Crete

welcome to crete, greece

Crete is an island where rich history meets breathtaking natural beauty. From ancient Minoan palaces and charming traditional villages to sun-soaked beaches and vibrant towns filled with local markets and tavernas, Crete offers a diverse real estate landscape that caters to every lifestyle and dream.

Over the years, Crete has blossomed into a place where laid-back island living combines with modern comforts and amenities. The real estate offerings range from hillside villas with panoramic sea views to cozy stone homes nestled in picturesque villages, and contemporary residences perfect for those seeking tranquility without sacrificing accessibility.

Living in Crete is about embracing a lifestyle rich in culture, nature, and warmth. Here, you can explore archaeological wonders during the day, enjoy fresh Mediterranean cuisine on a seaside terrace by evening, and retreat to a home that reflects your personal style and connection with the island. For buyers looking for a unique blend of history, beauty, and modern living, Crete presents unmatched opportunities to invest in paradise.

DIONYSOS VILLAGE

in overview

Dionysos Resort in Sitia, Crete is a rare real estate investment opportunity offering one of the largest redevelopment projects in Greece. Set directly on the Gulf of Sitia and only 10 minutes from the Vai Palm Forest, this expansive coastal property features 395 residential units and 76 commercial spaces, making it ideal for investors, developers, and hospitality brands seeking a high-potential mixed-use resort in Crete.

With a prime waterfront location, panoramic sea views, and strong year-round tourism demand, the property is perfectly positioned for transformation into a wellness resort, yoga retreat center, holistic therapy complex, eco-friendly hotel, or luxury hospitality village. The existing buildings offer a flexible blank canvas for large-scale renovation, allowing investors to create modern wellness facilities, spa amenities, organic restaurants, and curated health and lifestyle experiences.

As one of the most unique properties available in Eastern Crete, Dionysos Resort delivers exceptional investment potential, long-term ROI opportunities, and significant development value in one of Greece’s fastest-growing real estate markets. For visionaries looking to acquire a landmark property with unlimited possibilities, this resort in Sitia, Creteoffers unmatched scale, location, and future growth prospects.

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GREECE GOLDEN VISA & RESIDENCY ADVANTAGES

Certain regions of Greece, including Crete, are subject to a higher Golden Visa threshold due to sustained demand. Under Law 5100/2024 (effective September 2024), Crete requires a minimum€800,000 investment in a single residential property with at least 120 sq. m. of living space. Short-term/Airbnb rentals are not permitted, and full payment must be completed before applying.

Permit term: 5 years, renewable while the investment is maintained.

GOLDEN VISA TERMS & ADVANTAGES

GOLDEN VISA TERMS
- Residency may be extended to the spouse,children up to 21, parents, and in-laws
- No physical residence in Greece required
- Investors may establish a business in Greece
- Unrestricted travel within the Schengen Area & ability to travel directly from a home country.
ADVANTAGES

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A Timeline of Events

STEP 1

- Obtain a TAX ID Number “AFM”
- Open an account at a Greek bank
STEP 2 — PRELIMINARY AGREEMENT

- An offer is accepted
- Preliminary Agreement is signed & a 10% deposit is placed
- Funds are transferred from your overseas bank
STEP 3 — PROPERTY TRANSFER & CLOSING

- Legal & registry process
- Balance paid
- Ownership registered
Timeline: 45–60 days
STEP 4 — RESIDENCY PERMIT

- Application submitted after closing
- Processing: ~6 months
- No stay requirement during processing

CLOSING COSTS

In Greece, the initial offer does not include a deposit. Once an offer is accepted, the attorney prepares the Preliminary Agreement, which serves as the binding purchase agreement and acknowledgment of the earnest deposit.

THE FOLLOWING CLOSING ESTIMATES ASSUME A MINIMUM PURCHASE PRICE OF $100,000.

If the purchase price is below €100,000, certain professional fees are commonly calculated at a minimum price of €100,000.
If the purchase price exceeds €100,000, percentage-based fees are calculated on the actual purchase price.

GOVERNMENT & REGISTRY
- Real Estate Transfer Tax: 3.09%
- Deed registration (Land Registry /Hellenic Cadastre): ~0.6%
LEGAL & PROFESSIONAL
- Attorney Fee: Applying for TAX ID Number “AFM” & Opening a Greek Bank Account: €400 + 24% VAT
- Attorney Fee: Hellenic Cadastre coordination & deal oversight: 1% + 24% VAT
- Attorney Fee: Title search (Registry & Land Registry): €250.00 + 24% VAT
- Notary fee: 1.5% + 24% VAT (plus administrative and copy charges)
TRANSACTION
- Buyer’s broker real estate commission: 5%, based on a minimum purchase price of €100,000

Get in Touch

Ready to explore structure, pricing, and eligibility? Contact us to schedule a private conversation, review investment options, residency eligibility, and the next steps.

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