lapsed, owners can rent the property out themselves or through the management company who will run the whole complex.

Additional information:

Optional staged payments over 3 years with no added interest.
Purchase costs are approx. 7%

Spacious verandas and balconies on all units
High quality building materials using 5cm insulation thickness for thermal insulation
Water and thermal insulation on all roof and balconies
Three layers of plaster in all areas (internal and external)
Double glazed aluminium openings, with energy saving profile
Aluminium blinds with injected polyurethane for better insulation, thermal and acoustic.
Fully fitted kitchen with electrical devices
Heat pump for constant flow of hot water with minimum electricity
Inverter electrical radiators for heating with minimum electricity
Inverter air-condition units in all areas
Ceramic tiles in all areas
Vratsa marble in all staircases
High quality interior design. Interior designer available for tailor made design.

2 bedroom/2 bathroom town houses with EOT, shared pool, tennis court and playground  and with 2 year guaranteed rental income just 300m from the beach in Makrigialos, southern Crete.

Property Viewings
As soon as your trip is booked, please contact us to arrange viewings. You can either complete the “Book Viewings” form on our website or email/telephone us with the details. We have many more properties for sale in addition to the ones on the website, so the more information you can give us, the easier it is to find your perfect property. All your viewing details will be confirmed to you in writing via email, so just print it off and take it with you. If you wish to discuss anything at all, please call us – we are here to help you. Telephone: 0208 302 6616 (UK) or 0044 208 302 6616 (outside the UK).

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