Townhouses
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Two-storey, two-bedroom, three-bathroom townhouses with magnificent sea and mountain views, and landscaped gardens. Situated on the hilltop of the resort and overlooking the surrounding area, the townhouses offer superb all–encompassing and unobstructed views to the sea and mountains. The serenity of the mansion’s sculpture is evident the moment one enters the ground floor, which leads to the spacious and modern-styled living area. The strong, simple lines of the central living room, with seating and dining areas and fully equipped kitchen, are welcoming, rural, poetic, and allow for casual entertaining. The same level offers an expansive large balcony to the front, perfect for dining outside, with panoramic views of the beach and mountains.

A small patio at the back is perfect for breakfast; a great start to the day. A marble staircase leads into the bedroom level, with two double bedrooms each with en-suite bathroom. On the same level a separate, smaller guest bathroom is also available. The double bedroom to the front has access to the private landscape garden and terrace, and there is an option to install a jacuzzi. Each property is individually designed with an original color scheme and finished to standards that will satisfy the most demanding client.

These traditional Townhouses ensure tranquility, privacy, and a taste of the delights of pastoral village life with breathtaking views of the sea and mountains. Enjoy moments of sheer relaxation, from the beginning of your day overlooking the Southern Mediterranean Sea until the end of the day as you lose yourself in the colours of the sun setting over the Bay View bay. These properties combine location, leisure, luxury, and privacy. Each new townhouse comes with a rental guarantee of 5% net for two years. All local amenities are within a short distance, including excellent restaurants, bars, supermarkets, car hire, banks, souvenir and tour shops.
 

Townhouse Bedroom Level Floor Plan

Townhouse floor plan (bedroom level)

Townhouse Living Area Floor Plan

Townhouse First Floor (Living Area) Floor Plan

Fractional ownership at Bay View

Luxury and fully furnished Townhouse with stunning sea and mountains views only 300 meters from the beach, from €64.300 for a 1/4 share.

Fractional ownership is generating huge amounts of interest as consumers are becoming increasingly aware of its many benefits over whole ownership. Fractional ownership allows several unconnected buyers to combine their resources and collectively OWN a beautiful two-storey townhouse at the prestigious Bay View resort. Fractional ownership within the property sector is booming at present. Simply because so many people would like holiday homes, but don't want the inconvenience and expense of owning real estate they can only use a few weeks at a time. However, they do want the value, equity and other benefits associated with property ownership. This is where fractional ownership comes in. Like timeshare, you are entitled to stay at an apartment or town house for an agreed period every year. But unlike timeshare, you own a freehold share in the property.

Fractional Ownership meets the needs of many more potential buyers...

  • Those who would love to buy their holiday home but lack the funds
  • Others who may have the funds but recognise it makes no economic sense to own a property outright for maybe 6-8 weeks occupation a year
  • Those who would like to test holiday home ownership before making a larger investment
  • Those who see fractional ownership as a way of spreading their portfolio and reducing their financial exposure but at a fraction of the cost
Fractional Ownership versus Timeshare - what is the difference?
The media have covered every aspect of Timeshare and the residual impression is not generally good for the property market. The simple notion that people can have guaranteed occupancy rights for a defined period each year is excellent. But in practice, so many bad experiences have tarnished the business. Fractional Ownership in the form of Owner Share allows a number of unrelated buyers to enjoy occupancy rights based on equity ownership. Each owner gains from any appreciation in the property value and can sell their interest at market value at any time.

By owning a fraction of the equity a buyer is only committed to paying the same proportion of the annual costs. So, the owners of say a quarter share can enjoy up to 13 weeks a year occupancy and only pay 25% of the total annual management and administration costs.

Financially it makes great sense!

Owners benefit through Fractional Ownership by...

  • Potential asset appreciation through freehold ownership
  • Acquiring a luxury lifestyle in an affordable high quality home
  • Minimising running costs in relation to usage
  • Benefiting from a professionally managed home and Bayview resort
  • Generating income from rental and resale
  • Plus Mortgage Finance

An exclusive Candia Developments finance package for shared freehold/fractional buyers is available where, together with an English bank, regulated mortgages are provided for fractional buyers. This means that when buying a second home, mortgages could be available using, as security, the buyers fractional certificate only.

Bay View

The Bay View Resort offers an exclusive address with prime investment potential, located just outside the traditional village of Makry-Gialos, South East Crete. It is an area of extraordinary beauty, with miles of unspoiled pristine sandy beaches, perfect Mediterranean climate, clear turquoise blue seas, imposing mountains, wonderful villages, picturesque scenery, and rolling hills. Makry-Gialos is free from mass tourism and noisy crowds, secluded in beautiful mountains, with extensive sandy beaches overlooking the southern Mediterranean Sea. The whole area is an excellent example of one of the few places in Europe where you can find majestic mountains that drop down to the sea, within a few kilometers of several wonderful sandy beaches. The region of Makry-Gialos is an outstanding example of Cretan beauty and hospitality, with all the amenities of modern life, but retaining the traditional feel of Cretan village life, providing a very warm and friendly welcome to visitors that is unmatched elsewhere in Europe.

Townhouse Properties

Townhouse m2
Ground
Floor		 m2
First
Floor		 m2
Total		 Bedrooms Bathrooms m2
Terrace
Gr. Floor		 m2
Terrace
First Floor		 m2
Landscaped
Roof Terrace		 m2
Landscaped
Garden		 Price
€
Townhouse 22 45 41 86 2 3 9 15 - 54 Sold
TownHouse 23 45 41 86 2 3 9 15 - 42 249,000
Townhouse 24 45 41 86 2 3 9 15 - 49 249,000
TownHouse 25 45 41 86 2 3 9 15 - 42 64,300*
Townhouse 26 45 41 86 2 3 9 15 - 42 Sold
TownHouse 27 45 41 86 2 3 9 15 - 58 249,000
Townhouse 28 45 41 86 2 3 9 15 - 42 249,000
TownHouse 29 45 41 86 2 3 9 15 - 58 249,000
Townhouse 32 45 41 86 2 3 9 15 - 54 249,000
TownHouse 33 45 41 86 2 3 9 15 - 42 249,000
Townhouse 34 45 41 86 2 3 9 15 - 54 249,000
TownHouse 35 45 41 86 2 3 9 15 - 42 249,000
Townhouse 36 45 41 86 2 3 9 15 - 49 249,000
TownHouse 37 45 41 86 2 3 9 15 - 64 249,000
Townhouse 38 45 41 86 2 3 9 15 - 42 249,000
TownHouse 39 45 41 86 2 3 9 15 - 64 Sold
* Price for a 1/4 share.
All prices include rental guarantee for 2 years of 5%.