We very strongly recommend Villa Eolia.
The villa is located in Panormos, which is a charming coastal village with good restaurants and bakery. Panormos is 20 mins by car from both Rethymno and Bali beach. The villa is 5min walk from the beach.
The villa itself is beautiful, modern, very nicely designed and fully equipped. It comprises two adjoining villas which are alongside a generously sized swimming pool. The grounds next to the villa comprises a garden of fruits and vegetable which is maintained by the host family. They were kind enough to offer us on an almost daily basis fruits and vegetables from their garden.
The hosting family was extremely nice and very helpful. They helped us organise a boat trip and find our way in the village and the beaches around Panormos.
We had a great time there and will definitely come back to Villa Eolia for our next family reunion in Crete.