PROPERTY IN HERAKLION, CRETE
Heraklion is still the gateway to Crete, and this ancient fortress
city contains so much of the islands history from the Minoan Palace
at Knossos to todays Shopping Centres, it cannot be ignored.
The City is the islands major hub, home to the sea port and airport
and as such all roads lead to or from Heraklion. As a major
commercial centre the city has a large number of banks, insurance
specialists, and all the professional help needed to invest in the
area, which is one of the fastest growing in Greece.
This area has a wide range of real estate and areas of development
and every thing for todays investor/developer, including a water
park and a golf course, for the more discerning there are a wide
range of beaches, and with the islands seven month summer they make
a very pleasant place to be, and from an investors point of view a
very good place to invest.
All along the coast there are a number of beachside options from
Kokkini Hani, past Gouves, Chersonissos, Koutouloufari, Stalida, and
into Malia, these provide a wide range of development options. There
is accommodation of almost every sort from cheap and cheerfull rooms
to rent, to pleasant hotels providing either family enviroments or
discreet luxury many of which provide excellent business
opportunities. There is still a growing need for development or
rejuvenation not just for holiday accommodation but for permanent
housing for the increased number of workers in all sectors.
The area is also home to a vast array of Shops, Cafes, Bars, and
Resturants, to meet almost every taste from a fast food burger or
souvlaki to first class resturants providing popular menus from
around the world, but as is always the case business can usually be
improved. Many businesses are for sale offering opportunity for
For those who want to benefit from the continued desire for housing
there are ample chances to create luxury villas, and apartments to
meet the ever growing demand for housing to live in this interesting
environment. The wide range of opportunities to live amongst some of
the islands past glories, and to visit the wide variety of
archeological sites, and places of interest, one of the closest
being the Minoan Palace at Malia, is an attraction to the area for
If a quieter pace beckons along the coast to Sissi, with it’s
pleasant little harbour and you will be well rewarded, it’s
neighbour Milatos has an even gentler pace. Both area offering
potential developer or investor.
Heraklion along with east crete is just what todays investor needs.
There is already a strong Real Estate presence in
the area and recently the world leader in Real Estate, Remax have
developed a presence in the form of
Remax Professionals. There are
also smaller developers in the area and the new concept of
Fractional Ownership may soon become popular.