Four bedroom villa with unobsrtucted sea views in Elounda

Agios Nikolaos, Greece

For Sale

€1,200,000

REF: 797729 €1,200,000


4

4


330 m2

2100 m2

Description

Located on the most desirable area between Agios Nikolaos and Elounda on a hillside, this villa overlooks the sparkling blue Aegean Sea from every room and the mountains of Sitia. The villa of 330m2 built on a plot of 2.100m2 comprises four bedrooms with five independent bathrooms plus open bathtubs with Jacuzzi on each bedroom.

On the entrance level there are two bedrooms with en suite bathrooms and open bathtubs with Jacuzzi, a guests WC and the kitchen/dining area that overlooks the pool and the sea. From the dining area, a staircase goes up to the first floor that has a big living room with high wooden ceiling in white color.

On this first floor level, there are two bedrooms one on each side of the living room, again with en suite bathrooms and open bathtubs with Jacuzzi in the bedroom area. There are sky light windows on these upper bedrooms giving plenty of light to the room and view to the starry night skies. On the same level, there is a big veranda accessible from both bedrooms and the living room from where there are breathtaking views towards the open blue, the gulf of Elounda and the mountains opposite.

On a lower level and next to the swimming pool there is an additional independent space, which was planned to be used as a gym or a spa area. The property has been used as a holiday villa when the owners are not present, which makes this place an excellent business opportunity. Agios Nikolaos is 6 km away and Elounda is 4 km from the property.

Very close and within walking distance are some of the most famous in the area five star hotels and luxury spas, making the place ideal for investment or a holidays luxury retreat. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 45 mins away from the international airport of Heraklion.

Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. Although Agios Nikolaos has a population of less than 20,000 it has a several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbor, cinema, theatre, gyms, a 9-hole golf course, schools ranging from nurseries to 6-level high school and generally all the amenities you would expect to find in a modern European town.

The microclimate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here.
Located on the most desirable area between Agios Nikolaos and Elounda on a hillside, this villa overlooks the sparkling blue Aegean Sea from every room and the mountains of Sitia. The villa of 330m2 built on a plot of 2.100m2 comprises four bedrooms with five independent bathrooms plus open bathtubs with Jacuzzi on each bedroom.

On the entrance level there are two bedrooms with en suite bathrooms and open bathtubs with Jacuzzi, a guests WC and the kitchen/dining area that overlooks the pool and the sea. From the dining area, a staircase goes up to the first floor that has a big living room with high wooden ceiling in white color.

On this first floor level, there are two bedrooms one on each side of the living room, again with en suite bathrooms and open bathtubs with Jacuzzi in the bedroom area. There are sky light windows on these upper bedrooms giving plenty of light to the room and view to the starry night skies. On the same level, there is a big veranda accessible from both bedrooms and the living room from where there are breathtaking views towards the open blue, the gulf of Elounda and the mountains opposite.

On a lower level and next to the swimming pool there is an additional independent space, which was planned to be used as a gym or a spa area. The property has been used as a holiday villa when the owners are not present, which makes this place an excellent business opportunity. Agios Nikolaos is 6 km away and Elounda is 4 km from the property.

Very close and within walking distance are some of the most famous in the area five star hotels and luxury spas, making the place ideal for investment or a holidays luxury retreat. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 45 mins away from the international airport of Heraklion.

Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. Although Agios Nikolaos has a population of less than 20,000 it has a several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbor, cinema, theatre, gyms, a 9-hole golf course, schools ranging from nurseries to 6-level high school and generally all the amenities you would expect to find in a modern European town.

The microclimate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here.
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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 €1,200,000 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
€1,200,000 £988,680 £1,031,340 £42,660
Property Price € €1,200,000
Minimum cost in the last six months £988,680
Maximum cost in the last six months £1,031,340
Fluctuating exchange rates over the last six months could have increased the cost of this property by £42,660

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 €1,200,000 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
€1,200,000 £988,680 £1,031,340 £42,660
Property Price € €1,200,000
Minimum cost in the last six months £988,680
Maximum cost in the last six months £1,031,340
Fluctuating exchange rates over the last six months could have increased the cost of this property by £42,660

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 £42,660 more.

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