#2000
Prestigious Luxury Villa Investment Opportunity in Petrokefali Location: Petrokefali
230.000€
FACILITIES
Description
Prestigious Luxury Villa Investment Opportunity – Petrokefali, South Crete This exceptionally designed residence in Petrokefali, South Crete, presents a distinguished investment opportunity or the potential for a bespoke primary dwelling. The luxurious property showcases an attractive, contemporary architectural design and is currently in an advanced stage of completion, offering the purchaser the significant advantage of customizing key finishes, including fenestration, colour schemes, flooring materials (e.g., tiles), and interior furnishings. The compound comprises a principal residence organized as a spacious maisonette with an accessible attic, a completely autonomous guest annex, and a secure, enclosed parking facility, all situated on a substantial plot measuring 2,120 square meters. The grounds are appointed with a 7 \times 4 meter swimming pool featuring an overflow system and generous undeveloped space suitable for personalized configuration. I. Principal Residence Ground Floor The ground level accommodates the main living areas, including a professionally appointed kitchen supplemented by a dedicated private storage/pantry area. An adjacent, comfortable balcony is provided for al fresco dining. The interior features a spacious and sunlit dining area, while the living room is equipped with a fireplace and large-format glazing that affords expansive views of the pool and surrounding area. The enclosed parking facility is also located on this floor, offering direct internal access to the residence. A dedicated boiler room for necessary heating apparatuses is situated adjacent to the parking bay. Provision exists to repurpose the car park into an expanded storage facility or an additional habitable room, if desired. First Floor Access to the first floor is via an internal staircase. The upper landing features an internal balcony providing a visual connection to the dining and living spaces below. This level hosts the master suite, complete with a private water closet (WC) and an integrated dressing room. Additionally, there are two further well-proportioned bedrooms, the main bathroom, dedicated laundry and ironing facilities, and a designated office space. The master bedroom, office, and one secondary bedroom enjoy views overlooking the pool, courtyard, and local settlement. The remaining bedroom offers unimpeded panoramic views across the Messara plain and Mount Psiloritis, extending visual contact from Phaistos to Mires. The internal balcony grants access to an external terrace (positioned above the living room) suitable for various auxiliary uses. Attic / Loft The office provides access to the loft via an internal folding hatch staircase. This versatile space is intended for multi-purpose use and includes an independent WC, benefiting from a 360-degree panoramic outlook. The roof area is fully accessible, making it suitable for photovoltaic system installation or as supplementary functional space. Technical Specifications (Initial) The preliminary design specifies state-of-the-art climate control, including underfloor heating supplied by a heat pump, solar thermal panels, and fan coils. The capacity to modify the designated heating system is available. II. Guest Annex A fully self-contained and autonomous guest house is integrated into the ground floor with its own separate entrance. This annex features one bedroom, a dedicated bathroom, and an additional functional room, with views directed toward the swimming pool and courtyard area. III. Exterior and Plot Configuration The 2,120 sq.m. plot is bound by the main Mires-Petrokefali-Matala road to the north and a local settlement road to the south. Concreting has been finalized for the 7 \times 4 m overflow swimming pool and its associated engine room. Plans include the construction of a bakery and a grill area adjacent to the pool. The grounds feature a mature walnut tree and ample undeveloped space suitable for landscaping with gardens, trees, lawns, or a playground. The north boundary accommodates both the outdoor pedestrian entrance (leading to the building via a corridor) and the external vehicular entrance, which leads to the closed parking via a gently sloped ramp. Significant external space is available for additional vehicle parking.
