real estate crete “What is the approximate cost of such an Investment?”
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It depends; the following factors affect the price of the property:

  • size of the land

  • size of the house or apartment

  • geographic location

  • availability

  • type of house or apartment

Normally you would expect higher prices for seaside property, especially if they come with a swimming pool, garden, sea view and parking space. Prices are lower for apartments, but again it depends on the size and the area.

Lamda properties own the land and build the property with the highest standards, yet they retain full control on the price. The following table indicates a price range for certain types of property:

Type of Property Location Size Extras Estimated Price
Villa Fodele >130sq. Meters View, Pool/ Garage, Garden, Heating, A/C € 320.000
Apartment Heraklion >85sq. Meters View, Parking, Storage € 190.000
Villa Elounda >130sq. Meters View, Pool/ Parking, Garden, Heating, A/C € 320.000
Villa Panormo >85sq. Meters View, Pool/ Parking, Garden, Heating, A/C € 160.000
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