A spacious 2 bedroom house with traditional features with a self-contained 2 bedroom studio with independent entrance. The property enjoys magnificent sea views. Located in the unique Panorama Sea Front Homes development next to Panormo village near Rethymno in West Crete, where each home has been individually architect designed for the discerning client.

Ground Floor (31,56m2): Comfortable Studio with a master bedroom, a small room and one bathroom with shower. The outdoor space offers a roofed veranda with garden and private/ independent entrance (as per plans).

First Floor (78m2):Includes an open plan sitting/ dinning room with kitchen. Provision for a fire place at extra cost. Steps leading to 2 bedrooms and a bathroom with shower.

The property includes spacious verandahs with fantastic unobstructed sea views.

Specification will include fixtures & fittings, natural stone, central heating, double glazing, satellite TV point, pathways and gardens ready to be landscaped.

Our in house property Management Company will ensure the best possible after sales service.

Choose one of our few remaining elegant architect designed one, two or three bedroom homes and enjoy the peace and relaxation of the Cretan coast at this paradise-like setting.

   Greek mortgages up to 100% can be arranged subject to status.

Panormo Village Location

Panormo is a typical example of a Greek village, whitewashed buildings gleaming in the mid day sun, a mini-maze of back streets sloping gently down to the small harbor and pretty beaches. There's the traditional village square, with tavernas and Kafenions acting host to the backgammon players where all day waiters serve ouzo and tiny plates of olives and cheese. Once a thriving harbour and a home to wealthy merchants, the old dilapidated houses are being renovated and restored with great elegance. This is the Greece of haphazardly painted blue doors and rough washed walls, behind which hidden courtyards and gardens display potted plants and widow's dress in black - timeless!

In and around Panormo you'll find small beaches of smooth sun-warmed pebbles, sandy coves, some with water sports facilities, fishing, diving etc. There is a golf course only 55 minutes away. For shopping the village has mini markets, a bakery, butchers, gift shops, post office, car hire etc. Driving time to Iraklion airport is 45 minutes and 65 minutes to Chania. There are buses, which go regularly to Rethymno, Heraklion and Chania making Panormo an ideal base to explore many parts of Crete

Panorama Sea Front Homes.

Completed July 2007 the seafront development lies on the western side of the tranquil un-spoilt fishing village of Panormo, 58 km west of Heraklion and only 20 km from Rethymno with its magnificent old Venetian town, harbor and new marina.
“Panorama Seafront Homes” is a new luxury freehold housing development of international standard marked by high quality construction. It comprises housing units that vary in terms of size and design, to cater for permanent residents as well as holidaymakers. The Greek Tourist Board (EOT) has approved all units for rental.
Each Unit has its own distinct style, which blends with the natural environment and ensures privacy for its residents. Each home has been designed and positioned to maximize the magnificent sea views.
This small community of stylish homes, some set in their own gardens with private swimming pools, offer traditional features with modern building specifications, creating new yet rustic dwellings in a peaceful sea side setting. In addition to the private properties, the project includes common areas with a communal swimming pool and pathways.

The Houses, Apartments & Studio-Pricing.

The development comprises detached, semi-detached, terraced houses and apartments. They all have spacious verandahs and balconies with magnificent unobstructed views of the Aegean Sea. For aesthetic variety, the units are not identical

Prices from 112000 Euro to 276500 Euro

Why Panorama Sea Front Homes is the right choice for you:

1.        Suburb waterfront location
2.        Very competitively priced and one of the few available seafront properties in Crete,
3.        Easy to resale due to location, design and facilities
4.        Superior build quality and specification with respect to the local architecture.
5.        Private and individual design of each property.
6.        No property, capital gain or local taxes
7.        Excellent rental potential - EOT licenses
8.        Central position, only 40 minutes drive to Heraklion airport.
9.        Low maintenance costs
10.        Panormo is a traditional living village; you can be part of the local life.
11.        100% Mortgage and financing subject to status.
12.        Suitable for either holiday of permanent living.
13.        Friendly local people
14.        Very close to the village but in a peaceful and quite position
15.        Low cost of living
16.        Easy access to main towns and two airports
17.        Panormo has a Marina for boats
18.        Low crime rate
19.        A selection of very good restaurants
20.        Several small secluded beaches close by
21.        Beautiful landscape and a mild, healthy climate
22.        Golf course within a 55 min drive.
23.        Excellent capital appreciation prospects

This project presents a sound investment opportunity with a significant potential for capital appreciation.

Payment schedule:

- 2%-Downpayment.
- 15%-Upon completion of tiling.
- 83%-Upon house completion

Not Included:

- Legal expenses for the transfer of the ownership of the property (approx. 8% of the property price).
- Electrical appliances
- Light fittings
Sample of Additional Items:
- Air-condition: 800 € (9.000 BTU)
- Storage in basement: 650 €/m2
- Private Parking place: 3.750€/place

Estimated management expenses/house:

- 0.8-1.00 € per sqm per month

Contact: Living In The Sun Tel: UK 01590 626266