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This property includes a 170 sqm stone villa and a 65 sqm guest house, located at the highest point in the village of Melidoni
Melidoni (Chania), Crete, Greece
REF: 752812
€670,000
Description
This property includes a 170 sqm stone villa and a 65 sqm guest house, located at the highest point in the village of Melidoni. Overlooking Kalyves beach, it provides clear views of the White Mountains. Melidoni is an agricultural village surrounded by olive groves. Developed on a 909 sqm plot the villa is developed over two floors and features two bedrooms, one with an en-suite bathroom, one further bathroom, a very spacious open plan living-dining room and kitchen with a fireplace, which opens to a balcony with amazing views. One of the most notable features of the villa is its very high ceiling. All windows are double glazed and fitted with shutters, while there is central heating as well as air conditioning units. The villa stands on a wonderful landscaped garden with an outdoor dining area, a BBQ and a swimming pool which includes a shallow area for children. The guest house is built on a plot of 220 sqm and it is also surrounded by a smaller garden. There is also parking on the premises, which are fenced. Rentals This property is an excellent choice if you are looking for a combination of own use and rentals, or if you are interested in investing in a property to generate extra rental income. Crete has the longest holiday season of all Greek islands, and the area of Apokoronas is very popular for villa rentals, from early April until November. Location Known as the "balcony of Apokoronas", the village Melidoni is built on the foothills of the White Mountains and at an altitude of 450 m. In recent years there has been great scientific and research interest in the caves in the village's vicinity, such as "Mavro Skiadi" [Black Shadow] which is the largest cave chasm in Greece and one of the largest in the world, going 342 m into the ground. The area is brimming with history and many important archaeological findings have been unearthed here. The landmark and center of the village's life is the church with its two towers, while the view from the square where it rests is truly breathtaking, extending down to Souda Bay. Distances Kalyves Beach: 12 km Chania City Center (and Port): 35 km Chania International Airport: 38 km Rethymno: 45 km
This property includes a 170 sqm stone villa and a 65 sqm guest house, located at the highest point in the village of Melidoni. Overlooking Kalyves beach, it provides clear views of the White Mountains. Melidoni is an agricultural village surrounded by olive groves. Developed on a 909 sqm plot the villa is developed over two floors and features two bedrooms, one with an en-suite bathroom, one further bathroom, a very spacious open plan living-dining room and kitchen with a fireplace, which opens to a balcony with amazing views. One of the most notable features of the villa is its very high ceiling. All windows are double glazed and fitted with shutters, while there is central heating as well as air conditioning units. The villa stands on a wonderful landscaped garden with an outdoor dining area, a BBQ and a swimming pool which includes a shallow area for children. The guest house is built on a plot of 220 sqm and it is also surrounded by a smaller garden. There is also parking on the premises, which are fenced. Rentals This property is an excellent choice if you are looking for a combination of own use and rentals, or if you are interested in investing in a property to generate extra rental income. Crete has the longest holiday season of all Greek islands, and the area of Apokoronas is very popular for villa rentals, from early April until November. Location Known as the "balcony of Apokoronas", the village Melidoni is built on the foothills of the White Mountains and at an altitude of 450 m. In recent years there has been great scientific and research interest in the caves in the village's vicinity, such as "Mavro Skiadi" [Black Shadow] which is the largest cave chasm in Greece and one of the largest in the world, going 342 m into the ground. The area is brimming with history and many important archaeological findings have been unearthed here. The landmark and center of the village's life is the church with its two towers, while the view from the square where it rests is truly breathtaking, extending down to Souda Bay. Distances Kalyves Beach: 12 km Chania City Center (and Port): 35 km Chania International Airport: 38 km Rethymno: 45 km
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Currency Exchange
Melidoni (Chania), 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 €670,000 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 |
|---|---|---|---|
| €670,000 | £552,013 | £575,832 | £23,819 |
| Property Price € | €670,000 |
| Minimum cost in the last six months | £552,013 |
| Maximum cost in the last six months | £575,832 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,819 |
Melidoni (Chania), 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 €670,000 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 |
|---|---|---|---|
| €670,000 | £552,013 | £575,832 | £23,819 |
| Property Price € | €670,000 |
| Minimum cost in the last six months | £552,013 |
| Maximum cost in the last six months | £575,832 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,819 |
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 £23,819 more.
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