Private Stone-Built Villa in Prines

Location: Prines, Rethymno

Reference: VR115

Size BTA: 130 sq. m.

Plot size: 730 sq. m.

Swimming pool: 40 sq. m.

Bedrooms: 3

Bathrooms: 2

Construction: 2010

Furnished: Yes

EOT licence : Yes

Price: 349.000 € 2.5% brokers’ fee + expenses not incl.

A Magnificent Villa in Wonderful Surroundings....

Kreta Eiendom s.a was established by Ellen Hansen

in 2002, and has rapidly become one of the most

reputable property developers on the island. The

main office is located in the old town of Rethymno on

the north coast.

For over a decade, Kreta Eiendom has helped hun-

dreds of people turn their dreams of owning a prop-

erty on Crete into reality. Please contact us for refer-

ences from our customers.

It’s easy to fall in love with this wonderful island, as

it has so much to offer. Whether you are looking to

acquire a new permanent residence, a holiday home

or just make a solid investment, there’s no better

place and no-one more experienced than Kreta Eien-

dom to help you achieve your goal.

We look forward to being at your disposal to help

you find your dream home on the beautiful island of

Crete.

Responsible property consultant

Ellen Hansen

General Director

Ellen Hansen

Mobile: 00 30 6973349000

Office no :0030 28310 21430

post@kretaeiendom.no

Kreta Eiendom SA

Arkadiou 1

Rethymno, 74100

Crete, Greece

Welcome to Crete....a better quality of life...

The traditional village of Prines is 6 kilometers

from the centre of Rethymnon and only 4

kilometers from the sea. It has the beautiful

old church of St. Nicholas which was built in

the 13th century and a charming fountain

that has been providing crystal clear water

non-stop for many centuries.

The village itself is beautiful with lush

greenery, mainly in the form of olive trees,

and is ideal for those who love nature and

the peace and quiet it offers.

The historic village of Prines has only a few

small shops, as would be expected of a small

rural village, but all your basic needs can be

met by a mini-market, some traditional cafes

and an excellent taverna providing home

cooked, authentic Cretan cuisine.

The nearest beach is Koubes beach which is

situated approximately 4 km away, while the

beach of Petres is only 6 km away. The large

bustling town of Rethymno, also at a distance

of 6 km, with its wide variety of tourist

amenities is a mere 10 minute drive from

Prines.

Welcome to Prines...

Luxurious Traditional Stone Villa ...

This traditional 130 square metre stone-built villa is fully air-conditioned and has 3

bedrooms, 2 bathrooms and sleeps up to 6 people. Occupying a plot of 730 square-

metres of beautiful privately landscaped garden, a feeling of tranquillity and calm exists

due to the use of natural materials in the building and decoration of this villa. The 10m X

4m fully alarmed swimming pool with Roman End is set in an attractive sun terrace

providing a setting of complete relaxation.

A Comfortable & Relaxing Atmosphere….

The ground floor of the villa has a spacious open-plan living room with fireplace and a

dining area with a wonderful view out over the terrace & swimming pool. The whole of

the ground floor area offers a comfortable & relaxing atmosphere with its combination of

stone walls, cool fresh colours & warm earth tones. The villa has central heating, air

conditioning and is sold fully furnished:as shown in the photos.

Modern construction with a traditional touch...

On the first floor of the villa you will find the charmingly furnished master bedroom, with

en-suite bathrom . From the master bedrom there is access to a fantastic terrace which

offers amazing mountain views.

On the ground floor are 2 bedrooms and a bathroom, a fully equipped kitchen with

attractive dining area and a spacious living room with stone fireplace.

Bedrooms with balcony and sea view...

3 Charming Bedrooms & 2 Romantic Bathrooms

This well laid out villa combines traditional charm and contemporary luxury . Every room provides scenic

views of either the impressive swimming pool or the beautifully designed garden and surrounding landscape.

Privacy and relaxation within picturesque surroundings...

The villa is suitable for holiday rentals....

Rental rates for the villa in 2014 :

The villa has a potential annual

Income of 37,000 Euro.

Price per week:

Off Season: € 1.015

Low Season € 1.140

Mid Season: € 1.450

High Season: € 2.000

The villa has been approved by

the Greek Tourist Authority

and holds a valid EOT licence.

