About
us and My Case Study
I first came to Crete whilst a student at Alexandria University,
working in the tourist industry during the holiday season. I fell
in love with the island, became fluent in Greek, and promised myself
that I would return permanently one day.
After gaining my degree in Management Accountancy I worked for
several years in London, before realizing my dream of returning
to Crete.
I now own my own villa near Rethymnon on the north coast of the
island, and have been running Impact Villa Management successfully
since 2005.
I and Manolis Ladakis have established Exclusive Crete Villas Development.
Manolis Ladaiks has been building hotels and houses for the last
30 years, he is well known in Crete and has a very good reputation.
Exclusive develops traditionally designed, luxury villas and apartments.
All building work is to a very high specification, with an emphasis
on quality and efficiency.
The Exclusive Team
Our friendly and knowledgeable team will be happy to help you
through every step of the way on your journey to your dream home:
from finding the ideal location to handing you the key to your front
door.
With staff on the ground in Crete, Exclusive Crete Villas Development
operates with a thorough working knowledge of the Cretan lifestyle
and the requirements of foreign property owners on the island.
My Case Study
My own villa income and expenditure |
|
| |
|
|
| Year 1 (2005): |
|
|
| Rentals (16 weeks) |
|
£7500 |
| |
|
|
| Mortgage |
(£4000) |
|
| Water |
(£300) |
|
| Electricity |
(£400) |
|
| Garden Maintenance |
(£700) |
|
| Pool Maintenance |
(£600) |
|
| Cleaning |
(£500) |
|
| |
------------ |
(£6500) |
| Profit |
|
£1000 |
| |
|
Year 2 (2006):
Did no concentrate on marketing the villa this year
Prices were higher than last year |
|
| |
|
|
| Rentals (11 weeks) |
|
£7200 |
| |
|
|
| Mortgage |
(£4000) |
|
| Water |
(£250) |
|
| Electricity |
(£300) |
|
| Garden Maintenance |
(£700) |
|
| Pool Maintenance |
(£600) |
|
| Cleaning |
(£400) |
|
| |
------------ |
(£6250) |
| Profit |
|
£950 |
| |
|
Year 3 (2007): (Actual so far)
Prices higher than last year |
|
| |
|
|
| Rentals (17 weeks) |
|
£10500 |
| |
|
|
| Mortgage |
(£4000) |
|
| Water |
(£300) |
|
| Electricity |
(£450) |
|
| Garden Maintenance |
(£700) |
|
| Pool Maintenance |
(£650) |
|
| Cleaning |
(£600) |
|
| |
------------ |
(£6700) |
| Profit |
|
£3800 |
There is no council tax or TV license in Greece. |