Off-plan villa with uninterupted views in Elounda

Agios Nikolaos, Greece

For Sale

€2,800,000

REF: 975490 €2,800,000


3

4

321 m2

2787 m2

Description

Discover the ultimate combination of luxury and nature in this unique underground property located in the idyllic area of Mavrikiano in Elounda. With breathtaking views of Mirabello Bay, this architectural masterpiece offers a secluded oasis of tranquility in one of the most sought-after prime locations in Crete.

A unique design that integrates the residence into the local landscape, offering natural coolness in the summer. The construction respects the local architecture and uses natural materials for an ecological and sustainable living. The property is surrounded by a lush landscape with olive trees and other Mediterranean plants, creating an atmosphere of tranquility and peace.

A haven of peace and privacy away from the crowds, in one of the most isolated and quiet areas of Elounda. Main house with minimalist design emphasizing natural light and connection to the environment. High-quality materials and construction, with attention to every detail. The villa is off-plan and could be built in 18 months, once the buyer is found.

A unique opportunity to invest in a high-value property in one of the most popular tourist destinations in Greece. Ideal for luxurious private living or high-return holiday rentals. The total size of 321 sq.m. consists of: Main Residence (144 sq.m): Open-plan living/dining area offering a bright and airy space.

Modern and fully equipped kitchen with high-end appliances and ample storage space. Luxurious master suite with a private bathroom and walk-in closet. Comfortable guest bedroom with an ensuite bathroom. Additional bathroom conveniently located for guests and residents. Practical utility room with laundry facilities and extra storage.

Guesthouse (75 sq.m): Cozy living area. Compact kitchenette for preparing light meals and snacks. Comfortable bedroom with an ensuite bathroom. Private terrace for enjoying the views and relaxing in privacy. Garage (51 sq.m): Secure parking for two cars with additional storage space. Basement (51 sq.m): Flexible space could be customized to suit your needs, such as a wine cellar, gym, or playroom.

Outdoor space offers: A private infinity swimming pool of 46.46 sq.m. offers stunning sea views, ideal for relaxation and rejuvenation. An outside area with covered terrace for lounging and dining. Relaxing sunbeds for enjoying the sunshine. Convenient outdoor shower. Landscaped gardens.

Elounda 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.
Discover the ultimate combination of luxury and nature in this unique underground property located in the idyllic area of Mavrikiano in Elounda. With breathtaking views of Mirabello Bay, this architectural masterpiece offers a secluded oasis of tranquility in one of the most sought-after prime locations in Crete.

A unique design that integrates the residence into the local landscape, offering natural coolness in the summer. The construction respects the local architecture and uses natural materials for an ecological and sustainable living. The property is surrounded by a lush landscape with olive trees and other Mediterranean plants, creating an atmosphere of tranquility and peace.

A haven of peace and privacy away from the crowds, in one of the most isolated and quiet areas of Elounda. Main house with minimalist design emphasizing natural light and connection to the environment. High-quality materials and construction, with attention to every detail. The villa is off-plan and could be built in 18 months, once the buyer is found.

A unique opportunity to invest in a high-value property in one of the most popular tourist destinations in Greece. Ideal for luxurious private living or high-return holiday rentals. The total size of 321 sq.m. consists of: Main Residence (144 sq.m): Open-plan living/dining area offering a bright and airy space.

Modern and fully equipped kitchen with high-end appliances and ample storage space. Luxurious master suite with a private bathroom and walk-in closet. Comfortable guest bedroom with an ensuite bathroom. Additional bathroom conveniently located for guests and residents. Practical utility room with laundry facilities and extra storage.

Guesthouse (75 sq.m): Cozy living area. Compact kitchenette for preparing light meals and snacks. Comfortable bedroom with an ensuite bathroom. Private terrace for enjoying the views and relaxing in privacy. Garage (51 sq.m): Secure parking for two cars with additional storage space. Basement (51 sq.m): Flexible space could be customized to suit your needs, such as a wine cellar, gym, or playroom.

Outdoor space offers: A private infinity swimming pool of 46.46 sq.m. offers stunning sea views, ideal for relaxation and rejuvenation. An outside area with covered terrace for lounging and dining. Relaxing sunbeds for enjoying the sunshine. Convenient outdoor shower. Landscaped gardens.

Elounda 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 €2,800,000 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
€2,800,000 £2,309,216 £2,430,652 £121,436
Property Price € €2,800,000
Minimum cost in the last six months £2,309,216
Maximum cost in the last six months £2,430,652
Fluctuating exchange rates over the last six months could have increased the cost of this property by £121,436

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 €2,800,000 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
€2,800,000 £2,309,216 £2,430,652 £121,436
Property Price € €2,800,000
Minimum cost in the last six months £2,309,216
Maximum cost in the last six months £2,430,652
Fluctuating exchange rates over the last six months could have increased the cost of this property by £121,436

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 £121,436 more.

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