Bathing in the golden Greek sunlight just 100 meters from the beach are the Makrigialos Holiday Apartments in southeastern Crete

Ierapetra, Crete, Greece

For Sale

€190,000

REF: 646394 €190,000


2

2

171 m2

Description

Bathing in the golden Greek sunlight just 100 meters from the beach are the Makrigialos Holiday Apartments in southeastern Crete. Makri Gialos is just 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.

The apartments are part of a larger complex with private villas. Of the three apartments, two are now available: Apartment 1C on the ground floor: 2 bedrooms, 2 bathrooms, total area 109 sqm (73 sqm + 36 sqm basement). Price: 190,000. This apartment has been reserved. Apartment 1E on the first floor: 2 bedrooms, 2 bathrooms, total area 143 sqm (86 sqm + 57 sqm basement).

This apartment has been reserved. Apartment 4B on the ground floor: 3 bedrooms, 2 bathrooms, total area 163 sqm (100 sqm + 63 sqm basement). Price: 270,000. General Layout Ready for immediate use, the well-designed apartments provide everything needed in an area that combines amazing coastlines with authentic Cretan lifestyle.

The homes have been built with top quality construction materials. Comfort, style and value all feature in apartments where attention to detail has been paramount. The combination of sea and mountain views are the key characteristic. Ground and first floor apartments offer 2 or 3 bedrooms equipped with their own wardrobe, along with 2 bathrooms and WC, in an environment surrounded by palm trees.

The living areas of each apartment range from 73 square meters to 100 square meters. A spacious open plan kitchen, dining and sitting area opens up to a covered porch, ideal for outdoor dinners, while enjoying the cool summer breeze. Autonomous heating systems have been installed, along with inverter air conditioners, giving you more control over room temperature.

Each apartment has its own car parking space and useful storage area between 36 and 63 square meters. The apartments also provide for hassle-free living. Electric appliances have been included, such as a fridge, cooker, dishwasher and stylish light fittings. Adding to the safety and luxury is a security system, satellite TV and automatic garage door.

In a bid to secure maximum energy efficiency, solar panels have also been installed on the rooftops, powering hot water systems. Rental Residents live here 12 months per year, 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 properties 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 apartment 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.
Bathing in the golden Greek sunlight just 100 meters from the beach are the Makrigialos Holiday Apartments in southeastern Crete. Makri Gialos is just 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.

The apartments are part of a larger complex with private villas. Of the three apartments, two are now available: Apartment 1C on the ground floor: 2 bedrooms, 2 bathrooms, total area 109 sqm (73 sqm + 36 sqm basement). Price: 190,000. This apartment has been reserved. Apartment 1E on the first floor: 2 bedrooms, 2 bathrooms, total area 143 sqm (86 sqm + 57 sqm basement).

This apartment has been reserved. Apartment 4B on the ground floor: 3 bedrooms, 2 bathrooms, total area 163 sqm (100 sqm + 63 sqm basement). Price: 270,000. General Layout Ready for immediate use, the well-designed apartments provide everything needed in an area that combines amazing coastlines with authentic Cretan lifestyle.

The homes have been built with top quality construction materials. Comfort, style and value all feature in apartments where attention to detail has been paramount. The combination of sea and mountain views are the key characteristic. Ground and first floor apartments offer 2 or 3 bedrooms equipped with their own wardrobe, along with 2 bathrooms and WC, in an environment surrounded by palm trees.

The living areas of each apartment range from 73 square meters to 100 square meters. A spacious open plan kitchen, dining and sitting area opens up to a covered porch, ideal for outdoor dinners, while enjoying the cool summer breeze. Autonomous heating systems have been installed, along with inverter air conditioners, giving you more control over room temperature.

Each apartment has its own car parking space and useful storage area between 36 and 63 square meters. The apartments also provide for hassle-free living. Electric appliances have been included, such as a fridge, cooker, dishwasher and stylish light fittings. Adding to the safety and luxury is a security system, satellite TV and automatic garage door.

In a bid to secure maximum energy efficiency, solar panels have also been installed on the rooftops, powering hot water systems. Rental Residents live here 12 months per year, 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 properties 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 apartment 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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Property on Map

#85979

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 €190,000 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
€190,000 £159,471 £163,886 £4,416
Property Price € €190,000
Minimum cost in the last six months £159,471
Maximum cost in the last six months £163,886
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,416

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 €190,000 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
€190,000 £159,471 £163,886 £4,416
Property Price € €190,000
Minimum cost in the last six months £159,471
Maximum cost in the last six months £163,886
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,416

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 £4,416 more.

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