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This splendid 105 sqm villa enjoys panoramic views of the Libyan Sea and offers all modern amenities and a special treat for its younger guests
Ierapetra Town, Crete, Greece
REF: 791650
€600,000
Description
This splendid 105 sqm villa enjoys panoramic views of the Libyan Sea and offers all modern amenities and a special treat for its younger guests. Developed on a 4000 sqm plot with panoramic sea views and just 350 m away from the sea, the villa comprises a ground floor consisting of a living/dining room, opening up to a shaded terrace overlooking the pool, a kitchen, three bedrooms, one with en-suite bathroom with bathtub, one guest bathroom and a storage facility. The floors are clad in marble and there is central heating, a fireplace, air-conditioning units and a solar hot-water boiler. The focal point of the villa's multi-tier gardens is the pool. There are also a BBQ and built wood oven, as well as a large children's playground area, complete with a merry-go-round, seesaw and swings. The garden is adorned with many trees, shrubs and flowers. There is private parking facility on the premises. Rental potential Renting a villa like this, on Greece s largest and most accessible island, can offer high returns and is a popular choice among many owners. You can benefit from sophisticated and professional villa management without having to worry about it yourself. Location - Distances Ierapetra lies in southern Crete and its name means "sacred stone". It is the fourth largest city on Crete and the major centre of the southern part of the island, synonymous with the production of olive oil since the Minoan times. Ierapetra has many sights and attractions, worth visiting is the Ottoman School which houses the Archaeological Collection of Ierapetra, the Venetian Fortress and the Ha Gorge. Ierapetra dons two hats, in the winter it is a major agricultural centre, while in the summer it becomes a popular tourist destination. It is also where one can take the ferry for the semitropical Chrissi island (also known as Gaidouronisi). Beach: 350 m Koutsounari Long Beach: 10 km Myrtos Beach: 17 km Sitia Airport - V. Kornaros: 60 km Heraklion Airport - N. Kazantzakis: 95 km
This splendid 105 sqm villa enjoys panoramic views of the Libyan Sea and offers all modern amenities and a special treat for its younger guests. Developed on a 4000 sqm plot with panoramic sea views and just 350 m away from the sea, the villa comprises a ground floor consisting of a living/dining room, opening up to a shaded terrace overlooking the pool, a kitchen, three bedrooms, one with en-suite bathroom with bathtub, one guest bathroom and a storage facility. The floors are clad in marble and there is central heating, a fireplace, air-conditioning units and a solar hot-water boiler. The focal point of the villa's multi-tier gardens is the pool. There are also a BBQ and built wood oven, as well as a large children's playground area, complete with a merry-go-round, seesaw and swings. The garden is adorned with many trees, shrubs and flowers. There is private parking facility on the premises. Rental potential Renting a villa like this, on Greece s largest and most accessible island, can offer high returns and is a popular choice among many owners. You can benefit from sophisticated and professional villa management without having to worry about it yourself. Location - Distances Ierapetra lies in southern Crete and its name means "sacred stone". It is the fourth largest city on Crete and the major centre of the southern part of the island, synonymous with the production of olive oil since the Minoan times. Ierapetra has many sights and attractions, worth visiting is the Ottoman School which houses the Archaeological Collection of Ierapetra, the Venetian Fortress and the Ha Gorge. Ierapetra dons two hats, in the winter it is a major agricultural centre, while in the summer it becomes a popular tourist destination. It is also where one can take the ferry for the semitropical Chrissi island (also known as Gaidouronisi). Beach: 350 m Koutsounari Long Beach: 10 km Myrtos Beach: 17 km Sitia Airport - V. Kornaros: 60 km Heraklion Airport - N. Kazantzakis: 95 km
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Currency Exchange
Ierapetra Town, 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 €600,000 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 |
|---|---|---|---|
| €600,000 | £496,986 | £515,916 | £18,930 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £496,986 |
| Maximum cost in the last six months | £515,916 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,930 |
Ierapetra Town, 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 €600,000 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 |
|---|---|---|---|
| €600,000 | £496,986 | £515,916 | £18,930 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £496,986 |
| Maximum cost in the last six months | £515,916 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,930 |
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 £18,930 more.
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