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This 200 sqm villa is located on a hilltop in the village of Patelari and enjoys panoramic sea views of the Gulf of Chania
Patellari, Crete, Greece
REF: 864564
€590,000
Description
This 200 sqm villa is located on a hilltop in the village of Patelari and enjoys panoramic sea views of the Gulf of Chania. Developed on a 8000 sqm land parcel offering privacy and serenity, the villa unfolds over two floors. The ground floor houses the spacious living/dining room and open-plan kitchen. The villa features a total of three bedrooms, all with balconies offering nice sea views, as well as three bathrooms, one fitted with a bathtub. Large sliding doors open from the living/dining room to the terrace, which offers splendid panoramic views of the sea and the surrounding countryside. Next to the terrace there is a 35 sqm swimming pool and a jacuzzi for you to relax while enjoying the view and the tranquil ambience of the villa. The 8000 sqm land parcel features many olive trees, as well as other indigenous and exotic flora. Rental potential This property is an ideal choice if you are looking for a combination of own use and rentals or if you are interested in investing in a property to generate extra rental income. Crete has the longest holiday season of all Greek islands and is very popular for villa rentals from early April until November. Location - Distances The village of Patelari (sometimes spelled as Patellari) is situated at a short distance from the popular resort of Platanias and roughly a 20-minute drive from Chania, the second largest city of Crete. Famous for the large number of churches, including a minuscule one, the village emanates the traditional Cretan spirit and can function as a base for exploring the wonders of the western part of the island. Gerani Beach: 5 km Agia Marina Beach: 8 km Chania (City Center & Port): 16 km Chania International Airport: 30 km
This 200 sqm villa is located on a hilltop in the village of Patelari and enjoys panoramic sea views of the Gulf of Chania. Developed on a 8000 sqm land parcel offering privacy and serenity, the villa unfolds over two floors. The ground floor houses the spacious living/dining room and open-plan kitchen. The villa features a total of three bedrooms, all with balconies offering nice sea views, as well as three bathrooms, one fitted with a bathtub. Large sliding doors open from the living/dining room to the terrace, which offers splendid panoramic views of the sea and the surrounding countryside. Next to the terrace there is a 35 sqm swimming pool and a jacuzzi for you to relax while enjoying the view and the tranquil ambience of the villa. The 8000 sqm land parcel features many olive trees, as well as other indigenous and exotic flora. Rental potential This property is an ideal choice if you are looking for a combination of own use and rentals or if you are interested in investing in a property to generate extra rental income. Crete has the longest holiday season of all Greek islands and is very popular for villa rentals from early April until November. Location - Distances The village of Patelari (sometimes spelled as Patellari) is situated at a short distance from the popular resort of Platanias and roughly a 20-minute drive from Chania, the second largest city of Crete. Famous for the large number of churches, including a minuscule one, the village emanates the traditional Cretan spirit and can function as a base for exploring the wonders of the western part of the island. Gerani Beach: 5 km Agia Marina Beach: 8 km Chania (City Center & Port): 16 km Chania International Airport: 30 km
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Currency Exchange
Patellari, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £486,101 | £507,076 | £20,975 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £486,101 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,975 |
Patellari, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £486,101 | £507,076 | £20,975 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £486,101 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,975 |
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 £20,975 more.
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