Knossos

A tranquil green suburb beside the legendary Palace of Knossos, quiet family living and tourism-adjacent value just minutes from Crete's capital.

Updated May 22, 202610 min read

About Knossos

The Knossos area lies about 5 km south of Heraklion's centre, built around the Palace of Knossos, the largest and most famous Minoan archaeological site, mythical seat of King Minos and the Labyrinth. The surrounding suburb is quiet, green and family-oriented, dotted with tavernas serving the steady flow of site visitors and edging toward the Skalani wine country. Property is mostly suburban houses and apartments priced around the city average (~€1,800–€2,300/m²), far below the resort islands. The setting offers a rare combination: a calm residential base minutes from a working capital, plus genuine tourism-adjacent short-let potential near the palace, though seasonal yields should be discounted and Golden-Visa rental rules apply to qualifying purchases.

Location

Knossos in Heraklion, Crete, Greece

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