Two beautiful adjacent stone houses in traditional village of Pano Elounda

Agios Nikolaos, Greece

For Sale

€625,000

REF: 964051 €625,000


4

4

188 m2

198 m2

Description

These are two exceptional old stone houses in the heart of the traditional village of Pano Elounda, which is within walking distance from popular resort of Elounda with its many shops and a wonderful sand beach. The houses, which are attached, are in a very nice neighborhood at the center of the picturesque village.

The properties have been masterfully restored, over many years by its owner- probably the finest Greek master stonemason in the area. They have a traditional Cretan style, with stone and wood being the main characteristics. Αll the materials that have been used are of the highest quality. The first house is a two storey building of 88 m2, with has a beautiful front yard and terrace on the first floor.

On the ground floor there is a kitchen/living/dining room, a bathroom, an office and a double bedroom. On the upper floor there is a master bedroom with its own bathroom and access to the balcony. The second house is 100 m2 on a plot of 110 m2. It has a large front yard, a balcony surrounding the first floor and a roof terrace with Jacuzzi and stunning sea views.

On the ground floor there are a large open space (Kitchen or living room), a bedroom and a bathroom. On the first floor there is a bedroom with its walk-in wardrobe and private bathroom and another smaller room, which can be used as kitchen or living room. Both houses are sold together and are a great investment choice, as they can be used as a permanent residence or for tourist rentals.

Here you can find the videos of both properties: House 1 https://www.youtube.com/watch?v=Lp50NQ3vrAg House 2 https://www.youtube.com/watch?v=3Ro2jkBRHVA Only a 2-minute drive to the center of Elounda town where you can find all kind of shops and amenities for your everyday necessities as well as plenty of bars, cafeterias and some excellent restaurants.

A 15 minute drive to Agios Nikolaos, the province capital of Lasithi. A 50 minute drive to the international airport of Heraklion. Elounda Elounta was a small fishing town on the Mirabello Bay, on the island of Crete. Although fishing is still a large part of life in this very picturesque area, tourism has taken over as the main industry of Elounda.

It is part of the municipality Agios Nikolaos. It is popular with European tourists and has many hotels including several 5*hotels. Elounda is also the closest town to the famous historic site of Spinalonga. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40 mins away from the international airport of Heraklion.

Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. Although Agios Nikolaos has a population of less than 20,000 it has several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbour, cinema, theatre, gyms, a 9-hole golf course, schools ranging from nurseries to 6-level high school and generally all the amenities you would expect to find in a modern European town.
These are two exceptional old stone houses in the heart of the traditional village of Pano Elounda, which is within walking distance from popular resort of Elounda with its many shops and a wonderful sand beach. The houses, which are attached, are in a very nice neighborhood at the center of the picturesque village.

The properties have been masterfully restored, over many years by its owner- probably the finest Greek master stonemason in the area. They have a traditional Cretan style, with stone and wood being the main characteristics. Αll the materials that have been used are of the highest quality. The first house is a two storey building of 88 m2, with has a beautiful front yard and terrace on the first floor.

On the ground floor there is a kitchen/living/dining room, a bathroom, an office and a double bedroom. On the upper floor there is a master bedroom with its own bathroom and access to the balcony. The second house is 100 m2 on a plot of 110 m2. It has a large front yard, a balcony surrounding the first floor and a roof terrace with Jacuzzi and stunning sea views.

On the ground floor there are a large open space (Kitchen or living room), a bedroom and a bathroom. On the first floor there is a bedroom with its walk-in wardrobe and private bathroom and another smaller room, which can be used as kitchen or living room. Both houses are sold together and are a great investment choice, as they can be used as a permanent residence or for tourist rentals.

Here you can find the videos of both properties: House 1 https://www.youtube.com/watch?v=Lp50NQ3vrAg House 2 https://www.youtube.com/watch?v=3Ro2jkBRHVA Only a 2-minute drive to the center of Elounda town where you can find all kind of shops and amenities for your everyday necessities as well as plenty of bars, cafeterias and some excellent restaurants.

A 15 minute drive to Agios Nikolaos, the province capital of Lasithi. A 50 minute drive to the international airport of Heraklion. Elounda Elounta was a small fishing town on the Mirabello Bay, on the island of Crete. Although fishing is still a large part of life in this very picturesque area, tourism has taken over as the main industry of Elounda.

It is part of the municipality Agios Nikolaos. It is popular with European tourists and has many hotels including several 5*hotels. Elounda is also the closest town to the famous historic site of Spinalonga. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40 mins away from the international airport of Heraklion.

Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. Although Agios Nikolaos has a population of less than 20,000 it has several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbour, cinema, theatre, gyms, a 9-hole golf course, schools ranging from nurseries to 6-level high school and generally all the amenities you would expect to find in a modern European town.
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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 €625,000 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
€625,000 £514,938 £542,556 £27,619
Property Price € €625,000
Minimum cost in the last six months £514,938
Maximum cost in the last six months £542,556
Fluctuating exchange rates over the last six months could have increased the cost of this property by £27,619

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 €625,000 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
€625,000 £514,938 £542,556 £27,619
Property Price € €625,000
Minimum cost in the last six months £514,938
Maximum cost in the last six months £542,556
Fluctuating exchange rates over the last six months could have increased the cost of this property by £27,619

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 £27,619 more.

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