Invest in Your Mediterranean Dream
Rethymno, Crete, GreeceIn partnership with RG Village Crete
Total Area 100 m²
Internal 70 m²
Private Pool
Solar Energy
A development designed for high returns
The Project
Creta Hills is a modern resort residence development (hotel residences) currently under construction in Nea Magnisia, Rethymno, operationally linked to the adjacent 5-star RG Village Crete hotel. The development will consist of 70 fully equipped residences designed for high investment returns, set in an authentic Cretan landscape with unobstructed views and complete tranquility. The acquisition cost is considered particularly attractive, and the first 14 residences will be offered at a special introductory price.
The Residence
Each residence at Creta Hills includes:
- Two bedrooms (one en suite).
- Two bathrooms.
- Veranda and balcony.
- Total area: 100 m².
- Internal area: 71–73 m².
- Private, heated pool.
- Covered outdoor space.
- Full furnishing & equipment (turn-key).
Residences are delivered ready to use, with no additional investment required from the buyer.
How it Works
Creta Hills operates under the hotel residences model.
- Owners can use their property for up to 30 days per year, during designated periods.
- The remaining days, the residences are professionally managed.
- Management is handled by an independent, specialized company in collaboration with RG Village.
The model ensures:
- Professional operation.
- High income.
- Property value appreciation.
- Complete peace of mind for the owner.
Of course, full personal use is also available, but it falls outside the "Hotel Residence" investment model (see the related section).
RG Village Crete
Creta Hills is developed in partnership with RG Village Crete, a beautiful village-hotel with a 5-star rating, set within a stunning olive grove in Nea Magnisia, Rethymno.
RG Village Crete features:
- Suites and villas with private pool.
- Four large pools, mini market and other shops.
- Full spa centre.
- Sea and mountain views.
The proximity to RG Village gives Creta Hills owners access to 5-star facilities and services, enhancing both the hospitality experience and investment value.
Services & Privileges
Owners and guests are provided with:
- Cleaning & linen service.
- Maintenance & technical support.
- Consumables & housekeeping.
- Access to RG Village Crete facilities.
- Preferential discounts at restaurants, bars and shops.
All organized, with no involvement required from the owner.
Location & Accessibility
Creta Hills is strategically located: 10–15 minutes from the city of Rethymno. Approximately 1 hour from Chania Airport. Approximately 1 hour and 10 minutes from Heraklion Airport. 5–10 minutes from organized beaches on the north coast. It combines privacy, nature and direct access.
Why Crete
Crete is the strongest tourist destination in Greece:
- Continuous increase in visitors.
- Steady economic growth.
- Major new infrastructure projects (Kastelli Airport, new BOAK national highway).
- International recognition.
- Three civilian airports.
- Dense network of air and sea connections.
- History, culture, nature, beauty.
A market with depth, stability and prospect. It is estimated that by the end of the current five-year period (2026-2030) the number of tourists will soar to 11 million, from 6.6 million in 2025 [1].
Falasarna Beach
Why Rethymno
Rethymno is the highest-quality and most balanced choice in Crete:
- Authentic character.
- Stunning landscapes and unique beaches.
- High-caliber visitors.
- Renowned gastronomy.
- Strong interest from new investors.
- Limited overdevelopment compared to other areas.
- Crete's hotspot today.
Old Venetian Harbor
Master Plan
The Creta Hills development is planned in three phases, with a total of 70 residences:
- Phase 1: 6 homes (under construction).
- Phase 2: 8 homes.
- Phase 3: 56 homes.
The Phase 3 plot will include a large parking area, with one space per residence.
The Investment Model
Each owner selects one of two return models:
- Guaranteed Model: A fixed annual return of 4%, 5% and 6% over the first three years, providing stable and predictable income.
- Dynamic Model: A performance-based return tied to operating revenue, with yields of up to 10% depending on seasonal occupancy.
Both models include 30 days of personal use per year. Owners who opt out of personal use receive an additional month of returns.
Use the calculator to explore projected returns based on the starting acquisition cost.
There is, of course, also the option of full personal use. Any owner who does not wish to participate in the investment model can keep their home and manage it as they prefer. In this case, however, they will need to:
- Contribute proportionally to common expenses, including the cleaning and maintenance of shared areas, lighting, security and garden upkeep.
