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Real estate in Marathos
Kriti island in Greece, particularly the region of Marathos, can be a paradise for those seeking a home or investment property overseas. If your vision of a dream home includes sun-drenched locales and tranquil beaches, Marathos should indeed be your cornerstone. This Greek village, nestled within the Chania region, is renowned for its stunning coastline and quintessential white-stoned houses, earning the moniker "Lefko Chorio" or "White Village" for its striking architecture and panoramas. Before you commence your dialogue with a local property dealer, it's advisable to familiarize yourself with the real estate landscape in Marathos. Explore what properties are currently on the market, and get an understanding of the costs associated with securing a vacation home in this idyllic Greek location. Not unlike Mijas in Spain, Marathos in Kriti is a haven for those seeking a getaway from the hustle and bustle, a place where the blue of the sea meets the white of the architecture in a harmonious blend.
Marathos properties: Market trends overview
The real estate market in Marathos, Kriti, Greece, has witnessed a consistent rise in property prices, making it an appealing option for international investors and property buyers, particularly those from Scandinavian countries, the UK, Germany, and the US. The enticing location of Marathos by the coast offers the perfect blend of a relaxed lifestyle with an exciting holiday experience, thanks to numerous leisure facilities and golf courses and its close proximity to the vibrant city of Heraklion. Marathos exudes a rich historical charm, spectacular coastal views, and offers a superior quality of life. In recent times, the local authorities in Marathos have been actively investing in the town's development, offering a wide choice of property types for both domestic and foreign home buyers. The array of property options include contemporary townhouses, apartments, modern villas, traditional Greek houses, and luxurious penthouses. With Marathos real estate market offering properties and apartments for sale that cater to a variety of budget and lifestyle requirements, the coastal town is fast becoming a desirable destination for foreign property buyers. The blend of the town's traditional white architecture with modern infrastructure truly adds to its charm.
Average price of a property for sale in Marathos
What can you expect to pay for properties in Marathos, Kriti? There isn't a definitive response due to many elements that can sway the cost, including the type of property, its closeness to major attractions and the beach, available facilities, and personal preferences (expansive features, dimensions, accessibility, etc.). Recent data indicates that the peak asking price for properties on sale in Marathos, Kriti was at €2,500 per square meter. The priciest properties are typically located in the Marathos-Paleochora area. At the other end of the spectrum, properties with the most competitive prices, averaging around €1,800 per square meter, can be found in the Platanos-Marathos district. The current average listing price for a residential property in Marathos hovers around €530,000.
Types of properties can you find in Marathos
Marathos, Kriti, Greece, real estate presents a wide range of property options, including modern apartments, upscale rooftop penthouses, high-quality seafront homes, and traditional Greek villas. The most sought-after property for sale is typically found within secure residential communities. There are 3-4 bedroom apartments available, boasting expansive balconies, and two-storey homes are also prevalent. Each floor in these homes often has its own access point, alongside roomy terraces and individual kitchens. Alternatively, you might be interested in a newly-built house situated in a prime Marathos location, providing unobstructed sea views, within a short walk to the beach, making it a perfect place for a dream life. The blend of both modern and traditional architecture represented in the properties of Marathos is something to be admired.