2 Apartment property with uninterrupted sea views and large garden

Agios Nikolaos, Greece

For Sale

€240,000

REF: 901683 €240,000


4

2

107 m2

1000 m2

Description

Set just 5 kilometers south of the cosmopolitan resort of Agios Nikolaos, Crete in the quiet seaside area of Vathi, which is not far from many nice beaches and resorts, this is a building consisting of two 2 bedroom apartments of approximately 50m2 and 57m2 each. The building stands on a private plot of land of 1000 square meters and it has a private driveway.

Both apartments have similar layouts, they comprise a good sized living room with sea views from the front window, a small (but practical) kitchen, a bathroom/shower room and 2 double bedrooms with fitted wardrobes. The bedrooms to the right of the house as we are looking to the sea, both have balconies which enjoy great sea and country views.

Next to the apartments entrances there is a large terrace with a pergola with dining table and four chairs. In front of this terrace is another terrace with sunbeds. The property has parking for several cars in front of the property. Around the house there are nice flower and fruit gardens and there is also an olive grove belonging to the property on the land which is easily accessed by a stone staircase.

Mature olive and lemon trees as well as grape vine in the garden which has three watering zones with programmable timers. Solar panel water heating system provides hot water for the top apartment and part of the ground floor apartment (kitchen, the bathroom on the ground floor is emersion heated). There are two small storage rooms in the building.

One of the ground floor bedrooms is currently used as a storage/utility room with shelving. The property is in excellent condition and is sold fully furnished. There are separate water and electric meters on each apartment which would be useful if one would want to rent out one of the apartments. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40mins away from the international airport of Heraklion.

Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. Although Agios Nikolaos has a population of less than 20,000 it has a several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbour, cinema, theatre, gyms, a 9-hole golf course, schools ranging from nurseries to 6-level high school and generally all the amenities you would expect to find in a large modern European town.

The micro-climate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here. It is a 40-minute drive to Heraklion International Airport and a moderately short flight away from all major European cities.
Set just 5 kilometers south of the cosmopolitan resort of Agios Nikolaos, Crete in the quiet seaside area of Vathi, which is not far from many nice beaches and resorts, this is a building consisting of two 2 bedroom apartments of approximately 50m2 and 57m2 each. The building stands on a private plot of land of 1000 square meters and it has a private driveway.

Both apartments have similar layouts, they comprise a good sized living room with sea views from the front window, a small (but practical) kitchen, a bathroom/shower room and 2 double bedrooms with fitted wardrobes. The bedrooms to the right of the house as we are looking to the sea, both have balconies which enjoy great sea and country views.

Next to the apartments entrances there is a large terrace with a pergola with dining table and four chairs. In front of this terrace is another terrace with sunbeds. The property has parking for several cars in front of the property. Around the house there are nice flower and fruit gardens and there is also an olive grove belonging to the property on the land which is easily accessed by a stone staircase.

Mature olive and lemon trees as well as grape vine in the garden which has three watering zones with programmable timers. Solar panel water heating system provides hot water for the top apartment and part of the ground floor apartment (kitchen, the bathroom on the ground floor is emersion heated). There are two small storage rooms in the building.

One of the ground floor bedrooms is currently used as a storage/utility room with shelving. The property is in excellent condition and is sold fully furnished. There are separate water and electric meters on each apartment which would be useful if one would want to rent out one of the apartments. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40mins away from the international airport of Heraklion.

Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. Although Agios Nikolaos has a population of less than 20,000 it has a several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbour, cinema, theatre, gyms, a 9-hole golf course, schools ranging from nurseries to 6-level high school and generally all the amenities you would expect to find in a large modern European town.

The micro-climate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here. It is a 40-minute drive to Heraklion International Airport and a moderately short flight away from all major European cities.
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Currency Exchange

Agios Nikolaos, 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 €240,000 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
€240,000 £198,794 £206,268 £7,474
Property Price € €240,000
Minimum cost in the last six months £198,794
Maximum cost in the last six months £206,268
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,474

Agios Nikolaos, 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 €240,000 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
€240,000 £198,794 £206,268 £7,474
Property Price € €240,000
Minimum cost in the last six months £198,794
Maximum cost in the last six months £206,268
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,474

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 £7,474 more.

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