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Situated on an elevation in the village of Mariou and overlooking Plakias, Villa Aragma offers luxury and all modern amenities in a tranquil setting
Rethymno (regional unit), Crete, Greece
REF: 882431
€550,000
Description
Situated on an elevation in the village of Mariou and overlooking Plakias, Villa Aragma offers luxury and all modern amenities in a tranquil setting. This 120 sqm villa, built in 2022 in the characteristic 'Casa Cook' style, has been developed on an amphitheatric 700 sqm plot with splendid views of the sea, the popular resort of Plakias and the surrounding countryside. Villa Aragma comprises two buildings, joined by a large covered patio. The main building houses the open-plan living/dining room and kitchen, a guest WC, and the master bedroom with an ensuite bathroom. The second building houses the other two bedrooms, which share a WC, while each has its own shower room. All of the villa's rooms face the sea, and the floor-to-ceiling sliding doors allow the views to become part of the interior. An open-air dining room can be found under the shade of the ceiling connecting the two buildings, while the nearby BBQ will complete the al fresco experience. The villa's exterior space is dominated by the infinity swimming pool and sundeck, where you can relax under the Cretan sun while enjoying the sea view. The villa also features a small back garden, which can be a perfect playground for kids. Rental potential This villa is ideal 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 the south of Crete is very popular for villa rentals from early April until November. Elxis has its own rental management organisation in the south of Crete, which can take care of renting out your villa for you. There are no rental obligations; you are free to use your villa as you wish. Location - Distances Situated in the charming village of Mariou in Southern Rethymnon, Crete, the villa is approximately 5 minutes away from the centre of Plakias by car. In Plakias, you'll discover a variety of amenities such as restaurants, taverns, supermarkets, coffee shops, and more. Additionally, beautiful beaches like Damnoni, Amoudi, Amoudaki, Plakias Beach, and Souda Beach can be reached within 10 to 15 minutes by car. Conveniently, there's an excellent tavern and a mini-market within walking distance from the villa. Plakias Beach: 4 km Rethymno City Centre: 30 km Chania International Airport: 92 km Heraklion International Airport: 110 km Chania City Centre & Port: 86 km
Situated on an elevation in the village of Mariou and overlooking Plakias, Villa Aragma offers luxury and all modern amenities in a tranquil setting. This 120 sqm villa, built in 2022 in the characteristic 'Casa Cook' style, has been developed on an amphitheatric 700 sqm plot with splendid views of the sea, the popular resort of Plakias and the surrounding countryside. Villa Aragma comprises two buildings, joined by a large covered patio. The main building houses the open-plan living/dining room and kitchen, a guest WC, and the master bedroom with an ensuite bathroom. The second building houses the other two bedrooms, which share a WC, while each has its own shower room. All of the villa's rooms face the sea, and the floor-to-ceiling sliding doors allow the views to become part of the interior. An open-air dining room can be found under the shade of the ceiling connecting the two buildings, while the nearby BBQ will complete the al fresco experience. The villa's exterior space is dominated by the infinity swimming pool and sundeck, where you can relax under the Cretan sun while enjoying the sea view. The villa also features a small back garden, which can be a perfect playground for kids. Rental potential This villa is ideal 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 the south of Crete is very popular for villa rentals from early April until November. Elxis has its own rental management organisation in the south of Crete, which can take care of renting out your villa for you. There are no rental obligations; you are free to use your villa as you wish. Location - Distances Situated in the charming village of Mariou in Southern Rethymnon, Crete, the villa is approximately 5 minutes away from the centre of Plakias by car. In Plakias, you'll discover a variety of amenities such as restaurants, taverns, supermarkets, coffee shops, and more. Additionally, beautiful beaches like Damnoni, Amoudi, Amoudaki, Plakias Beach, and Souda Beach can be reached within 10 to 15 minutes by car. Conveniently, there's an excellent tavern and a mini-market within walking distance from the villa. Plakias Beach: 4 km Rethymno City Centre: 30 km Chania International Airport: 92 km Heraklion International Airport: 110 km Chania City Centre & Port: 86 km
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Currency Exchange
Rethymno (regional unit), 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £461,626 | £474,408 | £12,782 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £461,626 |
| Maximum cost in the last six months | £474,408 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,782 |
Rethymno (regional unit), 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £461,626 | £474,408 | £12,782 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £461,626 |
| Maximum cost in the last six months | £474,408 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,782 |
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 £12,782 more.
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