Premium New development

6 Bed Villa for sale

Mylopotamos, Crete, Greece

£738,745 *  [€850,000]

6 Bed Villa for sale

Mylopotamos, Crete, Greece

£738,745 *  [€850,000]

Property Details


  • Bedrooms: 6
  • Bathrooms: 6
  • Plot size: 5984 m2
  • Habitable space: 300 m2

Features


  • Privacy
  • Seclusion
  • Breathtaking views

Full Description


This imposing structure is spread across 3 levels and consists of 4 independent units. The entrance door opens to the middle level, which features the 2 main residences measuring 100 sqm each. Inside each of these you will find a fully equipped kitchen and a spacious living room with a staircase leading up to the upper level’s 2 bedrooms and 2 bathrooms. The lower ground level is designed for effortless indoor-outdoor living, featuring the remaining 2 units which enjoy direct access to the outdoor area. Each unit measures 50sqm and contains its very own kitchen and living area along with one bedroom and bathroom. In essence, a total of 300sqm of space offering 4 kitchens, 4 living rooms, 6 bedrooms and 6 bathrooms (200sqm on the upper and middle levels and 100sqm on the lower level).

The interior designs, made from high-quality materials, reflect the owner’s elegant taste and echo the simplicity in the architecture, the natural light and the minimal aesthetics.

Exteriors
Nearly 2,000 sqm of the grounds have been thoughtfully landscaped and fenced. Outside you’ll find a shaded veranda seating area, a covered pergola with a barbecue and dining table, and a 60 sqm private swimming pool with sunbeds, umbrellas and an adjoining children’s pool. The remaining c. 4,000 sqm of generous private grounds remain untouched, a gentle swell of land, dotted with olive trees and yearning for the opportunity to be developed into a peaceful retreat amid aromatic herbs, flowering beds and mature trees.

Location
The location offers the unique privilege of staying in one of the most authentic regions of Crete, where daily life is still shaped by longstanding traditions and deeply rooted values, yet only 25 minutes from the bustling city of Rethymno (and c. 1 hour's drive from Heraklion Airport). Here, the spirit of the island remains genuine and vibrant. In the nearby villages of Melidoni, Margarites, Zoniana and Anogeia, the opportunity awaits to meet local residents, experience their warm hospitality and gain a true sense of Cretan culture and way of life.

Perhaps, more importantly, the surrounding area is rich in remarkable sights. Discover the legendary Idaion Andron cave, located on the eastern slopes of Mount Psiloritis and believed in Greek mythology to be the birthplace of Zeus himself. Visit the cave of Sfendoni and the intriguing wax museum in Zoniana, explore the famous Melidoni Cave, and wander through the traditional pottery workshops of Margarites, where centuries-old craftsmanship continues to thrive. For the history enthusiasts, there is the Museum of Ancient Eleftherna, the first archaeological site museum in Crete, attesting to the existence of Crete’s Homeric past, which rivals those of Olympia, Delphi, and Vergina.

The investment case
The villa presents a unique opportunity for a savvy investor to create a secluded private retreat and play a part in further developing the wider region into a year-round destination of choice for discerning travelers.

The property’s roughly 4000 sqm of private grounds yet to be landscaped lend themselves to creating authentic Cretan experiential tourism initiatives, be it yoga/wellness retreats, private events focused on wine tasting/Cretan gastronomy dining experiences. Cultural tourism represents around 40% of the global tourism economy and is set to continue to grow.

Investors may also want to consider further optimizing the current indoor layout, creating one single structure instead of the presently 4 autonomous units, providing additional upside to what is already a successful operational villa with close to 9 years of track record on the short-term rental market.
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Map may not show exact location

This property listing (ref: Georgia Vranaki) is an advertisement supplied by Infini 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 0.8691 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.