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Non-binding visualisation
Non-binding visualisation
Non-binding visualisation
Non-binding visualisation
Non-binding visualisation

Private Co-Ownership · Elounda, Crete

Two cave villas above the Gulf of Mirabello.

Two cave villas cut into a hillside above the Gulf of Mirabello, shared by no more than six owners. Thirty private villa-days a year, professionally rented in between, and a Co-Owner group small enough to know each other.

Plot
4,500 sqm
Living area, two villas
640 sqm
Co-Owners
up to 6
Private use per share
30 villa‑days a year
The upper villa at dusk with the pool lit and the terrace open to the garden
Non-binding visualisation, current planning status
Pool terrace with sun loungers and a view across the bay
Non-binding visualisation, current planning status

The place

One of Crete's most beautiful coastlines, from above.

Nestled in a Mediterranean mountain landscape on the Gulf of Mirabello, looking across the bay to Spinalonga. Plaka Beach is two and a half kilometres away, Elounda eight, Heraklion's airport an hour.

Elounda and the surroundings

The Gulf of Mirabello with the island of Spinalonga
The Gulf of Mirabello and Spinalonga

The model

A manageable ownership group instead of an anonymous large-scale structure.

The plot and both villas are held by a German GmbH & Co. KG with at most six Co-Owners. Each 1/6 share carries thirty private villa-days a year; outside those, the villas are rented professionally so that the rental is intended to cover the costs and taxes of private use.

How the Co-Ownership works

Open-plan living room and kitchen with the terrace doors slid open
Non-binding visualisation, current planning status

Register for the full presentation.

Members see every render, the floor plans and the model in figures. The initiator, a Co-Owner himself, sees who has registered and is glad to arrange a personal meeting.

Non-binding visualisation, current planning status