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Available

Luxury Seafront Villa with Pool in Sitia

Sitia, Lasithi

€1,600,000

Description

Set on the seafront in Sitia, this exceptional villa comprises three autonomous residences — a central maisonette and two independent wings — offering rare flexibility for large families or groups seeking both togetherness and privacy. Construction uses premium natural materials: stone, wood, and carefully selected finishes throughout. The master bedroom enjoys panoramic views over the Bay of Sitia and features a bathroom with jacuzzi. The 30 sqm private pool invites relaxation with the Mediterranean as a backdrop. A fully equipped BBQ area with a wood-fired oven and a generous outdoor dining space complete the picture. The Mediterranean garden, planted with aromatic herbs and local vegetation, creates a soothing and fragrant atmosphere. Every outdoor space has been designed to make the most of the Cretan climate and sunsets over the bay. Sitia is one of the most charming towns in eastern Crete, with its lively harbour, fish tavernas, and local market. Sitia airport is just 7 km away, making arrivals and departures straightforward. A prestigious address for exceptional seaside stays.

Features

Seafront
3 autonomous residences
30 sqm pool
Jacuzzi
BBQ
Wood-fired oven
Sitia Bay views
Premium finishes

Rental estimate

Estimated nightly rate

280 - 0

Estimated occupancy rate

0%

Estimated annual revenue

85,000 - 0

Estimated gross yield

Net after expenses & taxes: 3%*

Data based on Lasithi 2025 comparables (Airbnb, Booking.com). Occupancy aligned with Lasithi average (~55%). Net deducts: 20% management, ENFIA, maintenance, Greek income tax.

* 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

Three autonomous units on a single title: that is the core strength of this Sitia seafront property. With simultaneous multi-booking, gross annual revenue can exceed €85,000 — rare performance at €1.6M on the waterfront. Sitia airport is 7km away, cutting logistical friction for guests and extending shoulder seasons. Bay views, jacuzzi, BBQ: the premium package justifies high-season nightly rates of €400-500. Estimated net yield around 3% — consistent with seafront assets at this level.

AvailableSitia seafront, 3 residences, pool

Luxury Seafront Villa with Pool in Sitia

€1,600,000

4

bedrooms

3

bathrooms

179

sqm

land: 900 sqm

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