Residence for sale
731 36 Chania
Located in the prestigious and ever-evolving area of Chalepa, one of the most historic and sought-after suburbs of Chania, this beautifully renovated traditional stone house, which is part of the area’s history is transformed to luxurious modern standards and offers exceptional investment potential. Combining the character and authenticity of a traditional Cretan stone residence with contemporary luxury, high-quality construction, excellent internal insulation, generous accommodation, sea views, and a highly desirable location, the property is an attractive opportunity for both private residential use and international investment, including buyers exploring the Greek Golden Visa programme, subject to meeting the applicable eligibility and investment requirements. The property spans over two levels and offers approximately 244 sqm of living space on a generous 324 sqm private plot. It has been fully renovated with particular attention to quality, comfort, energy efficiency, thermal performance, and modern living standards. One of the property's key advantages is its excellent construction and energy efficiency that provides. The internal walls have been upgraded with high-quality rock wool insulation and plasterboard, providing exceptional thermal insulation and a comfortable indoor climate year-round. The heavy-duty modern window frames provide both thermal and acoustic insulation, helping to reduce heat loss, improve energy performance, and create a quiet and comfortable interior environment. The property is also equipped with a security alarm system and a security entrance door, while additional practical features include a storage area and air-conditioning systems. Two large solar water-heating systems, with a combined capacity of approximately 400 litres, further contribute to the property's overall energy efficiency and reduced operating costs. All of these features have been carefully incorporated into the renovation to create a residence that combines traditional architecture with modern energy-conscious living. The insulation, high-performance window frames, solar water-heating systems, air-conditioning, and overall quality of the renovation contribute to excellent energy efficiency and a high level of comfort, making the property particularly well suited to year-round living as well as extended holiday stays. A further important feature of the property is its flexible layout. As currently designed, the residence can function as two fully independent homes, providing exceptional versatility for both private use and investment purposes. The principal residence of approximately 180 sqm offers spacious accommodation including a master bedroom, an additional bedroom, bathroom, and generous living areas. A separate residence of approximately 60 sqm provides two bedrooms and one bathroom. This configuration allows the property to be used either as one substantial family residence or as two autonomous homes, depending on the owner's requirements. The property combines bright, spacious interiors with comfortable living areas that can be adapted to suit a variety of lifestyle needs. The main residence features a welcoming and spacious living room filled with natural light, together with a generously sized kitchen offering ample space for a dining area. The upper floor offers additional spaces and a WC. From this level, you can access two private terraces, where breathtaking views extend across the sea, the surrounding natural landscape, and the city of Chania. The separate living residence provides privacy and can be used for family and friends, guests, staff accommodation, long-term rental purposes, or as a completely independent home. The property's traditional stone construction is an important part of its character. Rather than simply reproducing a contemporary villa, the renovation preserves the authentic architectural identity of the original residence while introducing modern standards of insulation, comfort, security, and energy efficiency. A Prime Location in Historic Chalepa The villa enjoys a peaceful residential setting in Chalepa while remaining conveniently close to everything Chania has to offer. The beautiful beaches of the area and the city center are only a short drive away, providing an ideal balance between privacy, accessibility, and connection to the city. Chalepa is not simply a desirable residential neighborhood, but one of the most historically significant areas of Chania. Located east of the historic center, the district developed into an important residential area during the late 19th and early 20th centuries and became closely associated with some of the city's most prominent political, diplomatic, commercial, and aristocratic families. Historically, Chalepa was particularly associated with the city's affluent and upper social classes. Elegant villas, substantial private residences, gardens, and neoclassical and traditional houses were developed in the area, reflecting the importance and prosperity of the families who chose to live there. The neighborhood became known as an exclusive residential quarter where prominent figures, wealthy families, diplomats, and members of the social and political elite established their homes. This heritage remains visible today in Chalepa's architecture and atmosphere. The area's character is further enhanced by its proximity to important historic landmarks and institutions, while its residential atmosphere has allowed it to retain a distinct identity despite its close connection to central Chania. Today, Chalepa combines this remarkable historical heritage with an increasingly sophisticated residential and lifestyle environment. Its picturesque streets, elegant residences, sea views, cafés, and relaxed atmosphere make it one of the most distinctive areas in Chania for those seeking a prestigious address close to the city. Life in Chania One of Crete's most beautiful and internationally recognized cities, Chania combines a rich multicultural heritage with a vibrant modern lifestyle. The historic Old Town and Venetian harbor form the cultural heart of the city, with picturesque narrow streets, Venetian mansions, Ottoman-era buildings, historic churches, and a beautifully restored synagogue. Chania offers an exceptional quality of life, with restaurants, cafés, shops, schools, services, and beaches close to the city center, while Chania International Airport is within easy reach. Investment & Golden Visa Potential Beyond its appeal as a luxurious private residence, this property presents an interesting proposition for international buyers seeking a high-quality real estate investment in Crete. Its prime location in Chania, substantial living space and independent guest accommodation, all contribute to its long-term appeal. For eligible non-EU investors, the property can be considered as part of a Greek Golden Visa investment strategy, subject to the current legislation, applicable minimum investment thresholds, property-use requirements, and confirmation of eligibility by qualified legal and immigration professionals. The Greek Golden Visa is particularly appealing to international investors with the potential benefits that include: • Greek residence rights through an eligible investment • The opportunity to establish a base in Greece • Visa-free travel within the Schengen Area, subject to applicable rules • Investment in one of Greece's most internationally recognized destinations • Potential for long-term capital appreciation and rental demand • The opportunity to own property in one of Chania's most desirable central neighborhoods A rare opportunity to acquire a renovated luxury residence with independent accommodation in one of Chania's most desirable and historically important neighborhoods, and compelling investment potential, with Golden Visa suitability to be assessed according to the applicable Greek regulations. RC628