A versatile villa with a large orchard offering multiple investment opportunities in Agia, near Chania

Agia, Crete, Greece

For Sale

€550,000

REF: 894475 €550,000


4

2

4430 m2

Description

A versatile villa with a large orchard offering multiple investment opportunities in Agia, near Chania. The 125 sqm villa is developed on a large plot of 4,430 sqm and unfolds over two floors, each housing a self-contained apartment. The floors communicate through an exterior staircase. The 70 sqm ground-floor apartment offers a living room and open-plan kitchen, as well as two bedrooms and one bathroom.

The living room and bedrooms feature large patio doors opening up to the garden and pool. The 55 sqm first-floor apartment offers a living room and open-plan kitchen, two bedrooms, and one bathroom. Its main feature is that all of its rooms feature balconies with nice mountain and valley views. Both apartments come fully furnished and equipped, ready for either residential or commercial operation.

The property also features a 6.3kW photovoltaic system, thus greatly reducing utility bills. The villa's exterior spaces focus on the large, 50 sqm L-shaped swimming pool and sun lounge deck. There is also a stone-built BBQ and several shaded dining areas, complete with tables and chairs, for guests to enjoy an alfresco experience.

There is also open-air parking for three cars inside the premises. Some 2,000 sqm of the total plot constitute the verdurous gardens of the villa, which feature an assortment of local and exotic flora. The remaining land is an orchard with 210 orange, mango and avocado trees, a full root-irrigation system, and an overground artificial rain and misting system.

The property is sold together with all infrastructure, tools, and machinery required to tend to the orchard. Investment potential Crete is one of the most popular tourist destinations in the Mediterranean. It boasts an extended season, beginning in early-mid April and extending well into the first half of November.

It is served by two major international airports, one in Chania and the other in Heraklion, and two major passenger ports, again in Chania and Heraklion. This eco-tourism villa has been successfully operating as a holiday stay unit, with the highest rating on social media and Google. It is licensed by the Greek National Tourism Organisation (GNTO).

Its location and versatility, its large pool and tranquil environment, and its established reputation render it ideal for tourist operations. Location - Distances The greater vicinity of Chania is famous for its exotic places, cultural landmarks (especially in the Old Town) and Cretan cuisine. Here, you ll discover a variety of natural landmarks to visit, including the White Mountains, the captivating Samaria Gorge, and many charming coastal and mountain villages.

The village of Agia is 9 km south of Chania and adjacent to the artificial freshwater homonymous lake. The lake used to be operated for electricity generation, but this activity has been discontinued, although the installation has survived and is visitable. The lake has become a wetland habitat, home to many local and migratory species of birds, as well as other fauna and flora.

Indeed, it is now protected by international treaties for the environment. Super Market: 1 km Agia Village: 2 km Gerani Beach: 8 km Platanias Beach: 8 km Agia Marina Beach: 10 km Maleme: 11 km Chania (City Center & Port): 12 km Chania International Airport: 25 km
A versatile villa with a large orchard offering multiple investment opportunities in Agia, near Chania. The 125 sqm villa is developed on a large plot of 4,430 sqm and unfolds over two floors, each housing a self-contained apartment. The floors communicate through an exterior staircase. The 70 sqm ground-floor apartment offers a living room and open-plan kitchen, as well as two bedrooms and one bathroom.

The living room and bedrooms feature large patio doors opening up to the garden and pool. The 55 sqm first-floor apartment offers a living room and open-plan kitchen, two bedrooms, and one bathroom. Its main feature is that all of its rooms feature balconies with nice mountain and valley views. Both apartments come fully furnished and equipped, ready for either residential or commercial operation.

The property also features a 6.3kW photovoltaic system, thus greatly reducing utility bills. The villa's exterior spaces focus on the large, 50 sqm L-shaped swimming pool and sun lounge deck. There is also a stone-built BBQ and several shaded dining areas, complete with tables and chairs, for guests to enjoy an alfresco experience.

There is also open-air parking for three cars inside the premises. Some 2,000 sqm of the total plot constitute the verdurous gardens of the villa, which feature an assortment of local and exotic flora. The remaining land is an orchard with 210 orange, mango and avocado trees, a full root-irrigation system, and an overground artificial rain and misting system.

The property is sold together with all infrastructure, tools, and machinery required to tend to the orchard. Investment potential Crete is one of the most popular tourist destinations in the Mediterranean. It boasts an extended season, beginning in early-mid April and extending well into the first half of November.

It is served by two major international airports, one in Chania and the other in Heraklion, and two major passenger ports, again in Chania and Heraklion. This eco-tourism villa has been successfully operating as a holiday stay unit, with the highest rating on social media and Google. It is licensed by the Greek National Tourism Organisation (GNTO).

Its location and versatility, its large pool and tranquil environment, and its established reputation render it ideal for tourist operations. Location - Distances The greater vicinity of Chania is famous for its exotic places, cultural landmarks (especially in the Old Town) and Cretan cuisine. Here, you ll discover a variety of natural landmarks to visit, including the White Mountains, the captivating Samaria Gorge, and many charming coastal and mountain villages.

The village of Agia is 9 km south of Chania and adjacent to the artificial freshwater homonymous lake. The lake used to be operated for electricity generation, but this activity has been discontinued, although the installation has survived and is visitable. The lake has become a wetland habitat, home to many local and migratory species of birds, as well as other fauna and flora.

Indeed, it is now protected by international treaties for the environment. Super Market: 1 km Agia Village: 2 km Gerani Beach: 8 km Platanias Beach: 8 km Agia Marina Beach: 10 km Maleme: 11 km Chania (City Center & Port): 12 km Chania International Airport: 25 km
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Property on Map

#268211

Currency Exchange

Agia, 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 £453,145 £472,698 £19,553
Property Price € €550,000
Minimum cost in the last six months £453,145
Maximum cost in the last six months £472,698
Fluctuating exchange rates over the last six months could have increased the cost of this property by £19,553

Agia, 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 £453,145 £472,698 £19,553
Property Price € €550,000
Minimum cost in the last six months £453,145
Maximum cost in the last six months £472,698
Fluctuating exchange rates over the last six months could have increased the cost of this property by £19,553

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 £19,553 more.

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