Rent, Commercial, Hotel

For Rent Luxury Villa Complex, Palekastro, Sitia, Lassithi, Crete Nestled in the serene landscape of eastern Crete, near the traditional village of Palekastro in the municipality of Sitia, lies this luxurious villa complex. The property is located just 900 m from Kouremenos Beach, 4 km from the famous Vai Palm Forest, and 14 km from the city of Sitia, where the airport, port, and hospital are situated. A marina for private yachts is also located 900 m away, offering direct sea access. Property Overview Total plot size: 3,337.54 sq.m. Total built area: 1,012.97 sq.m. Consists of 5 luxury villas / 15 suites, arranged in two separate complexes. Each complex is oriented East–West and includes a private swimming pool (4x8 m). Currently 80% completed, ready for final finishing and furnishing. Complex Layout. East Complex (1) – Includes 6 residences (4 ground floor & 2 first floor). West Complex (2) – Includes 9 residences (6 ground floor & 3 first floor). Each unit enjoys autonomy, privacy, and direct pool or garden access.. The entire estate is enclosed with 50 cm thick stone walls, ensuring complete seclusion and security. Architecture & Construction. The villas combine traditional Cretan craftsmanship with modern architectural design, built with top-quality materials: Reinforced concrete frame (25 cm thick) Stone masonry walls (50 cm thick) High-quality plaster finish (three layers) Mixed masonry (stone & brick) in 3 of the 5 villas Elegant gypsum details, hidden lighting, and decorative ceilings Each villa follows a distinct architectural and interior design concept, creating a unique identity: New Classic – Modern – Roco Barocco – Renaissance – New York Style Interior design and furnishings are curated using premium materials and fabrics from renowned European and American design houses. Interior Features Each villa includes: Spacious living room with energy-efficient fireplace Elegant dining area Fully equipped, modern kitchen Master bedroom suite with private office or sitting area Second dining or leisure area Bathrooms with high-end finishes and steam/hamam systems Amenities & Equipment Air-conditioning and heating system Energy-efficient fireplace Hamam (steam bath) Satellite TV system Wi-Fi internet Security cameras & video intercom Solar water heating Underground water tanks Water softening system Air ionization system Outdoor Areas Each villa enjoys: Private swimming pool (4x8 m) Landscaped gardens Roof terrace with sea view (ideal for BBQ or lounge area) Stone-built fences ensuring privacy and harmony with the surroundings Rental Potential The complex represents an exceptional luxury rental opportunity in one of Crete’s most sought-after destinations. It is ideal for operation as a boutique hospitality business, luxury retreat, or exclusive holiday residence, offering high rental yields during the tourist season. For further details, availability, and full architectural plans, please contact us via email or phone.