Selling Price:
230.000€
COST & TAXES
Estimated Total
Buying Cost
| Asking Price | 230.000€ |
|---|---|
| 3% Transfer Tax | 6.900€ |
| 3% Notary / Land Registry | 6.900€ |
| 2.5% Real Estate Fees (not inc. VAT 24%)* | 5.750€ |
| * Minimum commission of 1500€ | |
| 2% Estimated Lawyers's Fees (optional - not inc. VAT 24%) | 4.600€ |
| Total potential expenses | 24.150€ |
LOCATION
Petrokefali
Petrokefali is a traditional village in the Valley of Messara. The famous Matala Beach and Kommos are just a few kilometers away. In the village there is the double temple of the Holy Spirit and Annunciation, the church of Panagia and Agios Eleftherios. During the feasts of the temples, they are celebrated with traditional Cretan dances. The rezidens of the village often organize and other festivals to preserve their traditions and customs.
DISTANCES FROM
AIRPORT:
63km
PORT:
60km
HOSPITAL:
53km
SHARE
Prestigious Luxury Villa Investment Opportunity – Petrokefali, South Crete This exceptionally designed residence in Petrokefali, South Crete, presents a distinguished investment opportunity or the potential for a bespoke primary dwelling. The luxurious property showcases an attractive, contemporary architectural design and is currently in an advanced stage of completion, offering the purchaser the significant advantage of customizing key finishes, including fenestration, colour schemes, flooring materials (e.g., tiles), and interior furnishings. The compound comprises a principal residence organized as a spacious maisonette with an accessible attic, a completely autonomous guest annex, and a secure, enclosed parking facility, all situated on a substantial plot measuring 2,120 square meters. The grounds are appointed with a 7 \times 4 meter swimming pool featuring an overflow system and generous undeveloped space suitable for personalized configuration. I. Principal Residence Ground Floor The ground level accommodates the main living areas, including a professionally appointed kitchen supplemented by a dedicated private storage/pantry area. An adjacent, comfortable balcony is provided for al fresco dining. The interior features a spacious and sunlit dining area, while the living room is equipped with a fireplace and large-format glazing that affords expansive views of the pool and surrounding area. The enclosed parking facility is also located on this floor, offering direct internal access to the residence. A dedicated boiler room for necessary heating apparatuses is situated adjacent to the parking bay. Provision exists to repurpose the car park into an expanded storage facility or an additional habitable room, if desired. First Floor Access to the first floor is via an internal staircase. The upper landing features an internal balcony providing a visual connection to the dining and living spaces below. This level hosts the master suite, complete with a private water closet (WC) and an integrated dressing room. Additionally, there are two further well-proportioned bedrooms, the main bathroom, dedicated laundry and ironing facilities, and a designated office space. The master bedroom, office, and one secondary bedroom enjoy views overlooking the pool, courtyard, and local settlement. The remaining bedroom offers unimpeded panoramic views across the Messara plain and Mount Psiloritis, extending visual contact from Phaistos to Mires. The internal balcony grants access to an external terrace (positioned above the living room) suitable for various auxiliary uses. Attic / Loft The office provides access to the loft via an internal folding hatch staircase. This versatile space is intended for multi-purpose use and includes an independent WC, benefiting from a 360-degree panoramic outlook. The roof area is fully accessible, making it suitable for photovoltaic system installation or as supplementary functional space. Technical Specifications (Initial) The preliminary design specifies state-of-the-art climate control, including underfloor heating supplied by a heat pump, solar thermal panels, and fan coils. The capacity to modify the designated heating system is available. II. Guest Annex A fully self-contained and autonomous guest house is integrated into the ground floor with its own separate entrance. This annex features one bedroom, a dedicated bathroom, and an additional functional room, with views directed toward the swimming pool and courtyard area. III. Exterior and Plot Configuration The 2,120 sq.m. plot is bound by the main Mires-Petrokefali-Matala road to the north and a local settlement road to the south. Concreting has been finalized for the 7 \times 4 m overflow swimming pool and its associated engine room. Plans include the construction of a bakery and a grill area adjacent to the pool. The grounds feature a mature walnut tree and ample undeveloped space suitable for landscaping with gardens, trees, lawns, or a playground. The north boundary accommodates both the outdoor pedestrian entrance (leading to the building via a corridor) and the external vehicular entrance, which leads to the closed parking via a gently sloped ramp. Significant external space is available for additional vehicle parking.
