On the south coast of Crete, in the popular coastal village of Plakias, Bayros Living is developing a unique project: Bayros Plakias Suites. The complex consists of 15 luxury studios, all designed with an eye for style, comfort and return on investment. Each studio combines the charm of island life with the convenience of a carefree investment.
The construction site is located just 100 metres from the sea and offers views of the azure waters of the Libyan Sea. Within 5 minutes you can walk to the beach or the boulevard of Plakias, where atmospheric taverns, boutiques and terraces provide liveliness all year round.
The south side of Crete is known as the sunniest part of the island, with more than 300 days of sunshine per year. A perfect guarantee for a long rental season and a stable return.
The studios
Each studio has a living area of approximately 35 m² and a spacious private terrace of approximately 20 m², including an exclusive plunge pool of over 10 m².
The large sliding doors connect the interior with the terrace, allowing the indoors and outdoors to flow seamlessly into one another. The interior is designed in natural tones and high-quality materials: modern, warm and atmospheric.
The studios are fully furnished and ready to move into, including:
- Luxury furniture and stylish decoration
- Air conditioning and energy-efficient installations
- Bathroom with walk-in shower and natural stone finish
- Private plunge pool with infinity view and integrated bench
Invest with certainty
Bayros Plakias Studios has been developed for those who want to invest carefree with a guaranteed return.
As an owner, you will receive a fixed return of 6% per annum on your investment for 5 years. We take care of the rental and management entirely: from reservations to cleaning and maintenance, so you don’t have to worry about a thing.
The project offers the opportunity to invest through shared ownership, making luxury real estate accessible to investors who do not want to invest the full purchase price.
- Get started from £112.500 (1/2 ownership)
- Full ownership: £225.000
All returns are calculated on the total purchase price.
In addition, you will benefit from the future increase in value of the property in Plakias, which is rapidly developing into one of the most popular destinations in Crete.
Project amenities
• Private plunge pool per studio
• Fully equipped and furnished studios
• Secure access and private parking
• Professional rental management
• Luxury finishes with natural materials
• Air conditioning, Wi-Fi and modern amenities
Location & surroundings
Plakias is a charming coastal town on the south coast of Crete, surrounded by impressive mountain landscapes and turquoise bays. The area offers an ideal balance between tranquillity and liveliness: authentic Greek hospitality, crystal clear water and a promenade full of cosy restaurants and cafés.
The region is also easily accessible:
- Within 30 minutes of the centre of Rethymnon
- Various beaches in the immediate vicinity, including Damnoni Beach, Preveli Beach and Schinaria Bay
Plakias enjoys one of the longest summer seasons in Europe, allowing investors to count on high occupancy rates and stable income.
Shared ownership: smart investing with real property rights
At Bayros Living, you do not purchase a right of use or fund participation, but legal ownership, recorded by a solicitor and registered in the Greek Land Registry. You can choose between shared ownership (1/2 share) or full ownership.
We match investors with similar preferences. Fixed costs, such as maintenance, cleaning and insurance, are divided proportionally. Want to sell later? Your co-owner has the first right of purchase, but after that you can sell your share freely, including through our network.
Key features
• 15 luxury studios with private plunge pool
• Living area approx. 35 m² + 20 m² terrace
• Sea view
• Fully furnished and ready to move in
• Fixed return of 6% per annum, guaranteed for 5 years
• Entry level from £112.500 (1/2 ownership)
• Professional management and rental included
• Completion expected in 2026
All-inclusive, carefree investing
At Bayros Living, we believe that investing should be simple and transparent. That’s why we deliver the studios fully furnished, including all furniture, accessories and appliances. No hidden costs, no unexpected surcharges. Just carefree enjoyment of luxury, returns and views of the Mediterranean Sea.
Outside AFM supervision
Investments in Bayros Living real estate projects, including the Bayros Plakias Studios project, fall outside the supervision of the Financial Markets Authority (AFM).
