The island of Crete, in the heart of the Mediterranean, offers year-round sunshine, breathtaking scenery, historic archaeological sites, authentic cuisine, and soon, it’s very first branded residential resort: Elounda Hills.

Purchasing an exclusive home at Elounda Hills opens the door to Greece's Golden Visa programme and allows you to live a luxurious Mediterranean lifestyle all year round, surrounded by the striking architecture of this world-class development.

About the Greek Golden Visa Programme

Since its launch in 2013, the Greek Golden Visa Programme has become an exceptional gateway to Europe, offering visa-free access to the Schengen area for business and leisure travellers alike. This residency-by-investment programme not only accommodates individuals but extends to families across generations, allowing you to include your spouse, underage children, and even unmarried children up to 21 years old who are financially dependent on you.

One standout feature of the Greek Golden Visa is its inclusivity – you can add your parents to the application without proving financial dependency. In fact, if your children are over 18, they can take the lead as the primary applicant, including you as parents in their application, fully funded by you.

The application process is designed to be simple, efficient, and hassle-free. Residency approvals are granted in as little as four to six months following submission of biometrics and there is no mandatory stay in Greece required to maintain your status.

Benefits of investing in the Greek property market

  • You will be investing in a booming property market in one of the world’s top-performing economies.
  • You will own a Euro-valued property investment with a Euro-based income.
  • You can benefit from both short- or long-term rental options, both offer fantastic returns.
  • By investing in a property you will be eligible to apply for a Greek Golden Visa.
  • Properties are built and ready to rent.

Elounda Hills

Developed by Mirum Group in collaboration with eco-conscious lifestyle hotel brand, 1 Hotels, Elounda Hills is a luxury 138-acre resort on the island’s north-east coast. Built into an ancient hillside overlooking the Aegean Sea, it's an extraordinary spectacle where 600 privately owned residences start from €811,000.

With a natural amphitheatre carved into the rock, the centrepiece of Phase 1 will include:

  • Hilltop Residences 1 & 2 bedrooms from EUR 811,000
  • Terrace Villas 2 & 3 bedrooms from EUR 2,534,000
  • Mirabella Villas 4 bedrooms from EUR 4,687,000
  • Five Ralph Lauren Home designed villas POA
  • A 129-key hotel with Bamford Wellness Spa and 257 residences, the majority of which will be serviced by 1 Hotels.
  • Each home will feature unobstructed views of the Mirabello Bay and the Aegean Sea.
  • Camper & Nicholsons Marinas will provide management, operational and branding services to the boutique marina at Elounda Hills, creating a new global destination for yacht owners and enthusiasts.
  • The boutique marina will be surrounded by a private sandy beach, watersports centre, tennis courts, kids’ club and teens’ lounge. 
  • There will also be a 13-key boutique marina hotel by 1 Hotels, retail piazza with shopping boutiques, workspace and a dozen restaurants and bars, alongside additional seasonal mooring for superyachts.

Purchasing a branded residence at Elounda Hills will also allow buyers to apply for Greece’s Golden Visa programme, entitling them to Greek residency and visa-free access to the Schengen area.

Sable International has secured some early buyer pricing which includes a complimentary electric buggy upon delivery of their home. Phase 1 is scheduled for completion in 2027.

Our Offshore Real Estate and Investment Migration team will be happy to discuss this option further and answer any questions you have. Please feel free to contact us at rei@sableinternational.com if you have any questions.

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