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Elegantly renovated 2 house property in countryside of Sitia
Sitia, Greece
REF: 812536
€340,000
Description
This unique property, of 2 stone houses, is built on the side of a small, quiet village, 20 km from the town of Sitia. The houses have retained the archetypal features of the Cretan rural residence along with modern, elegant elements. They have spacious, nicely designed exteriors that enjoy excellent views of the surrounding countryside. On the highest level, the first house of 80 m2 consists of a living room with fireplace, a fully equipped kitchen/dining room, 2 double bedrooms with fitted wardrobes ,ceiling fans for cooling and en-suite bathrooms. Externally there is a large terrace offering 180 degree views of the countryside, there is a dining area shaded by a pergola, and a stone built BBQ. On the lower level, the second house of about 95 m2 consists of an open plan kitchen/dining room and a beautiful living room with fireplace, a bathroom with shower, 2 double bedrooms, one with en-suite bathroom. An impressive arched glass window gives access to an external lounge with unique ceiling & dinning table. An extra studio of about 15 m2 with shower and private entrance is located between the two levels. The properties are accessed from a beautiful village lane with stone steps. Road access and nearby parking is about 30m away. Sitia is an attractive seaside town. White-washed houses cling to a hillside laced by steep staircases and topped with a ruined Venetian castle. Below, a promenade lined with tavernas and cafes hems in the fishing harbour. It s a slow-paced, friendly place where agriculture is the mainstay of the local economy. A long, sandy beach skirts a wide bay to the east of town. Sitia has a small airport with daily flights to and from Athens and a few charter flights from Europe during the summer. The international airport of Heraklion is 2 hours by car. The port has ferry connections to Piraeus and other islands of the Cyclades and Dodecanese.
This unique property, of 2 stone houses, is built on the side of a small, quiet village, 20 km from the town of Sitia. The houses have retained the archetypal features of the Cretan rural residence along with modern, elegant elements. They have spacious, nicely designed exteriors that enjoy excellent views of the surrounding countryside. On the highest level, the first house of 80 m2 consists of a living room with fireplace, a fully equipped kitchen/dining room, 2 double bedrooms with fitted wardrobes ,ceiling fans for cooling and en-suite bathrooms. Externally there is a large terrace offering 180 degree views of the countryside, there is a dining area shaded by a pergola, and a stone built BBQ. On the lower level, the second house of about 95 m2 consists of an open plan kitchen/dining room and a beautiful living room with fireplace, a bathroom with shower, 2 double bedrooms, one with en-suite bathroom. An impressive arched glass window gives access to an external lounge with unique ceiling & dinning table. An extra studio of about 15 m2 with shower and private entrance is located between the two levels. The properties are accessed from a beautiful village lane with stone steps. Road access and nearby parking is about 30m away. Sitia is an attractive seaside town. White-washed houses cling to a hillside laced by steep staircases and topped with a ruined Venetian castle. Below, a promenade lined with tavernas and cafes hems in the fishing harbour. It s a slow-paced, friendly place where agriculture is the mainstay of the local economy. A long, sandy beach skirts a wide bay to the east of town. Sitia has a small airport with daily flights to and from Athens and a few charter flights from Europe during the summer. The international airport of Heraklion is 2 hours by car. The port has ferry connections to Piraeus and other islands of the Cyclades and Dodecanese.
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Currency Exchange
Sitia, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £289,235 | £298,024 | £8,789 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £289,235 |
| Maximum cost in the last six months | £298,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,789 |
Sitia, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £289,235 | £298,024 | £8,789 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £289,235 |
| Maximum cost in the last six months | £298,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,789 |
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 £8,789 more.
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