Villa 518 sqm with pool - Katsikia
€1,220,000
Description
Magnificent 518 m² villa with 6 bedrooms, located in Katsikia in the Lassithi region, just 770 meters from the sea. This exceptional property consists of three luxurious traditional houses built on a hilltop overlooking Mirabello Bay, featuring an infinity pool, spa and direct sea views. The estate benefits from landscaped gardens, multiple terraces and authentic Cretan architecture.
Features
Rental estimate
Estimated nightly rate
83 - 0 €
Estimated occupancy rate
0%
Estimated annual revenue
21,329 - 0 €
Estimated gross yield
Net after expenses & taxes: 1.3%*
* Gross yield = annual rental income ÷ purchase price. Net yield deducts running costs (maintenance, insurance, ENFIA) and Greek income tax on rental revenue. Estimates based on local market data, results not guaranteed.
The Kairos take
Our unfiltered, on-the-ground analysis
At 2355 EUR/m², price justified by the panoramic view over Mirabello Bay and quality amenities. The 6-bedroom format with pool generates a median ADR of 172 EUR/night according to our estimates. Gross yield estimated at 2.1% for this commanding position.
Villa 518 sqm with pool - Katsikia
€1,220,000
6
bedrooms
1
bathroom
518
sqm