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This beachfront villa near Kalamaki in Southern Crete offers luxurious accommodation where the waves break
Kalamaki (Kamilari), Crete, Greece
REF: 849276
€1,150,000
Description
This beachfront villa near Kalamaki in Southern Crete offers luxurious accommodation where the waves break. The 150 sqm villa is developed on a 1000 sqm plot just 100 metres from the beach and expands over two levels. The ground floor comprises an open-plan living/dining room and kitchen, a master bedroom with en-suite bathroom, one guest WC and a 4.65 sqm storage facility. An interior staircase leads to the first floor, which comprises of two bedrooms and a bathroom, as well as a spacious 22 sqm veranda. Large doors lead from the living room to the landscaped garden of the plot, the most prevailing feature of which is the large (14 x 6.5 m) heated swimming pool which uses sea water and is fitted with hydro-massage. There is also a kitchen-BBQ and outdoor dining area, while the property offers mesmerising views of the sea and the mountains. The property is sold fully and tastefully furnished, and all frames are double-glazed, triplex energy-saving and reclining, fitted with fly-screens. Rental potential Offering spacious and luxurious accommodation right next to a beautiful, sandy beach means that this property commands premium prices for an extended season in one of the most desirable Greek islands, Crete. It has been operating very successfully on various short-rental platforms since 2021, while the many property management firms operating in the area will undertake, against a fee, the promotion, cleaning and all formalities relating to short-term rentals, letting you enjoy with peace of mind both the property and the income it will generate. Location Just 5 km from the traditional and picturesque village of Kamilari, the property is located close to the major archaeological sites of Phaestus (or Phaistos), Agia Triada and Gortyn. The nearby small village of Kalamaki offers an excellent selection of local tavernas serving freshly cooked local dishes. The beach of Kalamaki and its sand dunes are the birthing grounds for the Caretta-Caretta tortoises and the endangered Loggerhead sea turtles. Distances Kalamaki: 3 km Kamilari: 5 km Tympaki: 6.5 km Matala: 13 km Heraklion: 64 km Heraklion International Airport: 65 km Rethymnon: 70 km
This beachfront villa near Kalamaki in Southern Crete offers luxurious accommodation where the waves break. The 150 sqm villa is developed on a 1000 sqm plot just 100 metres from the beach and expands over two levels. The ground floor comprises an open-plan living/dining room and kitchen, a master bedroom with en-suite bathroom, one guest WC and a 4.65 sqm storage facility. An interior staircase leads to the first floor, which comprises of two bedrooms and a bathroom, as well as a spacious 22 sqm veranda. Large doors lead from the living room to the landscaped garden of the plot, the most prevailing feature of which is the large (14 x 6.5 m) heated swimming pool which uses sea water and is fitted with hydro-massage. There is also a kitchen-BBQ and outdoor dining area, while the property offers mesmerising views of the sea and the mountains. The property is sold fully and tastefully furnished, and all frames are double-glazed, triplex energy-saving and reclining, fitted with fly-screens. Rental potential Offering spacious and luxurious accommodation right next to a beautiful, sandy beach means that this property commands premium prices for an extended season in one of the most desirable Greek islands, Crete. It has been operating very successfully on various short-rental platforms since 2021, while the many property management firms operating in the area will undertake, against a fee, the promotion, cleaning and all formalities relating to short-term rentals, letting you enjoy with peace of mind both the property and the income it will generate. Location Just 5 km from the traditional and picturesque village of Kamilari, the property is located close to the major archaeological sites of Phaestus (or Phaistos), Agia Triada and Gortyn. The nearby small village of Kalamaki offers an excellent selection of local tavernas serving freshly cooked local dishes. The beach of Kalamaki and its sand dunes are the birthing grounds for the Caretta-Caretta tortoises and the endangered Loggerhead sea turtles. Distances Kalamaki: 3 km Kamilari: 5 km Tympaki: 6.5 km Matala: 13 km Heraklion: 64 km Heraklion International Airport: 65 km Rethymnon: 70 km
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Currency Exchange
Kalamaki (Kamilari), 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 €1,150,000 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 |
|---|---|---|---|
| €1,150,000 | £947,485 | £988,368 | £40,883 |
| Property Price € | €1,150,000 |
| Minimum cost in the last six months | £947,485 |
| Maximum cost in the last six months | £988,368 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,883 |
Kalamaki (Kamilari), 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 €1,150,000 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 |
|---|---|---|---|
| €1,150,000 | £947,485 | £988,368 | £40,883 |
| Property Price € | €1,150,000 |
| Minimum cost in the last six months | £947,485 |
| Maximum cost in the last six months | £988,368 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,883 |
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 £40,883 more.
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