Nestled on a seafront plot with private access to the beach, Villa Ikaros offers a stunning scenery and a relaxed pace of life in the very heart of the Aegean Sea, on the island of Ikaria

Faros, Aegean Islands, Greece

For Sale

€390,000

REF: 646501 €390,000


2

2

2028 m2

Description

Nestled on a seafront plot with private access to the beach, Villa Ikaros offers a stunning scenery and a relaxed pace of life in the very heart of the Aegean Sea, on the island of Ikaria. Built in 2012, the villa provides a living space of 93 sqm on a secluded plot of 1,700 sqm. It consists of two bedrooms, two bathrooms (one en-suite), a kitchen area and a spacious living room with open views to the garden and the sea.

The outside area has a bbq area, a traditional oven (wood/coal), and two large sitting areas, one by the pool and one covered by a pergola and used as the main outdoors dining area. The spacious garden is equipped with an automated irrigation system and a 40 sqm swimming pool that overlooks the sea.

A private path provides instant access to the pebbly beach, leading till the water s edge. Other features of this villa are: The possibility to build another 60 sqm on the plot. Outdoors shaded parking for two cars. Wooden hut, used as a storage space. Installed solar panel system for autonomous power usage - provision for a small wind turbine.

Location The island of Ikaria belongs to one of the 5 Blue Zones in the world, and especially during summer months the island is visited by a select group of visitors from around the globe. The villa is nestled on a quiet road near the sea-sided village of Faros, in a distance of approx. 3 km someone can find shops, markets and beachfront tavernas.

Its location offers the double-fold benefit of being 5 km away from the airport and 10 km from the port of Agios Kirikos. You can reach Ikaria both by ferry boats (4,5 hours) and direct flights (40 min.) from Athens. Trivia: Blue Zone is a name given to five regions in the world where people routinely surpass average global life expectancies, mainly due to geography, culture, diet and lifestyle.
Nestled on a seafront plot with private access to the beach, Villa Ikaros offers a stunning scenery and a relaxed pace of life in the very heart of the Aegean Sea, on the island of Ikaria. Built in 2012, the villa provides a living space of 93 sqm on a secluded plot of 1,700 sqm. It consists of two bedrooms, two bathrooms (one en-suite), a kitchen area and a spacious living room with open views to the garden and the sea.

The outside area has a bbq area, a traditional oven (wood/coal), and two large sitting areas, one by the pool and one covered by a pergola and used as the main outdoors dining area. The spacious garden is equipped with an automated irrigation system and a 40 sqm swimming pool that overlooks the sea.

A private path provides instant access to the pebbly beach, leading till the water s edge. Other features of this villa are: The possibility to build another 60 sqm on the plot. Outdoors shaded parking for two cars. Wooden hut, used as a storage space. Installed solar panel system for autonomous power usage - provision for a small wind turbine.

Location The island of Ikaria belongs to one of the 5 Blue Zones in the world, and especially during summer months the island is visited by a select group of visitors from around the globe. The villa is nestled on a quiet road near the sea-sided village of Faros, in a distance of approx. 3 km someone can find shops, markets and beachfront tavernas.

Its location offers the double-fold benefit of being 5 km away from the airport and 10 km from the port of Agios Kirikos. You can reach Ikaria both by ferry boats (4,5 hours) and direct flights (40 min.) from Athens. Trivia: Blue Zone is a name given to five regions in the world where people routinely surpass average global life expectancies, mainly due to geography, culture, diet and lifestyle.
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#151805

Currency Exchange

Faros, Aegean Islands, 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 €390,000 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
€390,000 £324,363 £336,398 £12,035
Property Price € €390,000
Minimum cost in the last six months £324,363
Maximum cost in the last six months £336,398
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,035

Faros, Aegean Islands, 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 €390,000 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
€390,000 £324,363 £336,398 £12,035
Property Price € €390,000
Minimum cost in the last six months £324,363
Maximum cost in the last six months £336,398
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,035

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 £12,035 more.

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