New construction project Rethimnon, Crete

Imagine waking up each morning to a refreshing sea breeze and a spectacular view of the azure waters of the Mediterranean. You can make this dream your reality with the new semi-detached villa development in the charming coastal village of Panormos, Crete. Picture yourself living in a luxurious space where modern sophistication meets the tranquil beauty of island living.

This exclusive development offers a selection of carefully constructed villas, each one presenting an opportunity for an idyllic lifestyle or an attractive investment for short-term rentals during Crete’s bustling summer season. With projected high returns, your investment in one of these properties is not just a lifestyle choice, but a savvy financial move.

Each 98 square meter villa is meticulously designed to maximize comfort and elegance. The layout includes four well-appointed bedrooms, ensuring plenty of space for both families and guests. At ground level, an open-concept kitchen with dining area is the heart of the home, flowing seamlessly into a cosy living room. From here, step out to your own private oasis—the garden with a pristine swimming pool, perfect for soaking up the sun or enjoying a quiet evening under the stars. The convenience of a ground floor bedroom and toilet adds to the thoughtfully planned design.

As you ascend to the first floor, two additional bedrooms await, along with a sleek bathroom complete with modern fixtures. The attic crowns the villa, housing the master bedroom which boasts an en-suite bathroom and a generous veranda. Here, indulge in the ultimate luxury—an open-air jacuzzi, just the spot for unwinding with a glass of local wine while taking in the panoramic sea vistas.

Every villa pays homage to the modern traveler’s needs. They are delivered fully furnished with a chic and contemporary flair. Climate control is achieved through air conditioning units suitable for both cooling and heating, ensuring your comfort no matter the season. Furthermore, sustainability and efficiency are not overlooked, with solar panels for water heating highlighting the eco-friendly ethos of the development.

With a completion date set for May 2024, these villas promise to be a haven of tranquility and contemporary elegance. Situated merely a 60 km drive from Heraklion Airport and around 87 km from Chania Airport, convenience is key, whether you’re jetting in for a holiday or catering to international guests.

The options within this development cater to a range of preferences and budgets:

• K1A – 100 m² – 290,000 euros
• K1B – 98.70m² – 350,000 euros
• K1C – 94.50 m² – 380,000 euros
• …
• K3C – 105 square meters – 540,000 euros
• K4D – 97.60 square meters – 500,000 euros

Dreams of a Cretan retreat can become your reality. Whether you’re imagining a summer sanctuary for yourself or a lucrative rental property, these villas are poised to fulfill those desires. Each home offers a compelling blend of luxury, comfort, and stunning natural surroundings — your own slice of paradise awaits.