EstateRadar
SMART SEARCH · RIGHT PROPERTY
Crete, Greece

3-bedroom villa for sale

3 Bed 4 Bath 109 Ref. ER-GRC-6587
EstateRadar AI summary

This 3-bedroom, 109 m² villa in Crete carries an asking price of €418,000 (€3,835/m²), sitting 37% below the area median of €6,121/m². Our analytics engine—based on 29 comparables—estimates a range of €551k–€952k, suggesting potential upside, though confidence is Medium. This preliminary estimate warrants further local inspection before investment decisions.

37% below area medianMedium confidence (29 comparables)Sea views + beach proximityTraditional Cretan style

Why EstateRadar AI picked this

Asking price €3,835/m² is significantly below the area's median €6,121/m², indicating possible undervaluation in the current market
AI investment grade A and 6.3% gross yield suggest solid rental or resale fundamentals
Hillside location with sea views over Kissamos bay and proximity to beach (1 km), local harbour and amenities enhance appeal

Overview

Internal area
109 m²
Bedrooms
3
Bathrooms
4
Reference
ER-GRC-6587

Investment analysis

Monthly rent€2,195
Annual rent€26,334
Expenses (annual)€7,374
Net income€18,960
ROI
6.3%
Yield
6.3%
Payback
22.0y

EstateRadar preliminary estimate

Estimated value range
€550,737€951,587
Confidence: Medium · 66%29 comparables
Area median€6,121/m²
This property€3,835/m²
vs area median37.4% below

EstateRadar preliminary estimate · sources: EstateRadar listings · 2026-08-01. Based on comparable asking prices, not official transaction data. Not a valuation by a licensed surveyor.

Negotiation insight

Room to negotiate
~2.0%
Recommended offer
€409,000
Deal probability
Low 20%

1 days on market · asking is 37.3% below our AI valuation. Estimate only — not financial advice.

Neighborhood

· AI area estimate
Walk
62
Schools
58
Quiet
76
Sea
88

Location

· approximate area
Approximate location

Distances from OpenStreetMap · approximate.

Description

This beautiful hillside villa overlooks Kissamos bay and the Cretan shoreline, designed in traditional Mediterranean style that captures authentic island living. Located south of the second-largest urban centre in the Chania district, the property offers stunning sea and mountain views. Situated just 1 km from the beach and fishing harbour, with easy access to local amenities and shared community facilities including a swimming pool, it combines privacy with convenience.

1 Island Estates
Marketed by 1 Island Estates
EstateRadar is a technology platform, not an agency. This listing is handled by 1 Island Estates.

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