Villa with guest apartment, walking distance to town and beaches

Agios Nikolaos, Greece

For Sale

€650,000

REF: 342625 €650,000


4

2

2000

350 m2

4322 m2

Description

This large property is located only 1km from the town of Agios Nikolaos and less than 500m to the wonderful sandy beach of Almyros. The building is a total of 350m2 on 4 floors, positioned on a plot of 4.320m2. The main 4 bedroom villa of about 165m2 (113m2 + 52m2) consists of the two top floors. One floor below the villa is an uncompleted apartment of approximately 110m2.

This could be made into a comfortable 2 bedroom apartment. On the ground floor there is a garage/storage space of about 75m2. Construction work to the property was completed in 2000. The main villa and the garage/storage room on the ground floor have been finished. The Apartment and the exterior (entrance, landscaping etc.) have not been completed.

The main villa comprises: Ground floor, Open plan living room/dining room/kitchen with direct access to a spacious terrace, which offers wonderful sea views overlooking the beach of Almyros. On the same floor there are also two double bedrooms with fitted cupboards and a big bathroom with bathtub. Moving up the stairs to the top floor there are, two double bedrooms with fitted cupboards, one of the bedrooms has aluminum balcony doors that lead out onto the large top floor terrace.

There is also a shared bathroom with bathtub on this level. Also included in the property: Solar panel water heating system, Air-condition units in living room and kitchen, Central heating (Petrol), Aluminium doors, windows and shutters, Double glazed windows. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40mins away from the international airport of Heraklion.

Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. The microclimate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here.
This large property is located only 1km from the town of Agios Nikolaos and less than 500m to the wonderful sandy beach of Almyros. The building is a total of 350m2 on 4 floors, positioned on a plot of 4.320m2. The main 4 bedroom villa of about 165m2 (113m2 + 52m2) consists of the two top floors. One floor below the villa is an uncompleted apartment of approximately 110m2.

This could be made into a comfortable 2 bedroom apartment. On the ground floor there is a garage/storage space of about 75m2. Construction work to the property was completed in 2000. The main villa and the garage/storage room on the ground floor have been finished. The Apartment and the exterior (entrance, landscaping etc.) have not been completed.

The main villa comprises: Ground floor, Open plan living room/dining room/kitchen with direct access to a spacious terrace, which offers wonderful sea views overlooking the beach of Almyros. On the same floor there are also two double bedrooms with fitted cupboards and a big bathroom with bathtub. Moving up the stairs to the top floor there are, two double bedrooms with fitted cupboards, one of the bedrooms has aluminum balcony doors that lead out onto the large top floor terrace.

There is also a shared bathroom with bathtub on this level. Also included in the property: Solar panel water heating system, Air-condition units in living room and kitchen, Central heating (Petrol), Aluminium doors, windows and shutters, Double glazed windows. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40mins away from the international airport of Heraklion.

Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. The microclimate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here.
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Currency Exchange

Agios Nikolaos, 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 €650,000 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
€650,000 £538,402 £558,643 £20,241
Property Price € €650,000
Minimum cost in the last six months £538,402
Maximum cost in the last six months £558,643
Fluctuating exchange rates over the last six months could have increased the cost of this property by £20,241

Agios Nikolaos, 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 €650,000 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
€650,000 £538,402 £558,643 £20,241
Property Price € €650,000
Minimum cost in the last six months £538,402
Maximum cost in the last six months £558,643
Fluctuating exchange rates over the last six months could have increased the cost of this property by £20,241

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 £20,241 more.

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