Large property containing 4 bedroom house plus guest apartment, large garden

Agios Nikolaos, Greece

For Sale

€450,000

REF: 342605 €450,000


6

4

260 m2

1106 m2

Description

In the settlement of Lenika, on the way from the town of Agios Nikolaos to the luxury tourist resort of Elounda a 4 bedroom house with guest apartment, large balconies/terraces, a large garden and the possibility to make an extra guest apartment (some works have been done) in the basement. The main house is on the ground floor around it has a spacious balcony with very nice views on to the Mirabello bay.

On the balcony there are a few lemon trees, a grapevine and flowers. The house, comprising 4 bedrooms, one with en-suite shower room, a large fully fitted kitchen, a large living room with a fireplace, a dining room and a bathroom. The house has central heating in all rooms and large balcony doors and windows allowing lots of light and fresh air to come in.

On the upper floor there is a one bedroom apartment with open plan living room/kitchen and shower room. This apartment has access to a very large balcony (80 square meters) where you could hold parties, BBQs, etc and enjoy fantastic views of the bay and on to the town of Agios Nikolaos. On basement level there is a large storage area, a half finished one bedroom apartment!!!! And the boiler/utility rooms.

There is also a large garden on this level where someone could build a pool if they want. There is parking space for a couple of cars belonging to the house just across the road. The cosmopolitan town of Agios Nikolaos, Crete is only a 5 minute drive from Lenika and so is the tourist resort of Elounda.

Numerous beaches within just a short drive from the house. The international airport of Heraklion is less than an hour from Lenika. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 45 mins away from the international airport of Heraklion.

Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. Although Agios Nikolaos has a population of less than 20,000 it has a several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbour, cinema, theatre, gyms, a 9-hole golf course, schools ranging from nurseries to 6-level high school and generally all the amenities you would expect to find in a modern European town.

The microclimate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here.
In the settlement of Lenika, on the way from the town of Agios Nikolaos to the luxury tourist resort of Elounda a 4 bedroom house with guest apartment, large balconies/terraces, a large garden and the possibility to make an extra guest apartment (some works have been done) in the basement. The main house is on the ground floor around it has a spacious balcony with very nice views on to the Mirabello bay.

On the balcony there are a few lemon trees, a grapevine and flowers. The house, comprising 4 bedrooms, one with en-suite shower room, a large fully fitted kitchen, a large living room with a fireplace, a dining room and a bathroom. The house has central heating in all rooms and large balcony doors and windows allowing lots of light and fresh air to come in.

On the upper floor there is a one bedroom apartment with open plan living room/kitchen and shower room. This apartment has access to a very large balcony (80 square meters) where you could hold parties, BBQs, etc and enjoy fantastic views of the bay and on to the town of Agios Nikolaos. On basement level there is a large storage area, a half finished one bedroom apartment!!!! And the boiler/utility rooms.

There is also a large garden on this level where someone could build a pool if they want. There is parking space for a couple of cars belonging to the house just across the road. The cosmopolitan town of Agios Nikolaos, Crete is only a 5 minute drive from Lenika and so is the tourist resort of Elounda.

Numerous beaches within just a short drive from the house. The international airport of Heraklion is less than an hour from Lenika. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 45 mins away from the international airport of Heraklion.

Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. Although Agios Nikolaos has a population of less than 20,000 it has a several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbour, cinema, theatre, gyms, a 9-hole golf course, schools ranging from nurseries to 6-level high school and generally all the amenities you would expect to find in a modern European town.

The microclimate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here.
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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 €450,000 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
€450,000 £376,272 £405,941 £29,669
Property Price € €450,000
Minimum cost in the last six months £376,272
Maximum cost in the last six months £405,941
Fluctuating exchange rates over the last six months could have increased the cost of this property by £29,669

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 €450,000 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
€450,000 £376,272 £405,941 £29,669
Property Price € €450,000
Minimum cost in the last six months £376,272
Maximum cost in the last six months £405,941
Fluctuating exchange rates over the last six months could have increased the cost of this property by £29,669

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 £29,669 more.

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