A residence built to a 5-star standard
Each Creta Hills residence is a two-bedroom home with a private heated pool, 100 m² in total, delivered fully furnished and equipped in Nea Magnisia, Rethymno. It is designed to be lived in for your own weeks and let as luxury accommodation for the rest of the year, alongside the 5-star RG Village Crete.
What each residence contains
- Two bedrooms, one of them en suite.
- Two bathrooms.
- A veranda and a balcony.
- A private, heated pool.
- Covered outdoor space.
- Full furnishing and equipment.
Space inside and out
Total area is 100 m². The internal area varies by residence, at around 71–73 m²; the balance is the veranda, the balcony and the covered outdoor space - which, in Crete's climate, is used for most of the year rather than a few weeks of it.
The residences are arranged over two floors. The ground floor and first floor plans are shown below; the plans can be downloaded from the gallery, alongside the exterior and interior renders.
Solar energy
Each residence is fitted for solar energy. It lowers running costs across the operating year, which matters more in a property that is occupied most of the year than in one that sits empty.
Delivered turn-key
Residences are handed over ready to use: furnished, equipped and complete, with no additional investment required from the buyer. There is no fit-out stage, no furniture budget and no gap between completion and the first guest.
That is deliberate. A residence that has to perform as 5-star accommodation for most of the year cannot be specified to a domestic standard and upgraded later - it has to meet the standard on day one, and every unit has to meet the same one.
Prices
Prices rise with each phase of the master plan:
- The first 14 residences, Phases 1 and 2: €290,000.
- The 8 residences of Phase 3: €315,000.
- The 48 residences of Phase 4: €350,000.
Living in it, or letting it
Owners can use the residence for up to 30 days a year and let it through the hotel residence programme for the rest, choosing a fixed or performance-based return. How it works explains the operation in full, and how to buy property in Crete covers the purchase.