Only properties that hold a

current EOT licence are legally

entitled to be rented out to

tourists in Crete .

In many countries when purchasing a property, a

lawyer is responsible for the drafting and the

registration of the sales contract. In Greece however

we have a separate legal profession known as

‘Notaries’. A notary is responsible for drafting any and

all legally binding contracts. Buying a property in

Greece cannot be completed without their

participation.

The notary fee is calculated in most cases at 1.6 %

including tax and the ‘Land Registry’ fee is calculated

at 0.475 - 0.575 % plus 23 % VAT respectively. The

notarial fee decreases as the amount of the

transaction increases.

On properties where the Building Licence was issued

before January 1st 2006, real estate transfer tax is

charged at 3,09% of the price.

On properties where the Building Licence was issued on

or after January 1st 2006 and the seller is a developer-

contractor, taxation of 23% of the purchase price will

apply.

The legal fee is a matter of agreement but it is usually

1% of the property price or a minimum of 1.500 euros

plus taxes.

Additional expenses when buying a property...

Property Details :

Location: Prines

Municipality : Rethymno

Orientation: North

Reference: VR_115

Size BTA: 130 sq. m.

Plot size: 730 sq. m.

Pool: 40 sq. m.

Bedrooms: 3

Bathrooms: 2

Floors: 2

Construction year: 2010

Price: € 395.000

Expenses: € 20.214

Total price: € 415.214

Expenses include:

Notary, Registration Fee

and Transfer Tax.

The expenses are subject

to change calculated on

the final sale price.

Expenses do not include:

Lawyer’s fee 1% and 2,5%

agent fee calculated on

the final sale price.

EOT license.: Yes

Annual income: €37.000

Estimated rental income is

9% of the invested capital

per year.

Villa Floor Plans...

Buying property in Greece is different than in many other parts of Europe, but is certainly

not difficult. Kreta Eiendom’s personal service includes guiding you through the whole

purchasing process and beyond.

The simplest way to buy property as a ‘Non Resident’ in Greece is through ‘Power of

Attorney’. As all buyers are required by law to have legal representation when

purchasing real estate, you will need to retain a lawyer whether you chose to use the

power of attorney process or not. If you don’t already have a lawyer we can assist you in

finding one.

We recommend that you chose the Power of Attorney option as it allows the whole

purchase and construction process to be completed quickly and simply in your absence.

Your lawyer will be able to open a Greek bank account in your name, obtain an

obligatory tax number (AFM), make payments on your behalf and deal quickly and

efficiently with any paper work pertaining to the purchase and construction of your

home.

To instigate Power of Attorney you simply need to complete a form with your personal

details and provide a copy of your passport(s). The Power of Attorney will need to be

stamped by the Greek Consulate. If you don’t have a Consulate in your local area we

will inform you of a simple alternative procedure when the time comes.

If you would like further information regarding the benefits and procedures to obtaining a

Power of Attorney please do not hesitate to contact us.

Please note that the majority of legal documentation pertaining to property transactions

is in Greek. Although a verbal translation is always provided, any official translation of

such documentation will be at the buyer’s expense.

”By using Kreta Eiendom in the legal process of buying

a property, the transaction will be far easier than you

imagine. We simply take care of everything!

Property Buying in Greece...

When owning a property outside of your own country, there are certain practicalities that

need to be considered. General maintenance and repairs, cleaning, tax declarations

and payment of bills to name but a few. With these practicalities in mind, and the ever

increasing demand for high quality after care services, Kreta Eiendom formed its own

p r o p e r t y m a i n t e n a n c e c o m p a n y : ‘ A l p h a t o O m e g a ’ .

Professional, experienced and with good local contacts to professional tradesmen, the

company has gone from strength to strength. Having security, peace of mind and a

reliable service enables the clients of Alpha to Omega to relax and enjoy their time on

the island knowing that their property is in good hands.

If you would like more detailed information regarding the trustworthy and personal

service that Alpha to Omega can provide, please contact us.

Property rental

As a holiday destination, Crete remains ever popular as it offers the perfect mix of sun,

sea and sand along with the fabulous local food & wine that really make a great holiday.

