Our process starts with the ability to discover opportunity. With our experienced team and intricate knowledge, our network enables us to filter through more than 1000 properties every month before selecting up to 25 potential London developments for detailed due diligence.

Our financial models are highly detailed which highlight our expected level of return and the potential risk involved – a cap we strictly adhere to.

• Areas in Apokoronas, Akrotiri, Kassamos, Kolimbari, Platanias and Chania city with appealing prospects.
• Properties within easy walking distance (usually less than 10 minutes) of rapid public transport routes into Chania.
• Properties others may have either overlooked or lacked the skills to fix, usually in need of refurbishment or development at exceptionally low prices.

Once an investor has agreed upon a project, we are able to move incredibly quickly which is what provides us with such a competitive edge over most property developers in Chania. Our dedicated structure reflects the synergies between ARENCOS & ARENCORES, with innovative methods and approaches covering immediate consultancy services engineering, architectural design and building works.

Investors are involved on a fixed return basis, which is normally between 10% – 35% p.a. We can also joint ventures with foreign investors, stakeholders and real estate developers in Chania property market, allowing us to effectively support the purchasing process and acquisition procedures for large and small projects.

Our consultation and decision making models are highly detailed which highlight our expected level of return and the potential risk involved – a cap we strictly adhere to.

• Support investors to purchase properties that are worth more than we pay
• Phasing building works efficiently and completing the associated legalization procedures quickly
• Pre-selling/letting units with dedicated research on the construction and area of interest

At ARENCORES and ARENCOS we have a respected track record of our ability to strip properties back at a high speed and re-build them in a uniquely efficient format. Space is created, home technologies are installed and the price per square foot inevitably increases to boost the resale value of the property.

We focus on properties with high ROI prospects or that benefit from Permitted Development (PD) rights in Chania. 

• Strip the property back to the bare bricks & joists
• Strengthen structure and lay new flooring
• Install the latest specification insulation and sound-proofing
• Fit new electrics, plumbing and gas services
• Build new apartments, bathrooms, bedrooms, swimming pools and open-plan living spaces
• Plaster, paint and furnish the entire property to a high specification

We always structure our real estate investments to be as technically and economically efficient as possible. At ARENCORES we use productivity as a measure of technical efficiency, and relate this to capital intensity, construction quality and scale of growth. We measure the degree of efficiency by different concentration indices, risk factors and uncertainty metrics.

Before we sell a completed development we conduct a holistic research to identify, research and assess risks that could potentially prevent the project or investment from achieving its objectives. We also evaluate its potential to estimate its profitability, using a unique model to achieve greater rental returns with a lower risk of vacancy, default or damage that many property developers in Chania, Crete experience.

• Finish properties to a very high standard
• Implement flexible pricing structures
• Review pricing to constantly achieve the optimum balance of property value and price
• Promote properties in the right way to the right target market
• Deliver high levels of customer service 7 days a week