New seafront 2-bedroom maisonette with high rental potential (EOT license). The property is situated on the fringes of the waterside fishing village/ resort of Panormo, overlooking the charming harbour and a secluded pebble beach. Rethymno 15 minutes drive.

The maisonette is one of a small development of 4 independent dwellings, each with separate courtyard and entrance, enjoying verandahs/terraces overlooking the small harbour and the village as well as a beautiful pebbly beach. All houses are serviced with fully fitted kitchens & bathrooms, fitted wardrobes, full central heating system, solar panel etc.

These maisonettes are for permanent and/or holiday living and can also be used for rental purposes as an investment (EOT licenses).

Situated in a quiet corner of one of the most picturesque villages in this area, east of Rethymno, in a small but protected bay, which is easily accessible. The development is found only about 100 m from the center of the village where all local life is concentrated (shops, bars, tavernas etc). The immediate area surrounding the properties cannot be developed, since it is made up of communal park areas and some archeological sites.

House 277 B-Two bedrooms: The two storey property, has an area of 77,48 m² . Ground floor includes a kitchen/dining room, a sitting room and a WC. A spacious terrace at the entrance of the property affords nice views to the front pebbly beach and the sea. An interior staircase leads up to the first floor consisting of a master bedroom with its own balcony offering magnificent views to the harbour, a second bedroom and a spacious bathroom with bathtub.

Price: 179.000 €. Legal expenses not included.


Panormo is an historical and traditional bustling village containing beautiful, old buildings overlooking the quaint little harbour. The surrounding beaches offer small, sandy bays where all kinds of sea-sports can be enjoyed. Panormo is a village, which enjoys local life throughout all seasons of the year. One can enjoy living there whether as a permanent home and/or as a holiday home. Tourist development in the region is small-scale and does not disrupt local life in any significant way. You will find all kinds of shops here - super markets, butchers, bakeries, chemist, as well as a post office. It has lively tavernas, bars, kafeneions and restaurants.

A frequent bus service to both Heraklion and Rethymno connects this quaint village to the 2 nearest cities. The nearest 24-hour Health Center and two banks are in the town of Perama – a mere 10 min away. Also a 10-minute drive away, is the beach of Bali, which attracts tourists because of its small, secluded beaches and the nearby beautifully renovated Monastery of St. John.

The National Road (1km) links most major towns on the north coast of the island and offers easy access to: Rethymno (15 min); Heraklion (45 min) to the city and/or the airport; Chania (75 min) to the city and/or the airport.