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Crete has always been a jewel in the Mediterranean, but today it is also one of Europe’s most compelling real estate investment destinations. At the heart of this momentum is Elounda Hills, a landmark development on the northeast coast that is redefining luxury living in Greece.
Elounda Hills isn’t just another property project — it’s Crete’s first branded residential resort. Developed on 138 acres overlooking Mirabello Bay, it offers a rare combination of scale, prestige, and sustainability. With over 600 residences, a 5-star hotel managed by 1 Hotels & Homes, and a 202-berth superyacht marina managed by Camper & Nicholsons, the project has global recognition built in.
High Rental Demand – Crete ranks as one of Greece’s most visited destinations, attracting millions of tourists annually. With luxury supply limited, branded residences command premium rental yields.
Capital Growth – Greece’s property market is rebounding strongly. Early sales at Elounda Hills alone have surpassed €130 million, showing strong investor confidence and early appreciation.
Golden Visa Eligibility – With a minimum property purchase, investors can qualify for Greek residency, Schengen-zone visa-free travel, and a pathway to EU citizenship.
Strategic Investment Status – The project is officially recognized by the Greek government as a strategic investment, ensuring long-term security and streamlined approvals.
Timeline for Growth – With phased completion from 2026–2027, buyers are entering at an early stage with strong upside potential.
Compared to saturated islands like Santorini and Mykonos, Crete offers better long-term fundamentals:
This positions Crete as both a lifestyle destination and a resilient investment hub.
Elounda Hills appeals to:
Elounda Hills combines prestige, sustainability, and government-backed security to create one of Europe’s most attractive investment propositions. With limited availability and rising global demand, early buyers are securing their place in what is set to be the most iconic resort in Crete.
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