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Boasting panoramic views of the bay and the enchanting area of Elounda, the Elounda Lagoon Villa is an impressive private estate standing at the top of a hill on the northeast coast of Crete
Mavrikiano, Crete, Greece
REF: 751989
€2,200,000
Description
Boasting panoramic views of the bay and the enchanting area of Elounda, the Elounda Lagoon Villa is an impressive private estate standing at the top of a hill on the northeast coast of Crete. Hidden from sight, this exquisite property enjoys unobstructed views of the azure Greek sky and the Aegean Sea. Upon entering the villa from the first floor, you are welcomed by the main living room, a fully equipped kitchen, and a dining area for six. A spacious veranda adjacent to the kitchen provides a peaceful setting. On this level, you'll find two bedrooms, a mini open-plan living room, a kitchenette, a laundry area, and a bathroom. The living area opens onto a terrace with panoramic views. An interior staircase leads to the second floor, featuring two master bedrooms with ensuite bathrooms, a double room with a living area, and a WC. At the pool level, there is an extra living room that offers an inviting atmosphere for relaxation and socializing. This area connects to the outdoor BBQ area and an infinity pool strategically placed to capture the breathtaking view. The surrounding area provides ample space for sunbathing, and there's a covered sitting area, and a jacuzzi. The villa is equipped with modern amenities, including air conditioning in each room, safety deposit boxes, an alarm system, satellite TV, a DVD player, a docking base with plug-ins for devices, Bluetooth connectivity, and Wi-Fi. Ample parking space, a solar water heating system, and a garden with olive trees, cypress trees, lavender, and rosemary complete the features. Location Elounda, nestled in east Crete between Agios Nikolaos and Plaka, offers a perfect blend of seaside serenity and activity. With its picturesque coastline, shaded beaches, and historical sites like Spinalonga, Elounda caters to diverse interests. The village boasts small beaches, the Kolokitha peninsula, and charming villages like Mavrikiano and Plaka for a glimpse into the past. The road from Agios Nikolaos to Elounda spans about 12 km, hugging the shoreline as it ascends a small mountain. On clear days, the panoramic view extends across Mirabello Bay to the eastern tip of Crete. Elounda is conveniently accessible from Heraklion Airport, taking approx. an hour by car. Ferry options are available to the Heraklion port, with frequent buses connecting Heraklion to Agios Nikolaos and Elounda.
Boasting panoramic views of the bay and the enchanting area of Elounda, the Elounda Lagoon Villa is an impressive private estate standing at the top of a hill on the northeast coast of Crete. Hidden from sight, this exquisite property enjoys unobstructed views of the azure Greek sky and the Aegean Sea. Upon entering the villa from the first floor, you are welcomed by the main living room, a fully equipped kitchen, and a dining area for six. A spacious veranda adjacent to the kitchen provides a peaceful setting. On this level, you'll find two bedrooms, a mini open-plan living room, a kitchenette, a laundry area, and a bathroom. The living area opens onto a terrace with panoramic views. An interior staircase leads to the second floor, featuring two master bedrooms with ensuite bathrooms, a double room with a living area, and a WC. At the pool level, there is an extra living room that offers an inviting atmosphere for relaxation and socializing. This area connects to the outdoor BBQ area and an infinity pool strategically placed to capture the breathtaking view. The surrounding area provides ample space for sunbathing, and there's a covered sitting area, and a jacuzzi. The villa is equipped with modern amenities, including air conditioning in each room, safety deposit boxes, an alarm system, satellite TV, a DVD player, a docking base with plug-ins for devices, Bluetooth connectivity, and Wi-Fi. Ample parking space, a solar water heating system, and a garden with olive trees, cypress trees, lavender, and rosemary complete the features. Location Elounda, nestled in east Crete between Agios Nikolaos and Plaka, offers a perfect blend of seaside serenity and activity. With its picturesque coastline, shaded beaches, and historical sites like Spinalonga, Elounda caters to diverse interests. The village boasts small beaches, the Kolokitha peninsula, and charming villages like Mavrikiano and Plaka for a glimpse into the past. The road from Agios Nikolaos to Elounda spans about 12 km, hugging the shoreline as it ascends a small mountain. On clear days, the panoramic view extends across Mirabello Bay to the eastern tip of Crete. Elounda is conveniently accessible from Heraklion Airport, taking approx. an hour by car. Ferry options are available to the Heraklion port, with frequent buses connecting Heraklion to Agios Nikolaos and Elounda.
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Currency Exchange
Mavrikiano, Crete, 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 €2,200,000 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 |
|---|---|---|---|
| €2,200,000 | £1,822,282 | £1,890,790 | £68,508 |
| Property Price € | €2,200,000 |
| Minimum cost in the last six months | £1,822,282 |
| Maximum cost in the last six months | £1,890,790 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £68,508 |
Mavrikiano, Crete, 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 €2,200,000 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 |
|---|---|---|---|
| €2,200,000 | £1,822,282 | £1,890,790 | £68,508 |
| Property Price € | €2,200,000 |
| Minimum cost in the last six months | £1,822,282 |
| Maximum cost in the last six months | £1,890,790 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £68,508 |
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 £68,508 more.
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