If you do not want to manage the renting out on your own, Kreta Eiendom s.a offers a

complete package of services that takes care of everything from A to Z.

”All this means we can provide you with a

trustworthy, personal service that guarantees

you less hassle and more time to enjoy

your home in Crete."

After Sales Service...

Distances from the Villa :

Rethymno Town : 6 km

Chania Town : 70 km

Beach: 4 km

Shops : 100 m

Taverna: 100 m

Bus stop: 100 m

Walking tour area : 100 m

Heraklion Airport : 78 km

Chania Airport : 65 km

Rethymno Port: 6 km

Location: Prines, North Rethymno

Land of the gods and the island of dreams, Crete is

steeped in history, myths and legends dating back

thousands of years. Ancient monuments and

architectural treasures blend with modern day

structures creating a warm Mediterranean atmosphere.

Everything you’ve ever imagined a magical place to

have and more can be found on this wonderful island.

Exciting night life, archaeological wonders, spectacular

scenery and unique vegetation, the list is endless. With

a lower cost of living than the rest of Europe and an

even lower crime rate, Crete is a very attractive place

to be!

The largest and most southerly of all the Greek islands,

Crete has over a thousand kilometers of spectacular

coast line. Long sandy beaches, hidden coves and far

reaching peninsulas, surrounded by the Ionian Sea to

the north and the Libyan sea to the south, Crete is one

of the most fascinating and diverse places in the world.

Divided in to four counties; Chania, Rethymno,

Heraklion and Lasithi, each county of Crete has a

character of its own. As you travel across the island, the

rolling landscape and breath taking scenery may

change, but the warmth and friendly hospitality of the

local people always remain the same. They open their

hearts and their homes, eager for you to share their

culture, learn their traditions and sample their cuisine.

Family unity is an important part of life here, revolving of

course around the kitchen table!

Due to the consistently good climate, agricultural and

live stock farming are still the most common industries.

Fruit and vegetables are grown all year round. This

produce, together with their world renowned olive oil

create some of the tastiest and healthiest dishes you will

ever enjoy. No wonder Cretans have one of the highest

life expectancy rates in the world!

Why Choose Crete...

A lot can be said about Crete,

but keep in mind

that the ultimate ecperience

is to come and discover

it for yourself...

Rethymno was carefully chosen by Kreta Eiendom, not

only for its beauty, but also for its location. Situated in

the heart of the island, Rethymno is within easy reach of

Chania, Heraklion and the un-spoilt south coast. There’s

something for everyone and we’re certain you won’t

be disappointed.

With the White Mountains to the west and Psiloritis to the

east, the prefecture of Rethymno is the most diverse

and mountainous of the four counties. Flourishing

valleys and wonderful ravines meet rocky coves and

sandy beaches. The natural beauty and greenery is not

only astounding, but in many ways unique. The fauna

and flora include over two hundred species of plants

and trees that cannot be found anywhere else in the

world.

There are forty thousand inhabitants residing in

Rethymno County. The city itself is the third largest on

the island. Rich in history, the old town was almost

completely rebuilt during the Venetian occupation. The

Venetians of course were not the only ones to occupy

Crete. The Romans, Arabs and Turks to name a few, all

invaded at some point until 1913 when Crete officially

joined Greece.

Today the Old town of Rethymno still retains its

aristocratic appearance. Venetian, Byzantine and

Turkish influences are clearly visible throughout the

narrow streets. Arched doorways, minuets and stone

steps are common sights, with the beautifully preserved

Old Venetian Harbour and prominent Venetian Fortress.

Shopping is a must in Rethymno, we’re sure that you will

find something to purchase in a city that sells just about

everything from leather bags and shoes, to herbs and

spices, clothes, souvenirs and so much more. Apart from

shopping there’s always something happening,

Rethymno has so much to offer and the island as a

whole has even more. As a famous poet once said

‘Crete is not a place you leave, but a place that you

return to.’

Rethymno — You’ll Never Want To Leave...

Please contact us to arrange a private consultation

to discuss your plans for your future dream

project here in Crete....

Kreta Eiendom SA

Arkadiou 1

Office phone: + 30 28310 21430

post@kretaeiendom.no