This 275 sqm villa enjoys unobstructed panoramic views of the Aegean Sea, while offering all modern amenities at close proximity to Heraklion, the capital of Crete

Palaiokastro (Heraklion), Crete, Greece

For Sale

€1,500,000

REF: 804093 €1,500,000


4

2

4500 m2

Description

This 275 sqm villa enjoys unobstructed panoramic views of the Aegean Sea, while offering all modern amenities at close proximity to Heraklion, the capital of Crete. The villa is developed on a 4500 sqm privileged plot offering privacy and tranquility, as well as breathtaking vistas of the city of Heraklion.

It unfolds over three floors: an 90 sqm lower floor, a 100 sqm ground floor and a 85 sqm upper floor. The villa offers a total of four bedrooms, two bathrooms, one guest WC, as well as an open-plan living/dining room and kitchen, fitted with a fireplace. It is sold featuring many amenities, such as AC units, a secure door and alarm system, while all frames are aluminium and double-glazed.

The gardens of the villa are landscaped and the focal point is the swimming pool and adjacent children's pool, the BBQ and the outdoor siting/dining area. There is also private parking inside the premises. Finally, the villa has access to a secluded small bay, where you can enjoy the sea in privacy. Rental potential Its majestic sea and city views, its prime location and close proximity to Heraklion, as well as its features and amenities render this villa ideal for short-term rentals in a most desirable destination with an extended high season and commanding premium prices. Distances Heraklion: 17 km Heraklion Airport: 18 km Knossos: 18 km Rethymno: 64 km Chania: 127 km
This 275 sqm villa enjoys unobstructed panoramic views of the Aegean Sea, while offering all modern amenities at close proximity to Heraklion, the capital of Crete. The villa is developed on a 4500 sqm privileged plot offering privacy and tranquility, as well as breathtaking vistas of the city of Heraklion.

It unfolds over three floors: an 90 sqm lower floor, a 100 sqm ground floor and a 85 sqm upper floor. The villa offers a total of four bedrooms, two bathrooms, one guest WC, as well as an open-plan living/dining room and kitchen, fitted with a fireplace. It is sold featuring many amenities, such as AC units, a secure door and alarm system, while all frames are aluminium and double-glazed.

The gardens of the villa are landscaped and the focal point is the swimming pool and adjacent children's pool, the BBQ and the outdoor siting/dining area. There is also private parking inside the premises. Finally, the villa has access to a secluded small bay, where you can enjoy the sea in privacy. Rental potential Its majestic sea and city views, its prime location and close proximity to Heraklion, as well as its features and amenities render this villa ideal for short-term rentals in a most desirable destination with an extended high season and commanding premium prices. Distances Heraklion: 17 km Heraklion Airport: 18 km Knossos: 18 km Rethymno: 64 km Chania: 127 km
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Property on Map

#254744

Currency Exchange

Palaiokastro (Heraklion), 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 €1,500,000 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
€1,500,000 £1,235,850 £1,289,175 £53,325
Property Price € €1,500,000
Minimum cost in the last six months £1,235,850
Maximum cost in the last six months £1,289,175
Fluctuating exchange rates over the last six months could have increased the cost of this property by £53,325

Palaiokastro (Heraklion), 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 €1,500,000 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
€1,500,000 £1,235,850 £1,289,175 £53,325
Property Price € €1,500,000
Minimum cost in the last six months £1,235,850
Maximum cost in the last six months £1,289,175
Fluctuating exchange rates over the last six months could have increased the cost of this property by £53,325

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 £53,325 more.

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