This unique 188 sqm villa is located in a tranquil setting amidst olive groves, close to Sivas in southern Crete

Sivas, Crete, Greece

For Sale

€1,125,000

REF: 903320 €1,125,000


3

3

6162 m2

Description

This unique 188 sqm villa is located in a tranquil setting amidst olive groves, close to Sivas in southern Crete. The very distinctive villa has been built on a large, 6,162 sqm plot, enjoying privacy and tranquillity, as well as splendid sea, mountain and valley views. The villa unfolds over one ground floor, with a 42 sqm basement storage, engine and laundry room.

The house features three bedrooms, all with en-suite bathrooms fitted with showers, and there is also a guest WC. The villa also has a spacious open-plan living/dining room and kitchen. Two of the bedrooms are located in one wing of the villa, while the living/dining room, kitchen and third bedroom are located in the other wing, giving autonomy to guests and making the property ideal for holiday rentals, as it can accommodate different parties in each of its wings.

The bedrooms are 35 sqm and have a private 14 sqm terrace. The outstanding feature of this villa is the floor-to-ceiling sliding panel blinds that run along the entire facade of the house. This practically means that when drawn, the interior spaces of the villa merge with its exterior, creating an outdoor ambience inside the house while also letting the sun warm the villa's interior even during the winter months.

The villa also features a 32 sqm pergola joining the two wings of the house and a 35 sqm balcony, which do not count towards the total area of the villa. The exterior of the villa is dominated by the large 12m x 4m swimming pool and sun deck, complete with loungers. The grounds of the villa feature an olive grove, and those closer to the house have an assortment of local and exotic flora, including some 170 vines from local Cretan varieties.

There is a carport for three vehicles, its roof being a 9.72kW photovoltaic system, while the port is also fitted with a EV charger. Cameras tend to ensure the safety and security of the premises. The fact that the villa stands on a large piece of land in an elevated position ensures its privacy and tranquillity despite the fact that it is just 500 meters away from the central square of Sivas.

Rental potential Crete is a prime tourist destination in Greece and enjoys the longest season, commencing in April and lasting well into November. The villa's versatility and proximity to, among other things, the world-renowned destination of Matala render it ideal for rentals. Indeed, the property has been successfully operating as holiday accommodation since its construction and has an established clientele and very favourable reviews across all major platforms.

Distances Sivas: 500 m Pitsidia: 4 km Minoan Palace of Phaestus: 6 km Kommos Beach: 6 km Matala: 8 km Tympaki: 10 km Heraklion International Airport: 60 km Heraklion City Center & Port: 57 km Rethymno: 74 km
This unique 188 sqm villa is located in a tranquil setting amidst olive groves, close to Sivas in southern Crete. The very distinctive villa has been built on a large, 6,162 sqm plot, enjoying privacy and tranquillity, as well as splendid sea, mountain and valley views. The villa unfolds over one ground floor, with a 42 sqm basement storage, engine and laundry room.

The house features three bedrooms, all with en-suite bathrooms fitted with showers, and there is also a guest WC. The villa also has a spacious open-plan living/dining room and kitchen. Two of the bedrooms are located in one wing of the villa, while the living/dining room, kitchen and third bedroom are located in the other wing, giving autonomy to guests and making the property ideal for holiday rentals, as it can accommodate different parties in each of its wings.

The bedrooms are 35 sqm and have a private 14 sqm terrace. The outstanding feature of this villa is the floor-to-ceiling sliding panel blinds that run along the entire facade of the house. This practically means that when drawn, the interior spaces of the villa merge with its exterior, creating an outdoor ambience inside the house while also letting the sun warm the villa's interior even during the winter months.

The villa also features a 32 sqm pergola joining the two wings of the house and a 35 sqm balcony, which do not count towards the total area of the villa. The exterior of the villa is dominated by the large 12m x 4m swimming pool and sun deck, complete with loungers. The grounds of the villa feature an olive grove, and those closer to the house have an assortment of local and exotic flora, including some 170 vines from local Cretan varieties.

There is a carport for three vehicles, its roof being a 9.72kW photovoltaic system, while the port is also fitted with a EV charger. Cameras tend to ensure the safety and security of the premises. The fact that the villa stands on a large piece of land in an elevated position ensures its privacy and tranquillity despite the fact that it is just 500 meters away from the central square of Sivas.

Rental potential Crete is a prime tourist destination in Greece and enjoys the longest season, commencing in April and lasting well into November. The villa's versatility and proximity to, among other things, the world-renowned destination of Matala render it ideal for rentals. Indeed, the property has been successfully operating as holiday accommodation since its construction and has an established clientele and very favourable reviews across all major platforms.

Distances Sivas: 500 m Pitsidia: 4 km Minoan Palace of Phaestus: 6 km Kommos Beach: 6 km Matala: 8 km Tympaki: 10 km Heraklion International Airport: 60 km Heraklion City Center & Port: 57 km Rethymno: 74 km
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Property on Map

#269369

Currency Exchange

Sivas, 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 €1,125,000 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
€1,125,000 £926,888 £966,881 £39,994
Property Price € €1,125,000
Minimum cost in the last six months £926,888
Maximum cost in the last six months £966,881
Fluctuating exchange rates over the last six months could have increased the cost of this property by £39,994

Sivas, 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 €1,125,000 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
€1,125,000 £926,888 £966,881 £39,994
Property Price € €1,125,000
Minimum cost in the last six months £926,888
Maximum cost in the last six months £966,881
Fluctuating exchange rates over the last six months could have increased the cost of this property by £39,994

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 £39,994 more.

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