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cc5184 - A BEAUTIFUL SMALL DEVELOPMENT OF 3 x 3 BEDROOM TRADITIONAL STONE HOUSES TO BE BUILT IN LOVELY PART OF UNSPOILT RURAL CRETE

Price €160,000 plus taxes

traditional stone house development in CreteLocation
This small development of three houses is located in the centre of the island and about 1km off of the main road between Agia Galini and Rethymno. The area is idyllic being a very attractive and natural part of this beautiful island, and only a short drive from the unspoilt beaches of the south coast. The nearest centre for shopping would be the lively village of Spili, which offers a bank, post office, medical centre and several supermarkets. Rethymno would be the nearest large town which is approximately 35 minutes drive away.

The Development
These properties are to be built on a plot of about 1700m² within a small olive grove which adjoin a quiet country road. The views are wonderful of the surrounding hillsides. Each property will offer approximately 105m² of liveable accommodation and located on their individual plots of approx 550m².

inside example photograph of the house constructionBuild on two levels these houses are not of the usual white painted concrete, so often erected these days as traditional homes, but are in natural local stone. This enhances the look of the property and offers a natural coolness inside during the long hot summer. The houses will have fitted kitchens but the price does not include white goods, although some fitted bedroom cupboards are included. The first floor will be tiled in ceramic with the second floor of wood. The ceiling will also be wood (see photograph on the right), giving these properties a distinctive look and feel not often found in new constructions. The property will have oil fired central heating and will also offer a feature fireplace and will be uniquely atmospheric .

Swimming pool can be added at an additional cost if required.

Ground floor plan, First floor plan, Site plan

Payment Terms
cc5184_mapOn hearing of a number of problems people are having on Crete with the purchasing off plan properties from some property construction companies, this developer will only require payment in stages and is not looking for the normal 70% to 80% deposit so often demanded. As part of the contract a strict construction timescale will be agreed between parties and will be adhered too. We will also offered our project management services for free to oversee this development. This offer is not made because we think that there will be problems but precisely the opposite. Because we have full confidence with this development company we can't foresee any issues. Having been involved with them on a number of projects in the past, we have found them be very trustworthy, honest , reliable and conscientious.
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Stage 1 €30,000 Contract deposit including the plot purchase
Stage 2 €15,000 Commencement of excavations of the foundations
Stage 3 €40,000 Commencement of the stone work, columns, beams, floors, roof, feature fireplace, door and window frames, electrical & plumbing installation (first fix)
Stage 4 €40,000 Commencement of tiling, bathroom/kitchen fittings, windows, doors, shutters and wardrobes
Stage 5 €20,000 Exterior/interior painting, plumbing & electrics (second fix)
Stage 6 €15,000 Upon completion of the outstanding / snagging work
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Building time is expected to be 8 months from the signing of the contract

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Interested in this development  then email property@crete-connections.com quoting the reference number