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Luxury villa with panoramic sea views above Spinalonga island
Agios Nikolaos, Greece
REF: 995914
€1,700,000
Description
Set just above Plaka village, this unfinished villa presents a unique opportunity to create a bespoke luxury residence overlooking the sparkling waters of the Mirabello Bay and the historic Spinalonga island. Occupying an expansive 11,900 m plot, the villa spans 236 m across three levels, offering exceptional privacy, generous proportions, and sweeping sea views. The property is being sold as is, allowing you to complete and personalize it to your exact specifications. Ground Floor: 1 bedroom with en suite bathroom Extensive open-plan kitchen, living, and dining area Guest WC 2 storage rooms Large terrace with multiple zones for outdoor living, including lounging, dining, and a BBQ area 10 x 4 m swimming pool with an additional 7 x 1.9 m wet area First Floor: Home office with an access to a spacious veranda at the back of villa 2 large bedrooms, each with en suite bathrooms, walk-in closets, and private terraces with sea views Basement: Mechanical room Water tank area Generous storage room Additional Features: Designed for future installation of an elevator Driveway and private parking for 4 vehicles Expansive outdoor living potential Tranquil setting just minutes from the coast and village amenities With its commanding position, impressive scale, and design flexibility, this villa is an ideal project for those seeking to craft an exceptional home in one of Crete s most desirable locations. 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.
Set just above Plaka village, this unfinished villa presents a unique opportunity to create a bespoke luxury residence overlooking the sparkling waters of the Mirabello Bay and the historic Spinalonga island. Occupying an expansive 11,900 m plot, the villa spans 236 m across three levels, offering exceptional privacy, generous proportions, and sweeping sea views. The property is being sold as is, allowing you to complete and personalize it to your exact specifications. Ground Floor: 1 bedroom with en suite bathroom Extensive open-plan kitchen, living, and dining area Guest WC 2 storage rooms Large terrace with multiple zones for outdoor living, including lounging, dining, and a BBQ area 10 x 4 m swimming pool with an additional 7 x 1.9 m wet area First Floor: Home office with an access to a spacious veranda at the back of villa 2 large bedrooms, each with en suite bathrooms, walk-in closets, and private terraces with sea views Basement: Mechanical room Water tank area Generous storage room Additional Features: Designed for future installation of an elevator Driveway and private parking for 4 vehicles Expansive outdoor living potential Tranquil setting just minutes from the coast and village amenities With its commanding position, impressive scale, and design flexibility, this villa is an ideal project for those seeking to craft an exceptional home in one of Crete s most desirable locations. 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 €1,700,000 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 |
|---|---|---|---|
| €1,700,000 | £1,403,265 | £1,475,753 | £72,488 |
| Property Price € | €1,700,000 |
| Minimum cost in the last six months | £1,403,265 |
| Maximum cost in the last six months | £1,475,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £72,488 |
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 €1,700,000 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 |
|---|---|---|---|
| €1,700,000 | £1,403,265 | £1,475,753 | £72,488 |
| Property Price € | €1,700,000 |
| Minimum cost in the last six months | £1,403,265 |
| Maximum cost in the last six months | £1,475,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £72,488 |
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 £72,488 more.
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