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New 6 bedroom luxury villa with amazing bay and island views
Agios Nikolaos, Greece
REF: 797717
€1,750,000
Description
Set on a hillside facing the historical island of Spinalonga and enjoying uninterrupted bay views this luxury 5 bedroom villa is the ideal exclusive resort accommodation for you and your loved ones. This villa has the potential to yield a high rental income. The luxurious villa comprises on the entrance level a living room, a dining table, a kitchen, a guest WC, the boiler room, external terraces, a swimming pool and a garden. On the intermediate level there is a double bedroom with en-suite bathroom with a staircase leading directly to the swimming pool area. On the 1st floor there are 3 spacious double bedrooms all with en-suite baths. Two of these bedrooms have direct sea views. On the top floor is the master bedroom which has a large balcony, a walk-in wardrobe and again its own en-suite bathroom. There is one more room next to the main house which can be used as a guest apartment, a gym, a playroom or any other similar use. The building is state of the art and the house electrics, plumbing, security etc will be completely controllable from its future owners through a digital hub interface. 2 minutes drive from the beach and the traditional resort of Plaka, Elounda. 15 minutes from the province capital, Agios Nikolaos. An hours drive to the airport. Elounda Elounta was a small fishing town on the Mirabello Bay, on the island of Crete. Although fishing is still a large part of life in this very picturesque area, tourism has taken over as the main industry of Elounda. It is part of the municipality Agios Nikolaos. It is popular with European tourists and has many hotels including several 5*hotels. Elounda is also the closest major town to the former leper colony of Spinalonga. The town is a 10 minute drive to Agios Nikolaos and the village of Plaka (Lasithi).
Set on a hillside facing the historical island of Spinalonga and enjoying uninterrupted bay views this luxury 5 bedroom villa is the ideal exclusive resort accommodation for you and your loved ones. This villa has the potential to yield a high rental income. The luxurious villa comprises on the entrance level a living room, a dining table, a kitchen, a guest WC, the boiler room, external terraces, a swimming pool and a garden. On the intermediate level there is a double bedroom with en-suite bathroom with a staircase leading directly to the swimming pool area. On the 1st floor there are 3 spacious double bedrooms all with en-suite baths. Two of these bedrooms have direct sea views. On the top floor is the master bedroom which has a large balcony, a walk-in wardrobe and again its own en-suite bathroom. There is one more room next to the main house which can be used as a guest apartment, a gym, a playroom or any other similar use. The building is state of the art and the house electrics, plumbing, security etc will be completely controllable from its future owners through a digital hub interface. 2 minutes drive from the beach and the traditional resort of Plaka, Elounda. 15 minutes from the province capital, Agios Nikolaos. An hours drive to the airport. Elounda Elounta was a small fishing town on the Mirabello Bay, on the island of Crete. Although fishing is still a large part of life in this very picturesque area, tourism has taken over as the main industry of Elounda. It is part of the municipality Agios Nikolaos. It is popular with European tourists and has many hotels including several 5*hotels. Elounda is also the closest major town to the former leper colony of Spinalonga. The town is a 10 minute drive to Agios Nikolaos and the village of Plaka (Lasithi).
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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 €1,750,000 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 |
|---|---|---|---|
| €1,750,000 | £1,441,825 | £1,504,038 | £62,213 |
| Property Price € | €1,750,000 |
| Minimum cost in the last six months | £1,441,825 |
| Maximum cost in the last six months | £1,504,038 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £62,213 |
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 €1,750,000 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 |
|---|---|---|---|
| €1,750,000 | £1,441,825 | £1,504,038 | £62,213 |
| Property Price € | €1,750,000 |
| Minimum cost in the last six months | £1,441,825 |
| Maximum cost in the last six months | £1,504,038 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £62,213 |
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 £62,213 more.
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