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Amazing villa overlooking the sea
Milatos, Heraklion, Greece
REF: 306963
€1,300,000
Description
This luxurious villa for sale in Heraklion, Crete is located outside of the village of Milatos a beautiful seaside, yet traditional place. The villa has 6 bedrooms and 3 bathrooms and is developed on 4 floors. The top floor has only one bedroom, offering privacy, while the floor below it, includes 3 more bedrooms and a bathroom. Further below, there is the living room & kitchen area, in a large open plan. The kitchen is fitted and of high quality, in dark coloured wood. The appliances are premium and in inox colours. This floor gives access to the terrace, pool and garden area, through large windows. On the lower level, the last 2 bedrooms and another bathroom can be found. All bedrooms are really spacious and have windows overlooking a different side of the countryside and sea. The outdoor area is beautiful, with lively grass lawns, all types of garden furniture, a barbeque and of course the infinity pool. The landscape around the villa is typical Cretan, with the sea, the olive trees and the serenity. The villa is also a great opportunity to use as a rental property, as it can offer a great income. This part of northern Crete has been developed a lot as a tourist destination, in the last years.
This luxurious villa for sale in Heraklion, Crete is located outside of the village of Milatos a beautiful seaside, yet traditional place. The villa has 6 bedrooms and 3 bathrooms and is developed on 4 floors. The top floor has only one bedroom, offering privacy, while the floor below it, includes 3 more bedrooms and a bathroom. Further below, there is the living room & kitchen area, in a large open plan. The kitchen is fitted and of high quality, in dark coloured wood. The appliances are premium and in inox colours. This floor gives access to the terrace, pool and garden area, through large windows. On the lower level, the last 2 bedrooms and another bathroom can be found. All bedrooms are really spacious and have windows overlooking a different side of the countryside and sea. The outdoor area is beautiful, with lively grass lawns, all types of garden furniture, a barbeque and of course the infinity pool. The landscape around the villa is typical Cretan, with the sea, the olive trees and the serenity. The villa is also a great opportunity to use as a rental property, as it can offer a great income. This part of northern Crete has been developed a lot as a tourist destination, in the last years.
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Currency Exchange
Milatos, Heraklion, 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 €1,300,000 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 |
|---|---|---|---|
| €1,300,000 | £1,082,549 | £1,121,328 | £38,779 |
| Property Price € | €1,300,000 |
| Minimum cost in the last six months | £1,082,549 |
| Maximum cost in the last six months | £1,121,328 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,779 |
Milatos, Heraklion, 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 €1,300,000 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 |
|---|---|---|---|
| €1,300,000 | £1,082,549 | £1,121,328 | £38,779 |
| Property Price € | €1,300,000 |
| Minimum cost in the last six months | £1,082,549 |
| Maximum cost in the last six months | £1,121,328 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,779 |
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 £38,779 more.
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