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6157 sqft
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2691 sqft
Real estate in Ellinika
The Kriti region in Greece is a hotspot for international property buyers and investors, with Ellinika being a prime location for those seeking their dream home or a beachfront apartment in a quintessentially Greek setting. This charming area in Crete, boasting a breathtaking coastline and traditional Mediterranean architecture, is often referred to as the "Pearl of the Aegean" or "the Greek Haven" for its stunning landscapes and structures. Before you get in touch with a local real estate broker, explore the market trends in the region, the available properties in Ellinika, and the price range of holiday homes in such an exotic location. The thrilling blend of culture, history, and natural beauty in Ellinika adds an irresistible charm to the property market here. This, combined with the serene Mediterranean climate, ensures that owning a home in Ellinika is more than just an investment, it's a lifestyle.
Ellinika properties: Market trends overview
The real estate market in Ellinika, Kriti, Greece, has seen a constant price appreciation over time that has drawn in international investors and buyers, particularly from Scandinavia, the UK, Germany, and the USA. The geographical position of Ellinika at the southernmost point of Europe bestows it with a lovely coastal location, enabling a blend of tranquillity and continuous holiday activities, due to multiple recreational centres, golf courses, and the nearby bustling city of Heraklion. Ellinika provides a lively seaside backdrop, abundant historical and cultural treasures, and an exceptional quality of living. Throughout the past several years, local authorities in Ellinika have been contributing more towards the town's enhancement, offering a variety of real estate options for national and international home seekers. These include chic and practical townhouses, apartments, modern villas, traditional maisonettes, and luxurious penthouses. The town is known for its simple and white-washed architectural style that blends perfectly with the surrounding Mediterranean landscape. Discovering a property for sale in Ellinika that matches any budget and lifestyle preferences is an easy task, making this beautiful Greek town a top choice for international buyers.
Average price of a property for sale in Ellinika
What should you anticipate to pay for properties in Ellinika, Kriti? The price is influenced by several variables, such as the type of property, the proximity to historical landmarks and beaches, available facilities, and individual preferences (including size, luxury features, accessibility, etc.). Thus, there isn't a definitive answer to this question. Recent data indicate that the highest asking price for property for sale in Ellinika, Kriti was €2,639 per square meter. The costliest properties are typically located in the area encompassing Ellinika's historic center. On the other hand, the most affordable properties, averaging €1,875 per square meter, are found in the outskirts of Ellinika. The average listed price for a house in the region is currently approximately €510,572.
Types of properties can you find in Ellinika
Ellinika, Kriti, Greece, boasts an array of properties suitable for every taste, ranging from modern apartments to lavish villas, stunning seaside properties, and classic Greek homes. The most desirable properties are often housed within secure residential communities. Here, potential homeowners can find spacious apartments with 3-4 bedrooms and extensive terraces or two-story houses each with its own entrance, generous terraces, and independent kitchens. For those looking for a more luxurious touch, there's the option of newly built villas positioned in prime locations within Ellinika. These properties provide breathtaking views of the Aegean sea and are conveniently located within walking distance to the beach, making them the perfect place for a permanent residence or a vacation home. The diversity and charm of the properties in Ellinika, Kriti, Greece, are sure to captivate any prospective homebuyer.