- Cover the cost of installing utility meters for electricity and water and pay the corresponding monthly bills.
- Pool maintenance will be carried out by the management company's specialized team, with costs charged to the owner.
- If the owner wishes to receive the hotel services provided to investment model participants, they will need to pay for them.
ROI Calculator for your Investment
Invested Amount
€290,000*
*The price is set for the first 14 homes (phase 1 & 2).Guaranteed ModelFixed annual return of 4%, 5%, 6% over the first 3 years.
Dynamic ModelPerformance-based return, up to 10%, varying by occupancy.
Investment OnlyWaive your 30-day stay and receive an extra month of returns instead - you can opt in or out at any time.
Full Personal UseWith this option, the owner does not participate in the proposed investment model.
Projected returns are estimates based on current assumptions and do not constitute a guarantee of future performance. Actual results may vary.
Returns (Guaranteed Model)
Projected annual returns (estimated):Year 1
Return 4%€11,600
Benefits in kind30-night stay at €350/night, based on comparable rates in the area.
€10,500Combined Value€22,100
Year 2
Return 5%€14,500
Benefits in kind30-night stay at €350/night, based on comparable rates in the area.
€10,500Combined Value€25,000
Year 3
Return 6%€17,400
Benefits in kind30-night stay at €350/night, based on comparable rates in the area.
€10,500Combined Value€27,900
Rethymno, a Real Estate Eldorado
When considering the purchase of a residence in Crete, and particularly in Rethymno, the prospective buyer should take into account the dynamics of one of Greece's most productive tourism markets. Crete welcomed roughly 6.6 million visitors in 2025, accounts for around 22% of national tourism receipts, and posts the highest per-visitor yield of any Greek region at about €767 [2][3].
Price growth over the past five years has been steadily upward at striking rates. The Bank of Greece residential property index has compounded to roughly +55% nationally between 2020 and 2025, and island markets such as Crete have tracked at or above the national pace [4].
Rethymno is among the prefectures recording the strongest growth on Crete, driven both by rising demand for value-for-money purchases and by a limited supply of tourist properties unable to meet the heightened interest. Market data shows the average price of newly built vacation homes with pool and garden rose by over 10% year-on-year in 2025, to €4,675/m² from €4,243/m² in 2024 [5]. Short-term rental occupancy in Rethymno reached 70% in 2025, up four points year on year [3].
This trend is expected to continue throughout the next five-year period, 2026-2030, with Rethymno's rise set to remain among the strongest on the island. By the end of this period, the number of tourists is projected to soar to 11 million, from 6.6 million in 2025 [1].
The forecasts rest, among other factors, on a decisive upgrade to Crete's infrastructure that will give a major boost to its already strong tourism. The two most significant projects are the new airport at Kastelli, near Heraklion, scheduled to begin operations in 2027-2028 with an initial capacity of 10-11 million passengers per year, expandable to 18 million [6][7], and the new national highway, the North Road Axis of Crete (BOAK), which will link the two ends of the island with vertical connections between the northern and southern coasts. The first sections are scheduled for staged delivery from 2027-2028, with the 187 km Chania-Hersonissos concession targeted for completion by the end of the decade [8].
The momentum is already visible at the gates. Heraklion airport alone exceeded 10 million passengers for the first time in 2025, with combined Heraklion-plus-Chania traffic reaching 14.2 million [3]. Crete's tourism capacity is set to exceed 11 million annual passengers/visitors with the opening of the new Kastelli airport: Greek infrastructure reporting estimates initial capacity at 11.5-12 million passengers, while the Region of Crete states the airport will be able to serve 11 million visitors annually [1]. Once Kastelli opens, total airport capacity on the island is set to roughly double.
The requirements to meet this rising demand, primarily for tourist accommodation, are immense. Whoever boards the investment train early stands to gain more than those who follow. It is no coincidence that real estate experts regard Crete, with Rethymno foremost, as the investment Eldorado of Greece, and perhaps of Europe.
By way of illustration, a newly built property in a tourist area of Rethymno that can be acquired today for €300,000 could approach €500,000 within 5 years based on current trajectories.