This three-bedroom villa in the village of Armeni, near Rethymno, offers serenity and is the ideal base for exploring the island's wonders

Armeni (Rethymno), Crete, Greece

For Sale

€520,000

REF: 814747 €520,000


3

3

750 m2

Description

This three-bedroom villa in the village of Armeni, near Rethymno, offers serenity and is the ideal base for exploring the island's wonders. Just a stone's throw away from Rethymno and some of the most beautiful beaches on the island, the 190 sqm villa is developed on a 750 plot and expands over two floors.

The ground floor houses an open-plan living/dining room and kitchen, with large patio doors leading to the pool terrace. A few steps take us to the open mezzanine floor overlooking the living room and offering an alternative seating area. Two of the villa's bedrooms are on this floor, one fitted with a king-size bed and one with two single beds.

Both bedrooms have access to balconies overlooking the villa's gardens. There are also two bathrooms on this floor, one equipped with a bathtub and double sinks, while the other features a shower. Both bedrooms feature balconies overlooking the garden. The villa also offers a self-inclusive and independent lower-floor apartment, comprising a lounge area with a kitchenette, a bedroom with a king-size bed, and a bathroom fitted with a shower cabin, as well as a drawing room with direct access to a patio area and a small garden.

The apartment is accessible via its own main entrance. Please note that the property is sold fully furnished and equipped. The villa's outdoor area extends over 450 sqm, and its focal point is the 18 sqm swimming pool and pool terrace with sun loungers, umbrellas, and an outdoor shower. There is also a BBQ and outdoor dining table for up to ten and a shaded pergola offering additional seating.

The landscaped gardens include a variety of local flora, such as trees, shrubs, and flowers, but also lawn areas for children to enjoy. The gated entrance with driveway and parking further underscores the feeling of privacy and modern luxury. Location - Rental Potential Taking its name from the Armenian soldiers who fought for its liberation under Nikoforos Fokas in 961, the picturesque village of Armeni stands some 10.5 km south of Rethymno in a valley at an altitude of 380 meters amidst many vineyards and olive groves.

Its location renders it an ideal, serene base for exploring both the northern and southern parts of Crete. Such properties are an ideal choice if you are looking for a combination of private use and rental or if you are interested in investing in a property to generate additional rental income. Crete has the longest holiday season of all the Greek islands and is very popular for villa rentals from early April to November.

The villa is ready for rental as it can use the services of a professional local management and maintenance firm. Distances Rethymno Old Town: 10 km Rethymno Beach: 10 km Platanes Beach: 14 km Chania International Airport: 72 km Heraklion International Airport: 90 km Chania City Center: 65 km Heraklion City Center: 86 km
This three-bedroom villa in the village of Armeni, near Rethymno, offers serenity and is the ideal base for exploring the island's wonders. Just a stone's throw away from Rethymno and some of the most beautiful beaches on the island, the 190 sqm villa is developed on a 750 plot and expands over two floors.

The ground floor houses an open-plan living/dining room and kitchen, with large patio doors leading to the pool terrace. A few steps take us to the open mezzanine floor overlooking the living room and offering an alternative seating area. Two of the villa's bedrooms are on this floor, one fitted with a king-size bed and one with two single beds.

Both bedrooms have access to balconies overlooking the villa's gardens. There are also two bathrooms on this floor, one equipped with a bathtub and double sinks, while the other features a shower. Both bedrooms feature balconies overlooking the garden. The villa also offers a self-inclusive and independent lower-floor apartment, comprising a lounge area with a kitchenette, a bedroom with a king-size bed, and a bathroom fitted with a shower cabin, as well as a drawing room with direct access to a patio area and a small garden.

The apartment is accessible via its own main entrance. Please note that the property is sold fully furnished and equipped. The villa's outdoor area extends over 450 sqm, and its focal point is the 18 sqm swimming pool and pool terrace with sun loungers, umbrellas, and an outdoor shower. There is also a BBQ and outdoor dining table for up to ten and a shaded pergola offering additional seating.

The landscaped gardens include a variety of local flora, such as trees, shrubs, and flowers, but also lawn areas for children to enjoy. The gated entrance with driveway and parking further underscores the feeling of privacy and modern luxury. Location - Rental Potential Taking its name from the Armenian soldiers who fought for its liberation under Nikoforos Fokas in 961, the picturesque village of Armeni stands some 10.5 km south of Rethymno in a valley at an altitude of 380 meters amidst many vineyards and olive groves.

Its location renders it an ideal, serene base for exploring both the northern and southern parts of Crete. Such properties are an ideal choice if you are looking for a combination of private use and rental or if you are interested in investing in a property to generate additional rental income. Crete has the longest holiday season of all the Greek islands and is very popular for villa rentals from early April to November.

The villa is ready for rental as it can use the services of a professional local management and maintenance firm. Distances Rethymno Old Town: 10 km Rethymno Beach: 10 km Platanes Beach: 14 km Chania International Airport: 72 km Heraklion International Airport: 90 km Chania City Center: 65 km Heraklion City Center: 86 km
Read More

Property on Map

#256732

Currency Exchange

Armeni (Rethymno), 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 €520,000 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
€520,000 £428,428 £446,914 £18,486
Property Price € €520,000
Minimum cost in the last six months £428,428
Maximum cost in the last six months £446,914
Fluctuating exchange rates over the last six months could have increased the cost of this property by £18,486

Armeni (Rethymno), 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 €520,000 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
€520,000 £428,428 £446,914 £18,486
Property Price € €520,000
Minimum cost in the last six months £428,428
Maximum cost in the last six months £446,914
Fluctuating exchange rates over the last six months could have increased the cost of this property by £18,486

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 £18,486 more.

Read More

Search popular regions







No     Yes



No     Yes

I agree to be connected with a trusted property agent who will receive these details.
We handle your data with care and only ever as outlined in our Privacy Policy

Loading..
We use cookies to improve your experience on our website. By browsing this website, you agree to our use of cookies.