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Unfinished villa with pool and sea views in Plaka, Elounda
Agios Nikolaos, Greece
REF: 960906
€700,000
Description
A large luxurious, unfinished villa on private land of 2100 square meters in the prestigious area of Plaka, Elounda, Crete, set only a short walk to the beaches and the village, offering many shops, cafes, taverns/restaurants. The property offers excellent privacy and some of the most wonderful views of the bay and Spinalonga island. The villa of 225m2 is built on three levels (basement, ground and loft). It will have one master bedroom on the loft level opening out to a large private terrace, two double bedrooms on the basement level (with windows), all of the bedrooms will be with en-suite bathrooms. Also a large open plan living/dining room and a kitchen area on the ground floor. It would be possible to add a 4th bedroom with bathroom on the ground level by downsizing the open plan kitchen/living/dining area. Externally, the villa will have a swimming pool (11m x 4m), many terraces surounding the building, large gardens and spacious parking for many cars. The property is for sale at 700.000 euro as is (unfinished). It can be sold complete (no furniture) with the new owner's desirable changes for the total cost of 1.000.000 euro. The villa features: Storage/laundry unit on the basement level Easy access to the road by its own driveway The area is world famous as a top class tourist destination. It enjoys a very nice dry climate. It is considered one of the best in Greece. Also the beaches are very clean and calm. Plaka is an old fishing village which is now a popular tourist destination. Opposite Plaka is the historical isle of Spinalonga with its old Venetian fortress. There are many restaurants and shops in the coastal village. The white pebbly beach has crystal clear waters and is considered the best in the Elounda area. The elite tourist resort Elounda is approx. 4 km away. The province capital Agios Nikolaos is a 20 minutes drive from here. About an hour s drive from the international airport of Heraklion.
A large luxurious, unfinished villa on private land of 2100 square meters in the prestigious area of Plaka, Elounda, Crete, set only a short walk to the beaches and the village, offering many shops, cafes, taverns/restaurants. The property offers excellent privacy and some of the most wonderful views of the bay and Spinalonga island. The villa of 225m2 is built on three levels (basement, ground and loft). It will have one master bedroom on the loft level opening out to a large private terrace, two double bedrooms on the basement level (with windows), all of the bedrooms will be with en-suite bathrooms. Also a large open plan living/dining room and a kitchen area on the ground floor. It would be possible to add a 4th bedroom with bathroom on the ground level by downsizing the open plan kitchen/living/dining area. Externally, the villa will have a swimming pool (11m x 4m), many terraces surounding the building, large gardens and spacious parking for many cars. The property is for sale at 700.000 euro as is (unfinished). It can be sold complete (no furniture) with the new owner's desirable changes for the total cost of 1.000.000 euro. The villa features: Storage/laundry unit on the basement level Easy access to the road by its own driveway The area is world famous as a top class tourist destination. It enjoys a very nice dry climate. It is considered one of the best in Greece. Also the beaches are very clean and calm. Plaka is an old fishing village which is now a popular tourist destination. Opposite Plaka is the historical isle of Spinalonga with its old Venetian fortress. There are many restaurants and shops in the coastal village. The white pebbly beach has crystal clear waters and is considered the best in the Elounda area. The elite tourist resort Elounda is approx. 4 km away. The province capital Agios Nikolaos is a 20 minutes drive from here. About an hour s drive from the international airport of Heraklion.
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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 €700,000 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 |
|---|---|---|---|
| €700,000 | £576,730 | £607,663 | £30,933 |
| Property Price € | €700,000 |
| Minimum cost in the last six months | £576,730 |
| Maximum cost in the last six months | £607,663 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,933 |
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 €700,000 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 |
|---|---|---|---|
| €700,000 | £576,730 | £607,663 | £30,933 |
| Property Price € | €700,000 |
| Minimum cost in the last six months | £576,730 |
| Maximum cost in the last six months | £607,663 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,933 |
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 £30,933 more.
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