3 bedroom modern Villa with Pool overlooking sea and the countryside

Sitia, Greece

For Sale

€1,250,000

REF: 901701 €1,250,000


3

3


2010

300 m2

4000 m2

Description

Built on a hillside just outside the quiet coastal Cretan town of Sitia, this impressive villa is ideal for tourist/commercial use or to be used as a permanent residence. It is only a few minutes drive to the sandy beaches of Sitia. The 300 m2 villa has been built on a hillside plot of about 4000 m2.

It is a modern three-storey building with many comforts and an excellent outdoor space featuring a large swimming pool, a garden and lovely views of the sea and the surrounding countryside. On the first floor there is a spacious living/dining room with fireplace, a modern kitchen with barbecue, built-in oven and dining area on the balcony, an office area and a bathroom.

The view from all the spaces and mainly from the large balcony all along the house, is outstanding. On the second floor there is a small lounge, a double bedroom with sea view window, a bathroom with shower, a laundry room and a master bedroom with walk-in closet, private bathroom with bathtub and its own balcony.

On the ground floor there is a large space which is currently used as a gym (This could be modified into a 4th bedroom) and one more bedroom with its own bathroom with shower and direct access to the courtyard and the pool area. The house has underfloor heating with petrol, fireplace and air conditioning in all rooms.

The property has very good road connection and has ample uncovered parking. The town of Sitia is less than 10 minutes driving and the nearest beach is 3 minutes away by car. Sitia is an attractive seaside town. White-washed houses cling to a hillside laced by steep staircases and topped with a ruined Venetian castle.

Below, a promenade lined with tavernas and cafes hems in the fishing harbour. It s a slow-paced, friendly place where agriculture is the mainstay of the local economy. A long, sandy beach skirts a wide bay to the east of town. Sitia has a small airport with daily flights to and from Athens and a few charter flights from Europe during the summer. The international airport of Heraklion is 2 hours by car. The port has ferry connections to Piraeus and other islands of the Cyclades and Dodecanese.
Built on a hillside just outside the quiet coastal Cretan town of Sitia, this impressive villa is ideal for tourist/commercial use or to be used as a permanent residence. It is only a few minutes drive to the sandy beaches of Sitia. The 300 m2 villa has been built on a hillside plot of about 4000 m2.

It is a modern three-storey building with many comforts and an excellent outdoor space featuring a large swimming pool, a garden and lovely views of the sea and the surrounding countryside. On the first floor there is a spacious living/dining room with fireplace, a modern kitchen with barbecue, built-in oven and dining area on the balcony, an office area and a bathroom.

The view from all the spaces and mainly from the large balcony all along the house, is outstanding. On the second floor there is a small lounge, a double bedroom with sea view window, a bathroom with shower, a laundry room and a master bedroom with walk-in closet, private bathroom with bathtub and its own balcony.

On the ground floor there is a large space which is currently used as a gym (This could be modified into a 4th bedroom) and one more bedroom with its own bathroom with shower and direct access to the courtyard and the pool area. The house has underfloor heating with petrol, fireplace and air conditioning in all rooms.

The property has very good road connection and has ample uncovered parking. The town of Sitia is less than 10 minutes driving and the nearest beach is 3 minutes away by car. Sitia is an attractive seaside town. White-washed houses cling to a hillside laced by steep staircases and topped with a ruined Venetian castle.

Below, a promenade lined with tavernas and cafes hems in the fishing harbour. It s a slow-paced, friendly place where agriculture is the mainstay of the local economy. A long, sandy beach skirts a wide bay to the east of town. Sitia has a small airport with daily flights to and from Athens and a few charter flights from Europe during the summer. The international airport of Heraklion is 2 hours by car. The port has ferry connections to Piraeus and other islands of the Cyclades and Dodecanese.
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Currency Exchange

Sitia, 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 €1,250,000 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
€1,250,000 £1,035,388 £1,074,313 £38,925
Property Price € €1,250,000
Minimum cost in the last six months £1,035,388
Maximum cost in the last six months £1,074,313
Fluctuating exchange rates over the last six months could have increased the cost of this property by £38,925

Sitia, 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 €1,250,000 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
€1,250,000 £1,035,388 £1,074,313 £38,925
Property Price € €1,250,000
Minimum cost in the last six months £1,035,388
Maximum cost in the last six months £1,074,313
Fluctuating exchange rates over the last six months could have increased the cost of this property by £38,925

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 £38,925 more.

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