á Photos by Crete-Today
PROPERTY IN SITIA, CRETE
The East of Crete has the beautiful city of Sitia at itís heart, this sunshine city and itís surroundings are steeped in history, from the early Minoans to the Venetians and the Turks, all succumbed to the lure of Sitia.
Today's individual would do well to heed their example, this is certainly a part of Crete which continues to offer much to potential investors, currently there are developments under construction by The Minoan Group at Vai, and Dolphin Capital at Papadiokambos two of Greeceís premier development groups.
Sitia is a living town, which has become a popular tourist area with everything for today's holidaymaker, with itís range of beaches, it has sun sea and sand, plus several windsurfing areas. The town itself has a good selection of cafes, bars, and clubs, and a wide range of boutique shopping, all a short walk from the magnificent harbour area with itís restaurants and tavernas providing views of the harbour and the sea beyond. The town is watched over by the Venetian fort which is sometimes the base for various festivals and events, the Kornaria theatre festival is an annual event, there is also the archeological museum, and of course the whole area is one big archeological adventure.
Around this part of the island there is so much to see and do, there are the famous monasteries of Moni Faneromenis and Moni Toplou to visit, the Archeological sites at Itanos (a Doric Town), the fabulous Minoan Palace at Kato Zakros and several Venetian Houses. This corner of the Crete has a wealth of small villages some which have stood still, and offer a reminder of the past, there are still areas of agricultural dependence, this is the home of one of the worlds best olive oils, and Sitia wine is a major producer.
On the western side of Sitia there are a host of small villages which offer the visitor a truly different view of life, some close to the sea such as Mochlos, Tourloti, and Hamezi, while others go up inland such as Skordilo and Ahladia.
To the east of Sitia there are a wealth of small villages and larger ones too such as Palekastro on the way to the famous Palm Beach at Vai. All along the eastern end of the island there are a wealth of idyllic situations the area around places such as Zakros, Ziros, and the wonderful Xerokambos. This end of the island is still an ideal place to develop and there are many opportunities to acquire the perfect spot to build your villa by the sea or your house in the hills.
Sitia is also home to the islands 3rd airport, which will soon be open to international flights as well as the present link to Athens, and the rest of Greece. Currently international air traffic is through Heraklion which is approximately 2.5hrs away, but new road improvements will reduce this time in the near future.
The town has all the amenities one needs to carry on life or business, it is home to Major banks offering loans insurance and advice, and is also home to the local Tax Office, it is currently undergoing significant development with many new houses and apartments under construction, there is also a modern hospital, and other medical facilities available.
There is already a strong Real Estate presence in the area and recently the world leader in Real Estate, RE/AL have developed a presence in the form of RE/AL Professionals. There are also smaller developers in the area and the new concept of Fractional Ownership may soon become popular.