In a pristine location on the eastern side of Crete, this exclusive development of four high-end villas offers tranquillity, privacy and modern amenities in a sustainable way

Kokkino Chorio (Vamos), Crete, Greece

For Sale

€800,000

REF: 920745 €800,000


3

3

1000 m2

Description

In a pristine location on the eastern side of Crete, this exclusive development of four high-end villas offers tranquillity, privacy and modern amenities in a sustainable way. Each of the four 129 sqm villas is developed on its own 1,000 sqm plot, offering breathtaking views of the sea and the surrounding countryside.

The villas unfold over two floors, and there are two designs: Type A villas consist of a lower floor housing the open-plan living/dining room and kitchen, one bedroom with en-suite bathroom and a guest WC, and a staircase connecting it to the upper floor. The upper floor comprises two bedrooms, both with ensuite bathrooms.

Type B villas comprise a lower floor housing three bedrooms with en-suite bathrooms and a staircase leading to the upper floor. The upper floor houses the spacious open-plan living/dining room and kitchen as well as a guest WC. The large infinity swimming pool and sunbathing terrace are on the living room level in both villa types.

Both villa types also feature large balconies with sea and countryside views, while their landscaped gardens (and green roofs) will feature a variety of local and exotic flora. The villas are equipped with heat pumps as well as fire detection systems. The floor-to-ceiling sliding doors opening to the terrace from the living room are triple glass.

All villas have private carports with pre-installation of car chargers for electric vehicles. Rental potential These villas are ideal if you are looking for a combination of own use and rentals or if you are interested in investing in a property to generate extra rental income. Crete has the longest holiday season of all Greek islands, and there is strong demand for high-end accommodation throughout the year as the island is very popular with affluent, cosmopolitan travellers.

Location - Distances Immortalised as one of the filming locations for 'Zorba the Greek', Kokkino Chorio has preserved its traditional looks and the natives hospitality. Within the village, one can find small shops and mini markets catering for daily necessities such as groceries. In the Plateia, the village s main square, there is a coffee place, a kafeneion, as it is called in Greek, and a taverna.

Kokkino Chorio is settled in a breathtaking geological environment: strolling northwest from the village, one will find unique caves and geological formations. On the other hand, the strangely shaped mountain crowning Kokkino Chorio is called Drapanokefala, which translates in the sickle-like head. Following the 1964 filming, Kokkino Chorio has become a representative of Greek culture and life and for good reasons! Alongside other areas of Apokoronas, the most northeastern district in Chania, Kokkino Chorio combines stunning views and crystal waters with convenience.

You can easily reach Kokkino Chorio throughout the year, and in short distances and minute drives, you can find all that you may need! Koutalas Beach: 2 km Elephant Cave (scuba diving sight): 3 km Almyrida: 4.5 km Chania International Airport: 40 km Chania City Center (& Port): 29 km Rethymno City Center (& Old Town-Fortezza): 49 km
In a pristine location on the eastern side of Crete, this exclusive development of four high-end villas offers tranquillity, privacy and modern amenities in a sustainable way. Each of the four 129 sqm villas is developed on its own 1,000 sqm plot, offering breathtaking views of the sea and the surrounding countryside.

The villas unfold over two floors, and there are two designs: Type A villas consist of a lower floor housing the open-plan living/dining room and kitchen, one bedroom with en-suite bathroom and a guest WC, and a staircase connecting it to the upper floor. The upper floor comprises two bedrooms, both with ensuite bathrooms.

Type B villas comprise a lower floor housing three bedrooms with en-suite bathrooms and a staircase leading to the upper floor. The upper floor houses the spacious open-plan living/dining room and kitchen as well as a guest WC. The large infinity swimming pool and sunbathing terrace are on the living room level in both villa types.

Both villa types also feature large balconies with sea and countryside views, while their landscaped gardens (and green roofs) will feature a variety of local and exotic flora. The villas are equipped with heat pumps as well as fire detection systems. The floor-to-ceiling sliding doors opening to the terrace from the living room are triple glass.

All villas have private carports with pre-installation of car chargers for electric vehicles. Rental potential These villas are ideal if you are looking for a combination of own use and rentals or if you are interested in investing in a property to generate extra rental income. Crete has the longest holiday season of all Greek islands, and there is strong demand for high-end accommodation throughout the year as the island is very popular with affluent, cosmopolitan travellers.

Location - Distances Immortalised as one of the filming locations for 'Zorba the Greek', Kokkino Chorio has preserved its traditional looks and the natives hospitality. Within the village, one can find small shops and mini markets catering for daily necessities such as groceries. In the Plateia, the village s main square, there is a coffee place, a kafeneion, as it is called in Greek, and a taverna.

Kokkino Chorio is settled in a breathtaking geological environment: strolling northwest from the village, one will find unique caves and geological formations. On the other hand, the strangely shaped mountain crowning Kokkino Chorio is called Drapanokefala, which translates in the sickle-like head. Following the 1964 filming, Kokkino Chorio has become a representative of Greek culture and life and for good reasons! Alongside other areas of Apokoronas, the most northeastern district in Chania, Kokkino Chorio combines stunning views and crystal waters with convenience.

You can easily reach Kokkino Chorio throughout the year, and in short distances and minute drives, you can find all that you may need! Koutalas Beach: 2 km Elephant Cave (scuba diving sight): 3 km Almyrida: 4.5 km Chania International Airport: 40 km Chania City Center (& Port): 29 km Rethymno City Center (& Old Town-Fortezza): 49 km
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Property on Map

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Currency Exchange

Kokkino Chorio (Vamos), 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 €800,000 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
€800,000 £659,120 £687,560 £28,440
Property Price € €800,000
Minimum cost in the last six months £659,120
Maximum cost in the last six months £687,560
Fluctuating exchange rates over the last six months could have increased the cost of this property by £28,440

Kokkino Chorio (Vamos), 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 €800,000 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
€800,000 £659,120 £687,560 £28,440
Property Price € €800,000
Minimum cost in the last six months £659,120
Maximum cost in the last six months £687,560
Fluctuating exchange rates over the last six months could have increased the cost of this property by £28,440

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 £28,440 more.

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