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Properties for Sale in Malia, Kriti, Greece

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Real estate in Malia

The island of Kriti in Greece is a magnet for international home-buyers and investors. If you are in pursuit of your dream house or looking to buy a seaside apartment in a stunning location, then Malia should certainly be on your radar. This vibrant town, nestled in the Heraklion region, is known for its breath-taking beaches and traditional Greek architecture, earning it the nickname "Palia Poli" or "Old Town" for its charming buildings and landscapes. Before reaching out to a local estate agent, it is imperative to familiarize yourself with the real estate market in Malia. Explore the variety of properties available for sale, from quaint townhouses in the heart of the town to luxury villas overlooking the sea. With such diverse offerings, Malia caters to a wide range of budgetary requirements, making it possible to own a vacation home in such a distinctive and beautiful location. Delve into the cost, quality, and type of properties in the area to contribute to your decision-making process and enable you to make an informed investment.

Malia properties: Market trends overview

Malia's real estate market has witnessed consistent appreciation of property values, making it a sought-after destination for international buyers and investors. It appeals particularly to individuals from the UK, Germany, Scandinavian countries, and the United States. The strategic position of Malia on Crete's northern coast offers a perfect blend of tranquil living with an animated and lively vacation experience, courtesy of numerous activity centers, golf courses, and easy access to the bustling city of Heraklion. The town of Malia is renowned for its lively beach environment, abundant historical sites, and high-standard lifestyle. Over the past few years, local bodies in Malia have put more emphasis on the area's evolution, offering a broad range of properties to local and foreign property seekers. Among the property types available are contemporary townhouses, apartment complexes, minimalist-style villas, classic Greek cottages, and penthouses. Discovering property and apartments for sale in Malia, Greece, that meet all budgetary and lifestyle needs is uncomplicated, making the seaside town incredibly welcoming to international buyers. Thanks to its beachside setting, rich cultural essence, and the mix of traditional and modern properties, Malia is fast becoming a hotspot in the real estate market of Kriti, Greece.

Average price of a property for sale in Malia

So, what might be the average price for properties in Malia, Kriti? This is a difficult question to answer definitively due to numerous elements that can shift the price, including the property's style, its distance from the old town and beaches, available facilities, and individual choices (luxurious aspects, size, ease of access, etc). Most recent information suggests that the highest listed price for a property for sale in Malia is roughly €2,492 per square meter. The most pricey properties are usually situated in the Malia-Elounda district. In contrast, the most affordable houses, with a mean price per square meter of about €1,850, are typically found in the Hersonissos-Malia area. At present, the average asking price for a property in Malia is approximately €532,870.

Types of properties can you find in Malia

Malia, Kriti, Greece, boasts a variety of real estate options, ranging from compact apartments to lavish beachfront villas, chic penthouses, and traditional Greek cottages. The top-notch property for sale can be found in secure residential communities. You can find apartments with 3-4 bedrooms including spacious balconies and double-story houses. Interestingly, these houses have distinct entrances for each floor, complete with sprawling balconies and private kitchens. If you're leaning towards a more luxurious lifestyle, consider a newly constructed villa situated in a prime location in Malia. These properties offer breathtaking sea views, are within walking distance from the beach, and provide an exceptional living environment. The diversity and charm of properties in Malia, Kriti, Greece, make it an attractive destination for all types of homeowners and investors.