About Falcon Hills, Filaki, Crete
Price: €102,000 - €248,000
Bedooms: 1-3
Key Features:
- 1,2 and 3 Bed semi and detached Villas
- Baths: 1-3
- Parking: 2 Spaces per plot
- Fully Furnished
- Air Conditioning
- Fully landscaped gardens
- Communal & Private Pools
- under 4km to Stunning Lake Kournas
- Under 4km to Sandy Georgioupoli Beach with tavernas, restaurants, shops and coffee shops.
The Project
The Falcon Hills project is comprised of 39 detached or semi-detached villas. Situated in the village
of Filaki on the top of a hill, they enjoy a magnificent sea views to the Cretan Archipelago and the
green hills of the area. The size of the houses varies from 66 m2 to 105 m2. Each house will have
two parking lots, communal or private swimming pools, fully landscaped gardens, autonomous
heating system, A/C, furniture pack, outstanding finance terms, and a 2-year rental guarantee from
the developer.
The Location
Falcon Hills is situated in the traditional village of Filaki, minutes from the stunning Lake Kournas
(under 4km), and the sandy beaches of Georgioupoli (also under 4km). Georgioupolis also offers
restaurants, tavernas, coffee shops and shops, as well as numerous hotels. The area in general is
becoming more and more popular with expatriates buying a holiday home or permanent residence
on the island. The Rethymno prefecture, where the development is located, is the 3rd largest on the
island, and is increasing in popularity and tourism.
Rentals
The tourism industry in Crete is very strong, with Greece being amongst the top 10 worldwide tourist
destinations year on year. Crete collects the largest amount of tourists from the islands, with daily
chartered and scheduled flights from Europe. As with most resort destinations, villa rentals play a
major part in accommodation. However, as the development and holiday home market is still in its
infancy, availability for villa rentals is limited. A quick check on websites such as
shows that there are a total of just over 100 rental properties available
over all of Crete. The availabilities for these properties is limited, as they all have numerous weeks
booked out months in advance. Compare this to a similar island like Cyprus. The same website
shows over 1000 properties. And these are islands with similar sizes, population, and tourism figures.


