Villa à Plaka, piscine, à 275 mètres de la mer
€693,000
Description
In Plaka, a short walk from Agios Nikolaos, this 200 sqm villa sits on a 2,000 sqm plot across two floors. Two bedrooms, four WCs, a private parking space and a swimming pool. The sea is 275 metres away on foot. Built in 2016, the property is currently being finished. It sits in a well-established coastal village, facing the island of Spinalonga. Plaka looks straight out at Spinalonga, the fortified island that draws thousands of visitors every summer. The blend of historical heritage and beach life gives the village a character unlike anywhere else on the coast. Sunset behind the island, evening walks along the bay, tavernas with a view: it is the kind of setting that sells itself to travellers before they even arrive. Lasithi remains 30 to 40% below western Crete prices.
Features
Rental estimate
Estimated nightly rate
282 - 0 €
Estimated occupancy rate
0%
Estimated annual revenue
92,604 - 0 €
Estimated gross yield
Net after expenses & taxes: 7.4%*
Blended estimate: Kairos ADR model + 72 Airbnb comparables (EUR 542/night, elounda zone, 2 bedrooms). Excluding management fees.
* 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 3,465 euros per sqm, this villa sits above the Plaka average, which typically ranges from 2,800 to 3,200 euros per sqm for comparable properties. The premium is partly justified by the 275-metre sea access, the 2,000 sqm plot and the pool. Key watch point: the under-construction status means the delivery timeline and contractual guarantees must be carefully reviewed before signing. Two bedrooms will limit rental yield potential compared to a three-bedroom equivalent. In Plaka, peak-season short-term rental rates run between 1,800 and 2,400 euros per week. The fundamentals are sound, but legal and technical due diligence on the sale contract is non-negotiable. Kami.
Villa à Plaka, piscine, à 275 mètres de la mer
€693,000
2
bedrooms
2
bathrooms
200
sqm