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Exquisit coastal villa with swimming pool, gardens and terraces
Ierapetra, Greece
REF: 723107
€600,000
Description
This unusual and sophisticated house is located in the area of Peristeras in Ierapetra, about 3 km outside the town of Ierapetra on the road to Makrigialos. The plot is level with a slight inclination to the South offering wonderful and unobstructed view of the Libyan Sea, the town of Ierapetra and the island of Chrissi. Designed by a well-known architect of the area with a particular style and many artistic details. It combines harmoniously the industrial style with the Cretan architecture. It is set on a plot of 2,500 square meters with excellent outdoor spaces, a large swimming pool, a stone-built oven and 44 olive trees, which produce the annual olive oil. Inside the 150 m2 unique house is built on different levels connected by metal stairs and small bridges. On the ground floor there is an open style kitchen/living/dining room with access to the external dining area and a bedroom with ensuite bathroom with shower. On the upper level there are 3 open rooms and an open bathroom with bathtub. The ceiling has a beautiful skylight which, in combination with all the windows, allows plenty of light into the space. A steel staircase gives access to the roof which has an uninterrupted view of the sea. Additionally the house has an independent guest apartment. It comprises of a bedroom, a small kitchen and a bathroom with shower. The house has air condition, partly underfloor heating and solar panel. There is parking space and good road access. Ierapetra is the largest town in the province of Lasithi, it is the southernmost town in Europe. It is ideal for those who want to enjoy the beauty of the Libyan Sea and explore the south of Crete, with its wonderful, picturesque villages, gorges and sandy beaches in or near Ierapetra The international airport of Heraklion, Crete is about one hour twenty minutes by car, along a very good road.
This unusual and sophisticated house is located in the area of Peristeras in Ierapetra, about 3 km outside the town of Ierapetra on the road to Makrigialos. The plot is level with a slight inclination to the South offering wonderful and unobstructed view of the Libyan Sea, the town of Ierapetra and the island of Chrissi. Designed by a well-known architect of the area with a particular style and many artistic details. It combines harmoniously the industrial style with the Cretan architecture. It is set on a plot of 2,500 square meters with excellent outdoor spaces, a large swimming pool, a stone-built oven and 44 olive trees, which produce the annual olive oil. Inside the 150 m2 unique house is built on different levels connected by metal stairs and small bridges. On the ground floor there is an open style kitchen/living/dining room with access to the external dining area and a bedroom with ensuite bathroom with shower. On the upper level there are 3 open rooms and an open bathroom with bathtub. The ceiling has a beautiful skylight which, in combination with all the windows, allows plenty of light into the space. A steel staircase gives access to the roof which has an uninterrupted view of the sea. Additionally the house has an independent guest apartment. It comprises of a bedroom, a small kitchen and a bathroom with shower. The house has air condition, partly underfloor heating and solar panel. There is parking space and good road access. Ierapetra is the largest town in the province of Lasithi, it is the southernmost town in Europe. It is ideal for those who want to enjoy the beauty of the Libyan Sea and explore the south of Crete, with its wonderful, picturesque villages, gorges and sandy beaches in or near Ierapetra The international airport of Heraklion, Crete is about one hour twenty minutes by car, along a very good road.
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Currency Exchange
Ierapetra, 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 €600,000 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 |
|---|---|---|---|
| €600,000 | £510,414 | £525,924 | £15,510 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £510,414 |
| Maximum cost in the last six months | £525,924 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,510 |
Ierapetra, 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 €600,000 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 |
|---|---|---|---|
| €600,000 | £510,414 | £525,924 | £15,510 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £510,414 |
| Maximum cost in the last six months | £525,924 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,510 |
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 £15,510 more.
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