Bungalow/villa with pool offering amazing views of the Elounda bay

Agios Nikolaos, Greece

For Sale

€1,050,000

REF: 917132 €1,050,000


3

4


268 m2

Description

Set on a hill, just a few minutes drive from the beautiful resort of Elounda,. Agios Nikolaos, Lasithi, Crete, this is a detached villa which enjoys wonderful panoramic views of the Elounda and Mirabello bays. The fenced/gated property (4700m2 plot of land) is accessed by a private driveway. There are several parking spaces at the top part of the property (30 meters from the house) as well as another few parking spaces next to the house and guest houses.

The villa (268m2) consists of a large open plan living room/dining room and kitchen (with pantry room), a guest lavatory next to the lounnge, a reading room/study (which could be also used an extra bedroom), a large bathroom with bathtub and shower a walk-in wardrobe and a master bedroom with a covered balcony leading out to the pool and BBQ areas.

Next to the main house are two double bedrooms each with its own separate entrance, en-suite shower room and balcony with access to the pool and BBQ areas. In front of the living room there is a large covered balcony with steps down to the large pool terrace, to the left of the good sized pool (60m2) is a covered sitting area (pergola) and sun lounges, to the right of the main house there is the stone built BBQ with wood oven, pergola and terrace also offering unique views and privacy.

At the basement of the main house there is a laundry room, a guest/pool area shower room, a storage room and the Sauna. Lavish gardens complete with mature trees and cacti surrounds the villa giving an extra sense of beauty and tranquility. The house has central heating in all rooms (oil burning heating system).

There is also a wood burning stove in the lounge (with a covered wood storage next to the house). A solar panel provides free hot water for most part of the year (300+days of sunshine in Crete) this also has an emersion heating system for the few dull days. Automatic watering system installed throughout the garden.

Distances: Elounda, less than one kilometer. Agios Nikolaos 10 minute drive (10km) Heraklion international airport under an hour driving (70km) Elounda was a small fishing town on the Mirabello Bay, on the island of Crete. Although fishing is still a large part of life in this very picturesque area, tourism has taken over as the main industry of Elounda.

It is part of the municipality Agios Nikolaos. It is popular with European tourists and has many hotels including several 5*hotels. Elounda is also the closest major town to the former leper colony of Spinalonga. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete.
Set on a hill, just a few minutes drive from the beautiful resort of Elounda,. Agios Nikolaos, Lasithi, Crete, this is a detached villa which enjoys wonderful panoramic views of the Elounda and Mirabello bays. The fenced/gated property (4700m2 plot of land) is accessed by a private driveway. There are several parking spaces at the top part of the property (30 meters from the house) as well as another few parking spaces next to the house and guest houses.

The villa (268m2) consists of a large open plan living room/dining room and kitchen (with pantry room), a guest lavatory next to the lounnge, a reading room/study (which could be also used an extra bedroom), a large bathroom with bathtub and shower a walk-in wardrobe and a master bedroom with a covered balcony leading out to the pool and BBQ areas.

Next to the main house are two double bedrooms each with its own separate entrance, en-suite shower room and balcony with access to the pool and BBQ areas. In front of the living room there is a large covered balcony with steps down to the large pool terrace, to the left of the good sized pool (60m2) is a covered sitting area (pergola) and sun lounges, to the right of the main house there is the stone built BBQ with wood oven, pergola and terrace also offering unique views and privacy.

At the basement of the main house there is a laundry room, a guest/pool area shower room, a storage room and the Sauna. Lavish gardens complete with mature trees and cacti surrounds the villa giving an extra sense of beauty and tranquility. The house has central heating in all rooms (oil burning heating system).

There is also a wood burning stove in the lounge (with a covered wood storage next to the house). A solar panel provides free hot water for most part of the year (300+days of sunshine in Crete) this also has an emersion heating system for the few dull days. Automatic watering system installed throughout the garden.

Distances: Elounda, less than one kilometer. Agios Nikolaos 10 minute drive (10km) Heraklion international airport under an hour driving (70km) Elounda was a small fishing town on the Mirabello Bay, on the island of Crete. Although fishing is still a large part of life in this very picturesque area, tourism has taken over as the main industry of Elounda.

It is part of the municipality Agios Nikolaos. It is popular with European tourists and has many hotels including several 5*hotels. Elounda is also the closest major town to the former leper colony of Spinalonga. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete.
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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 €1,050,000 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
€1,050,000 £865,095 £902,423 £37,328
Property Price € €1,050,000
Minimum cost in the last six months £865,095
Maximum cost in the last six months £902,423
Fluctuating exchange rates over the last six months could have increased the cost of this property by £37,328

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 €1,050,000 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
€1,050,000 £865,095 £902,423 £37,328
Property Price € €1,050,000
Minimum cost in the last six months £865,095
Maximum cost in the last six months £902,423
Fluctuating exchange rates over the last six months could have increased the cost of this property by £37,328

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 £37,328 more.

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