Just meters from the beach, the Makrigialos Holiday Homes in southeastern Crete offer rare quality and value, following all the principles of sustainable development

Ierapetra, Crete, Greece

For Sale

€480,000

REF: 646393 €480,000


4

3

304 m2

Description

Just meters from the beach, the Makrigialos Holiday Homes in southeastern Crete offer rare quality and value, following all the principles of sustainable development. It is a 30-minute drive east of Ierapetra, a port city of some 15,000 people, that is an economic and cultural center for the region, with its own hospital.

Ready for immediate use, the 4-bedroom homes provide everything needed in a village that combines amazing coastlines with an authentic Cretan lifestyle. There are four villas available, each with a royal living space between 253 and 268 sqm including the basement, and with 4 bedrooms. Each villa is built on a plot of approx.

300 sqm and has its own private pool. Prices start at 480,000 up to 500,000. Outdoor Areas A welcoming heated pool is located in the front natural-stone paved yard, equipped with its own jacuzzi. It is ideally situated next to a pergola-shaded, BBQ area with an oven and grill. The surrounding space of each house spares pedestrian precincts, parks, and a private parking area with an automatic garage door.

General Layout The villas have been built with top-quality construction materials (natural stone, wood, marbles, ceramic tiles, etc.). They are located 100 meters from an impressive swimming beach with an array of flexible features that show attention to detail. On the ground floor, there is a comfortable open plan kitchen, dining, and sitting area that opens up to a covered porch perfect for outdoor summer dinners.

There is also spare room provided for here that can be cleverly turned into an office or extra bedroom, next to a bathroom and WC. On the first floor, there are three bedrooms, each with its own covered balcony providing impressive sea and mountain views. A second bathroom and WC has also been provided for on the first level.

The use of space in the homes has been well thought out, providing a variety of options. In the basement, there is a useful storage area, along with an additional recreational room. Comfort is key. The homes are heat insulated and soundproofed providing energy efficiency and greener living in a quieter, peaceful environment.

Floor heating systems and inverter air conditioners have also been installed, giving you more control over room temperature. The house also provides for hassle-free living. Electric appliances have been included, such as a fridge, cooker, dishwasher, and stylish light fittings. Rental The area though is more than a summer destination.

Residents live here all year round, offering owners the ability to not only take advantage of the ideal climate conditions themselves but also make use of the property as a rental investment. The property can be managed by a local management company that will be responsible for the maintenance and management of the common areas.

The managing company will provide home management and rental services (as an option for the buyer). Location Makri Gialos, which means long shore in Greek, has impressive white sandy beaches and pristine swimming waters, drawing locals from all over Crete. When it comes to the beaches, you ll be spoilt for choice.

The high standards attained by the main beach at Makri Gialos have been certified with a blue flag and has calm, shallow swimming waters, ideal for families. To the east and west, within short distances, are more impressive swimming beaches, some of Crete s best. To the north, there is a diverse mix of landscapes, including gorges and forest areas.

There is direct access from the airports located at Sitia (33 kilometers, mostly local flights) and Heraklion (121 kilometers, flights from all major European cities) on an improving road network that spreads across Crete. Billions of euros are being poured into infrastructure on the island by the Greek government, upgrading its road and energy networks, while approval has also been given for the construction of a new international airport at Kasteli in what will be Greece s second-largest.

The villas are within walking distance of local supermarkets, restaurants, and bars at Makri Gialos, giving you the chance to embrace the traditional Cretan lifestyle and the local tastes. The more active have easy access to water sports, such as jet-skiing and windsurfing. Hiking and taking in nature is also on offer at the Kapsa, or Perivolakis, gorge a blessed area full of oak and pine trees that includes several waterfalls at different times of the year.
Just meters from the beach, the Makrigialos Holiday Homes in southeastern Crete offer rare quality and value, following all the principles of sustainable development. It is a 30-minute drive east of Ierapetra, a port city of some 15,000 people, that is an economic and cultural center for the region, with its own hospital.

Ready for immediate use, the 4-bedroom homes provide everything needed in a village that combines amazing coastlines with an authentic Cretan lifestyle. There are four villas available, each with a royal living space between 253 and 268 sqm including the basement, and with 4 bedrooms. Each villa is built on a plot of approx.

300 sqm and has its own private pool. Prices start at 480,000 up to 500,000. Outdoor Areas A welcoming heated pool is located in the front natural-stone paved yard, equipped with its own jacuzzi. It is ideally situated next to a pergola-shaded, BBQ area with an oven and grill. The surrounding space of each house spares pedestrian precincts, parks, and a private parking area with an automatic garage door.

General Layout The villas have been built with top-quality construction materials (natural stone, wood, marbles, ceramic tiles, etc.). They are located 100 meters from an impressive swimming beach with an array of flexible features that show attention to detail. On the ground floor, there is a comfortable open plan kitchen, dining, and sitting area that opens up to a covered porch perfect for outdoor summer dinners.

There is also spare room provided for here that can be cleverly turned into an office or extra bedroom, next to a bathroom and WC. On the first floor, there are three bedrooms, each with its own covered balcony providing impressive sea and mountain views. A second bathroom and WC has also been provided for on the first level.

The use of space in the homes has been well thought out, providing a variety of options. In the basement, there is a useful storage area, along with an additional recreational room. Comfort is key. The homes are heat insulated and soundproofed providing energy efficiency and greener living in a quieter, peaceful environment.

Floor heating systems and inverter air conditioners have also been installed, giving you more control over room temperature. The house also provides for hassle-free living. Electric appliances have been included, such as a fridge, cooker, dishwasher, and stylish light fittings. Rental The area though is more than a summer destination.

Residents live here all year round, offering owners the ability to not only take advantage of the ideal climate conditions themselves but also make use of the property as a rental investment. The property can be managed by a local management company that will be responsible for the maintenance and management of the common areas.

The managing company will provide home management and rental services (as an option for the buyer). Location Makri Gialos, which means long shore in Greek, has impressive white sandy beaches and pristine swimming waters, drawing locals from all over Crete. When it comes to the beaches, you ll be spoilt for choice.

The high standards attained by the main beach at Makri Gialos have been certified with a blue flag and has calm, shallow swimming waters, ideal for families. To the east and west, within short distances, are more impressive swimming beaches, some of Crete s best. To the north, there is a diverse mix of landscapes, including gorges and forest areas.

There is direct access from the airports located at Sitia (33 kilometers, mostly local flights) and Heraklion (121 kilometers, flights from all major European cities) on an improving road network that spreads across Crete. Billions of euros are being poured into infrastructure on the island by the Greek government, upgrading its road and energy networks, while approval has also been given for the construction of a new international airport at Kasteli in what will be Greece s second-largest.

The villas are within walking distance of local supermarkets, restaurants, and bars at Makri Gialos, giving you the chance to embrace the traditional Cretan lifestyle and the local tastes. The more active have easy access to water sports, such as jet-skiing and windsurfing. Hiking and taking in nature is also on offer at the Kapsa, or Perivolakis, gorge a blessed area full of oak and pine trees that includes several waterfalls at different times of the year.
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#86094

Currency Exchange

Ierapetra, 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 €480,000 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
€480,000 £408,331 £420,739 £12,408
Property Price € €480,000
Minimum cost in the last six months £408,331
Maximum cost in the last six months £420,739
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,408

Ierapetra, 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 €480,000 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
€480,000 £408,331 £420,739 £12,408
Property Price € €480,000
Minimum cost in the last six months £408,331
Maximum cost in the last six months £420,739
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,408

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 £12,408 more.

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