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Luxury New Villa Overlooking Spinalonga Island
Elounda, Lassithi, Greece
REF: 306914
€1,100,000
Description
A new and modern 200 sqm, 3 bedroom villa for sale in Crete built on a 2000 sqm plot, with truly thrilling views of the city and Elounda bay. This villa is situated just minutes away from the beautiful centre of Elounda, which has plenty of beaches, cafes and restaurants. Set on 3 floors the villa features 3 bedrooms and 2 bathrooms. The property is located within 700 metres of the village of Plaka, East Crete, as well as from the sea and a small beach. On the upper floor there is large open plan living room with spacious dining area, open fireplace, patio doors opening to a covered terrace, modern fitted kitchen with appliances, double sized bedrooms with fitted wardrobes and en suite shower rooms. The mezzanine area features a bedroom with fitted wardrobes and a dressing room. On the lower floor there is a double sized bedroom, a recreation room for any use, a workshop, a garage and a large shower room. The outside includes fully landscaped gardens, a private pool, terraces and a parking area for several vehicles.
A new and modern 200 sqm, 3 bedroom villa for sale in Crete built on a 2000 sqm plot, with truly thrilling views of the city and Elounda bay. This villa is situated just minutes away from the beautiful centre of Elounda, which has plenty of beaches, cafes and restaurants. Set on 3 floors the villa features 3 bedrooms and 2 bathrooms. The property is located within 700 metres of the village of Plaka, East Crete, as well as from the sea and a small beach. On the upper floor there is large open plan living room with spacious dining area, open fireplace, patio doors opening to a covered terrace, modern fitted kitchen with appliances, double sized bedrooms with fitted wardrobes and en suite shower rooms. The mezzanine area features a bedroom with fitted wardrobes and a dressing room. On the lower floor there is a double sized bedroom, a recreation room for any use, a workshop, a garage and a large shower room. The outside includes fully landscaped gardens, a private pool, terraces and a parking area for several vehicles.
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Currency Exchange
Elounda, Lassithi, Greece
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Greece do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Greece takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,100,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,100,000 | £906,290 | £945,395 | £39,105 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £906,290 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,105 |
Elounda, Lassithi, Greece
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Greece do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Greece takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,100,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,100,000 | £906,290 | £945,395 | £39,105 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £906,290 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,105 |
The exchange rate on the day you make an offer on your property in Greece will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £39,105 more.
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