Villa 580 м² in Ierapetra, Greece

4 207 979 $

7 255 $ /м²

4OW07

Villa 580m² in Greece, Ierapetra. Priced at 3600000€ rent photo- #1

Villa 580m² in Greece, Ierapetra. Priced at 3600000€ rent photo- #2

Villa 580m² in Greece, Ierapetra. Priced at 3600000€ rent photo- #3

Villa 580m² in Greece, Ierapetra. Priced at 3600000€ rent photo- #4

Villa 580m² in Greece, Ierapetra. Priced at 3600000€ rent photo- #5

Villa 580m² in Greece, Ierapetra. Priced at 3600000€ rent photo- #6

Area

580 м²

Bedrooms

Bathrooms

Luxury 4 bedroom villa in Ierapetra, Greece

This is a luxury villa that has been recently built on a 3 acre plot 3 km from the town of Ierapetra on the road to Makrigialos. The plot is flat with a slight slope to the south. The plot is accessed by a public road which is directly connected to the main road. The biggest advantage of the plot is the beautiful and unobstructed view of the Libyan Sea, the town of Ierapetra and the island of Chrysi. The coastline is 85m away and the beach is 120m away. There are 9 luxury villas with swimming pools within 500m and more than 25 (existing or planned) within 1,000m. In addition, there are 5* hotels near the mansion. At a distance of 200 m there is a grocery store and at 250 m there is a bakery. Finally, at a distance of 210 m there is a bus stop (public transportation). Property description The surrounding area is fully landscaped with perimeter walls, gardens, plantings and lawns. The building was designed and built by the renowned and award winning architectural firm "O25 Architects" based in Greece (Thessaloniki, Athens, Crete), Germany (Düsseldorf) and the UK (London). It is worth noting that the building has an excellent architectural design as well as the construction materials used. Description by level: - Ground floor of 101 m² which consists of an open space with kitchen and full electrical equipment, living room, bathroom and

Additional details

Property type

Elite

Object type

Villa

Price

4 207 979 $

FAQ

In Greece a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Ierapetra; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Greece finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Greece takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Ierapetra short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (4 207 979 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Ierapetra: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).