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Stunning 3 bedroom stone house with great views

300,000 €
  • Total area
    195 m²
  • Land area
    2,000 m²
  • Bedrooms
    3
  • Bathrooms
    2
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Features
  • Built in 2007
  • Balcony or terrace
  • Garden
  • Car parks
  • Sea view

This lovely, 3 bedroom villa is set on a hill overlooking the beautiful bay of Elounda, Crete. The building is approximately 195 m² (115 m² main house and 80 m² basement) on 3 floors (ground, first and basement level), on private land of 2.000 m². The ground floor comprises, large Living room/Dining room with fireplace and a spacious fully fitted Kitchen (double glass doors from the living room lead out onto the sea-view front terrace), a double bedroom with storage room and a bathroom with bath, sink and toilet. A wooden staircase from the living room leads up to the first floor. First floor, Two double bedrooms with high wooden ceilings. Both bedrooms have fitted wardrobes and direct access to the spacious first floor terrace, which offers very nice sea, mountain and village views. The two bedrooms share a bathroom with shower, sink and toilet. Basement, This level is not internally connected with the rest of the house. It is accessed from the back of the building. It is currently just used a storage space, however it could be made into a separate apartment of about 80 m². Exterior, The property has a lot of outside space which can easily be developed. There is space for a large pool, terraces, BBQ area, parking and garden. The house also includes: Solar panel water heater, Air-condition in all bedrooms and living room, Central heating with oil burner, Double glazing aluminum doors and windows. The house has been built to be used as a permanent residency by the current owners and therefore the quality of build is very good. 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 major town to the former leper colony of Spinalonga. The town is a 10 minute drive to Agios Nikolaos and the village of Plaka (Lasithi). Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40mins away from the international airport of Heraklion.

Extra opportunities

We can help you get a Golden Visa (permit without tax residence) when buying a property worth €250,000 or more.

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      How to buy property with Tranio

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      FAQs

      • Can I get a mortgage abroad?

        It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

      • How does the purchase procedure work?

        The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

      • Can a residence permit be obtained by buying property?

        In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

      • Can I obtain income from a seaside apartment?

        Yes. You can use the purchased property yourself for holidays and lease it to tourists for the rest of the time. To avoid the hassle of finding tenants and cleaning the property, it’s a wise idea to hire a management company to do all the work – these services usually cost about 20% of the rent. Take into account the length of the tourist season in the location you choose: in certain regions it will be easy to rent apartments out all year round, while in others it might only be possible to do so during the high season.

      • How does Tranio make money if your service is free for the clients?

        We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

      • Who guarantees the transaction security?

        The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

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