PRIME NEW-BUILD VILLAS DRIVING CRETE PROPERTY MARKET AS GREEK ISLAND IS THE MOST POPULAR DESTINATION FOR
Aphrodite Seafront Villa
The largest and most southerly of the Greek islands, Crete offers an excellent year-round climate, making it one of Europe’s most popular tourist destinations and also the biggest market for British buyers in Greece. According to Leptos Estates, the leading Greek and Cypriot property developer, new-build properties in prime beachside locations are driving enquiries and sales from the UK, comprising 22% of sales to Brits in the past 12 months, whilst over 50% of enquiries for the fifth phase at Aphrodite Beachfront in Chania are from UK based individuals.
Leptos has three other projects on the island too (Aegean Blue, Fournado & Viglia all looking directly onto the Mediterranean Sea), with a growing community of residents present, as well as future phases under construction.
One of the leading destinations for prime new-build developments on the island, Chania, is one of the greenest and historic parts of Crete. Well known for its picturesque properties – characterised by Venetian, traditional Greek and contemporary styles – a historic harbour and a renowned culinary scene.
Popular with tourists, especially Brits – with the island the most searched holiday destination on Travel Supermarket in 2022 – there are a number of new luxury beachside on the horizon, following the success of recent projects to those looking to secure a holiday home or move permanently to Greece which has been the number 1 Holiday destination in the world for 5 consecutive years.
Extremely well connected by flights, ferries & Cruise ships.
Yiannis Iliakis, Sales Director of Leptos Estates’ Greece office, commented: “Chania is one of the prettiest places on the island of Crete and easily the most charming. Hugging the northwest coast Chania is characterised by colourful buildings, narrow streets and waterfront restaurants. The main town is known for its 14th Century Venetian harbour, with buildings and architectural influences that date as far back as the Ancient Greek and Egyptian periods.
“If we were to compare the west to the east then we would identify Chania as popular with tourists but it’s not overwhelming, so it’s an ideal location to own a holiday home, especially for UK expats that are looking for a traditional Greek lifestyle with the added benefit of being close to tourism hotspots.
“The majority of the famous landmarks and beaches of Crete are located on the West side of the island, which is why it is so popular with British expats and tourists. The International airport of Chania is extremely well connected with the UK and multiple EU cities making it very easy to reach. Even during the winter months, the island remains connected with dozens of flights to and from Athens.
“The Golden Visa program/Permanent Residency Program has made it extremely easy and fast to secure a permanent residency and visa free access to all of the Schengen Zone, also the zero VAT on properties help, so we have seen an uplift in applications and enquiries for these programmes from British buyers since their EU travel rights were restricted post-Brexit.”
Some of the most popular holiday homes for British buyers have been across numerous completed developments in Crete, with a preference for new-build apartments or villas within a secure gated development and close to the beach front.
Viglia Beach Villas
Positioned at the westernmost side of Crete, Viglia Beach Villas, a very exclusive limitededition development that has been inspired by traditional Cretan-style architecture, feature sizeable plots (varying from 1,500 to 2,000 square metres), that provide impressive living areas, sizeable bedrooms with modern-style bathrooms. Ranging in price from €1.25 million to €2.20 million the custom-built villas are just a few metres from an idyllic golden sandy beach and bay.
Aphrodite Beachfront Villas
This coastline development has attracted a lot of interest from UK buyers, with prices starting from €328,000 for a two-bedroom apartment.
Set on a prominent beachfront location, the exclusive development offers a choice of luxury studios, one, two and three-bedroom apartments, penthouses with roof gardens, maisonettes and villas, which look onto a large communal swimming pool. Surrounded by exquisite landscaping of the gardens Aphrodite Beachfront features a gentle stream running through the entire project that leads down to the sea.
Leptos Estates is the leading provider of new homes in Greece and Cyprus.
For more information contact Leptos Estates on Tel: +357 26880120 (Cyprus), +30 28210 20830 (Greece),
+44 7874093174 (UK),