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Unique property of 2 luxury villas of 232 m2 in an elite residential area
Agios Nikolaos, Greece
REF: 342450
€1,250,000
Description
Newly reduced price. An exclusive 2-villa property for sale in the elite area of Elounda. Each villa has dimensions of 232 m2 (about 2320 sq ft) a situated on a gently sloping hill above Elounda beach on land of 4.200 m2 (about 42000sq ft). Both villas have wonderful sea and mountain views and are surrounded by beautiful gardens, vast paved areas, patios and lawns. The property is enclosed with a natural stonewall and an iron gate opens on to the driveway. A seawater swimming pool of 60 m2 and 4 meters deep, encircled with bathing areas is located in front of the villas on a slightly lower level. Each villa has a sitting/dining room with fireplace and french doors opening out onto the verandas. A beautifully designed, fully equipped kitchen and a wc. are also on the ground floor. Three bedrooms with fitted wardrobes, en-suite bath or shower rooms and wonderful sea-facing balconies are on the 1st floor. All living rooms and bedrooms have the highest quality of parquet flooring. The kitchen and bathrooms are beautifully tiled. The sale of this property includes all furnishings, central heating with units in each room and air-condition in each room. Each villa has its own garage and emergency electricity generator. One of the villas with 2.000sqms of garden and the swimming pool can be sold for 800.000 Euros. 800 meters to the 9-hole golf court of Elounda. A 3 minutes drive to the village of Elounda and its sandy beach. Several other nice beaches a short drive away. An 8 minutes drive to the tourist town and province capital Agios Nikolaos. Less than a 1 hour drive to the international airport of Heraklion. ELOUNDA 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. The town is a 10 minute drive to Agios Nikolaos and the village of Plaka (Lasithi).
Newly reduced price. An exclusive 2-villa property for sale in the elite area of Elounda. Each villa has dimensions of 232 m2 (about 2320 sq ft) a situated on a gently sloping hill above Elounda beach on land of 4.200 m2 (about 42000sq ft). Both villas have wonderful sea and mountain views and are surrounded by beautiful gardens, vast paved areas, patios and lawns. The property is enclosed with a natural stonewall and an iron gate opens on to the driveway. A seawater swimming pool of 60 m2 and 4 meters deep, encircled with bathing areas is located in front of the villas on a slightly lower level. Each villa has a sitting/dining room with fireplace and french doors opening out onto the verandas. A beautifully designed, fully equipped kitchen and a wc. are also on the ground floor. Three bedrooms with fitted wardrobes, en-suite bath or shower rooms and wonderful sea-facing balconies are on the 1st floor. All living rooms and bedrooms have the highest quality of parquet flooring. The kitchen and bathrooms are beautifully tiled. The sale of this property includes all furnishings, central heating with units in each room and air-condition in each room. Each villa has its own garage and emergency electricity generator. One of the villas with 2.000sqms of garden and the swimming pool can be sold for 800.000 Euros. 800 meters to the 9-hole golf court of Elounda. A 3 minutes drive to the village of Elounda and its sandy beach. Several other nice beaches a short drive away. An 8 minutes drive to the tourist town and province capital Agios Nikolaos. Less than a 1 hour drive to the international airport of Heraklion. ELOUNDA 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. The town is a 10 minute drive to Agios Nikolaos and the village of Plaka (Lasithi).
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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 €1,250,000 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 | £1,063,363 | £1,095,613 | £32,250 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,063,363 |
| Maximum cost in the last six months | £1,095,613 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,250 |
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 €1,250,000 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 | £1,063,363 | £1,095,613 | £32,250 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,063,363 |
| Maximum cost in the last six months | £1,095,613 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,250 |
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 £32,250 more.
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