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George Varaklas Real Estate
George Varaklas Real Estate
Presented At
€800,000
Bedrooms
4
Bathrooms
3
Living
1,647
SQM
Fireplace
Air Conditioning
Basement
Terrace
Outdoor Living Space
Parking
Garden
Fire Pit
Pool
Mountain View
Panoramic / Scenic View
Investment Property
Community of Kallithea, Nea Alikarnassos, Greece. - Photo 1
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Community of Kallithea, Nea Alikarnassos, Greece. - Photo 3
Community of Kallithea, Nea Alikarnassos, Greece. - Photo 4
Community of Kallithea, Nea Alikarnassos, Greece. - Photo 5
Community of Kallithea, Nea Alikarnassos, Greece. - Photo 6
Community of Kallithea, Nea Alikarnassos, Greece. - Photo 7
Community of Kallithea, Nea Alikarnassos, Greece. - Photo 8
Community of Kallithea, Nea Alikarnassos, Greece. - Photo 9
Community of Kallithea, Nea Alikarnassos, Greece. - Photo 10
Community of Kallithea, Nea Alikarnassos, Greece. - Photo 11
Community of Kallithea, Nea Alikarnassos, Greece. - Photo 12
Community of Kallithea, Nea Alikarnassos, Greece. - Photo 13
Community of Kallithea, Nea Alikarnassos, Greece. - Photo 14
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Community of Kallithea, Nea Alikarnassos, Greece. , Community of Kallithea , Nea Alikarnassos

1629858 – Luxury Maisonette for Sale ,Nea Alikarnassos, 153 sq.m., €750,000

Luxury Maisonette for Sale – Wheelchair Accessible – 153 sq.m. – Prassas, Nea Alikarnassos, Heraklion Crete In a peaceful location with unobstructed sea and mountain views, a newly built luxury maisonette of 153 sq.m. is available for sale. Currently under construction (completion August 2024), this property is designed with modern architecture, smart home technologies, and is classified as Energy Class A+. The residence is spread across 3 levels (basement, ground floor, and first floor) and includes: 4 bedrooms (1 master), 4 bathrooms, a modern fully-equipped kitchen, a spacious living room, an attic and storage room. Key Features: Private swimming pool & landscaped garden BBQ, open verandas with panoramic views Heat pump – Independent heating & cooling per level Air conditioning, solar water heater Aluminum window frames with thermal and sound insulation Smart home infrastructure, electric shutters, EV charger Internal staircase, security door Open private parking space Location: Situated in a quiet residential area of Prassas, just minutes from the sea, Heraklion Airport, the city center, and all necessary amenities (supermarkets, schools, public services). Ideal for permanent residence, holiday home, investment, or Golden Visa acquisition. Price: €800,000 George Varaklas Real Estate [hidden information] [hidden information] [hidden information]

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3D Street View Tour

Map showing Community of Kallithea, Nea Alikarnassos, Greece.

Property Location

Community of Kallithea, Nea Alikarnassos, Greece., Community of Kallithea Nea Alikarnassos

Local Weather & Climate

Community of Kallithea, Nea Alikarnassos

Current Conditions Updated recently
62 °F
Scattered clouds
Feels Like 60°F
Humidity 59%
Wind 32 mph
Visibility 6.2 mi
Sunrise 5:22 AM
Sunset 3:40 PM
5-Day Forecast
Mon 26 Jan
Rain
High 60°
Low 53°
Tue 27 Jan
Rain
High 55°
Low 51°
Wed 28 Jan
Clouds
High 62°
Low 53°
Thu 29 Jan
Clouds
High 64°
Low 54°
Fri 30 Jan
Clear
High 63°
Low 52°
Annual Climate Based on last 12 months
61° Avg Low
Mar
74° Avg High
Jul
116 Rainy Days
per year
Arid
Semi-Arid
Moderate
Wet
25" Annual Rainfall
Semi-Arid climate
Monthly Temperatures
Jan
63°
51°
Feb
65°
52°
Mar
62°
50°
Apr
69°
55°
May
76°
61°
Jun
84°
70°
Jul
89°
76°
Aug
88°
76°
Sep
82°
70°
Oct
75°
61°
Nov
73°
59°
Dec
64°
53°
Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Community of Kallithea?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Community of Kallithea. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $80,000,000 20% down ($16,000,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$6,874
$6,874/day
Your home may appreciate while you sleep
$48,253/week $209,096/mo $2,509,149/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$44.0M
vs
OWN 📈 +$62.4M
$62.4M Potential Equity
vs $44.0M lost to rent over 10 years
$16.0M Down Payment Growth
3.9x
10yr
$62.4M
8.1x
20yr
$129.3M
12.6x
30yr
$202.0M
Wealth Comparison
×481
Equivalent to 481 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $202.0M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $94.2M +18%
Market $108.9M +36%
Optimistic $125.7M +57%
$62.4M est. equity
20 Years
Conservative $111.0M +39%
Market $148.4M +85%
Optimistic $197.6M +147%
$129.3M est. equity
30 Years
Conservative $130.7M +63%
Market $202.0M +153%
Optimistic $310.5M +288%
$202.0M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This house at Community of Kallithea, Nea Alikarnassos, Greece features 4 bedrooms with 1,647 square feet of living space.
This property offers 1,647 square feet of living space.
This property is listed at $80,000,000, which equals $48573 per square foot.
Based on current market indicators, Community of Kallithea shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
Community of Kallithea features a pleasant climate. Average temperatures range from 61°F in winter to 74°F in summer. The area receives approximately 25 inches of precipitation annually. There are about 116 days with rain throughout the year. This climate information can help you plan for seasonal activities and energy costs.
Community of Kallithea tends to be warmest in Jul and coldest in Mar. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.
This is a house located in Community of Kallithea, Nea Alikarnassos. The property is situated in an established neighborhood with convenient access to local amenities and services.
George Varaklas Real Estate

George Varaklas Real Estate

George Varaklas Real Estate

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