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Seaview 3 bedroom villa in a beautiful scenery of South Crete
Ierapetra, Greece
REF: 833826
€375,000
Description
This magnificent detached villa is less than 10min drive from the picturesque coastal resort of Makrigialos, Ierapetra, Lasithi, Crete and within 300 meters from some of the most beautiful beaches of the area. The property is 136m2 on a wonderfully landscaped plot of approx 400m2, with beautiful gardens and terraces. There is enough space even to put a swimming pool. At the entrance of the house there is a front balcony with dining table. Internally there is an open plan living/dining room with fireplace, a modern fitted kitchen and a bathroom with shower. On the middle (mezzanine) level there is an open double bedroom. On the upper level there is 1 bathroom with shower and 2 double bedrooms with private balconies overlooking the sea and the countryside. The house is self-sufficient in electricity, with its own photovoltaic panels, but can be also connected to the grid. There is central heating with electric heaters, solar panel for hot water and air conditioning. It has good road access, fencing around the house with sliding gate and space for a car or two. The traditional fishing village of Makrigialos is situated in the south-east area of the island of Crete. It is an unspoilt area known for its spotless sandy beaches and good climate. There are plenty sea front tavernas and cafes as well as shops, pharmacies and other services in the village. The town of Ierapetra is a 25 minute drive from Makrigialos. The town and airport of Sitia is a 40 minute from here. The international airport of Heraklion is a 1 hour 40 minute drive.
This magnificent detached villa is less than 10min drive from the picturesque coastal resort of Makrigialos, Ierapetra, Lasithi, Crete and within 300 meters from some of the most beautiful beaches of the area. The property is 136m2 on a wonderfully landscaped plot of approx 400m2, with beautiful gardens and terraces. There is enough space even to put a swimming pool. At the entrance of the house there is a front balcony with dining table. Internally there is an open plan living/dining room with fireplace, a modern fitted kitchen and a bathroom with shower. On the middle (mezzanine) level there is an open double bedroom. On the upper level there is 1 bathroom with shower and 2 double bedrooms with private balconies overlooking the sea and the countryside. The house is self-sufficient in electricity, with its own photovoltaic panels, but can be also connected to the grid. There is central heating with electric heaters, solar panel for hot water and air conditioning. It has good road access, fencing around the house with sliding gate and space for a car or two. The traditional fishing village of Makrigialos is situated in the south-east area of the island of Crete. It is an unspoilt area known for its spotless sandy beaches and good climate. There are plenty sea front tavernas and cafes as well as shops, pharmacies and other services in the village. The town of Ierapetra is a 25 minute drive from Makrigialos. The town and airport of Sitia is a 40 minute from here. The international airport of Heraklion is a 1 hour 40 minute drive.
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Currency Exchange
Ierapetra, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £314,745 | £323,460 | £8,715 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £314,745 |
| Maximum cost in the last six months | £323,460 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,715 |
Ierapetra, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £314,745 | £323,460 | £8,715 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £314,745 |
| Maximum cost in the last six months | £323,460 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,715 |
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 £8,715 more.
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