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Crete is the largest of the Greek islands

and the 5th largest island in the Mediterranean sea, with a population of more than 600,000 permanent residents. It is a pillar for the Greek tourism industry, but also a major supplier of agricultural products to Athens!

The island is famous for its special cuisine (which represents the famous Mediterranean diet), but also for the hospitality of the Cretans, who love tradition and “philema” (untranslated Greek word for treating guests in a very hospitable and friendly manner)!

Given that Crete is quite self-sufficient, in terms of agricultural production, Cretan cuisine is based mainly on fine local products such as honey, olive oil, cheese products, nuts and wine, which stand out for their exceptional quality.

Architecturally, the island differs depending on the area you visit. The capital (Heraklion) is more modern, while Chania, Rethymno and Agios Nikolaos are more picturesque, featuring elements from the Venetian period. So much so, that the Chania city, is also known as the “Little Venice of the Mediterranean"!

Archaeologically and historically, Crete is entirely an open-air museum with hundreds of attractions, which travel the visitor from the Minoan era, to the Venetian rule, from the folk tradition of the revolution against the Turks, and from rocky monasteries and old churches to majestic gorges and impressive caves.

In terms of tourist infrastructure, the island features modern hotels, lodgings, marinas, restaurants, wedding venues, and shops, able to serve over 2.2 million visitors per year (for over 8 months, thanks to the mild Mediterranean climate and the daily sunshine).

The constant tourist traffic to the island of Crete, coupled with the professionalism of its residents, has established the island as a centerpiece for international investors or buyers. In fact, Crete, according to a survey of leading real estate agencies, is a top destination for luxury holiday home buyers, recording Return on Investment (ROI) up to 5.4%.

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Why invest in Crete?

✔ Has a highly developed tourism business sector

✔ Offers safe investment opportunities

✔ Is a top destination for luxury holiday home buyers

✔ Holiday houses of the island are designated investment products

✔ Has a network of professionals that ensure high-level services

✔ Provides a friendly institutional and legal environment to facilitate investment

 

Why stay in Crete?

Crete has 600.000 permanent residents, who are mainly employed in agriculture, fishing, and tourism. There are also 32.500 residents of various nationalities, some of whom come from countries such as England, Russia, and China.

It is a cosmopolitan island with a well-developed tourism sector, which has always been a popular destination for investors who were investing in large hotels. Over the past 15 years, however, it has also become a destination for investors in smaller homes or luxury cottages.

The island of Crete has a modern road network, necessary infrastructure, and is connected to Athens with daily flights throughout the year. While in the summer season, it is also connected daily with flights with Thessaloniki, Rhodes, Mykonos, and Paros.

The modern infrastructure of Crete:

✔ airports in Heraklion, Chania, Sitia, and Tympaki

✔ ports

✔ large hospitals

✔ universities and private colleges

✔ modern road network

✔ buses 

✔ taxi

The island of Crete features theaters and cinemas, and hosts plenty of sport and cultural events (festivals, concerts, festivals etc.) and especially traditional festivals, that bring together residents and tourists, thus creating a warm and welcoming community ambience.

Six reasons to visit Crete. See more HERE.

CONTACT US

Now, as you were able to get a picture of who we are, it is up to you to contact us and lay the foundation for a new and successful business relationship

+30 2111 823834 – 36

info@vtr-invest.com