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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
Pool terrace with sun loungers and a view across the bay

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 (photograph)

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

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.