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Villa with stunning views and guest apartment

785,000 €
  • Total area
    174 m²
  • Land area
    6,000 m²
  • Bedrooms
    3
  • Bathrooms
    3
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Features
  • Built in 1996
  • Balcony or terrace
  • Swimming pool
  • Garden
  • Car parks
  • Sea view

Two bedroom villa with guest apartment, positioned on a large plot of approx. 6.000 m². Located about 800m from the centre of Elounda with the shops, restaurants and the sandy beach. The property enjoys wonderful views of the bay of Elounda, the small town of Elounda with the port, the historical island of Spinalonga to the far north and the mountains of Sitia in the distance to the east. Built in 1996, this property is in very good condition and can be used right away. Property comprises: On the ground floor — Main villa, The villa is open into an open plan Kitchen/Dining/Living room with direct access to the pool terrace. The Living room with corner fireplace is on a lower level from the dining area. Sea view master bedroom with balcony, en-suite bathroom with bathtub, shower, sink and toilet. Double bedroom, en-suite bathroom with shower, sink and toilet. This bathroom has two entrances, so one can also use without entering the bedroom. Both bedrooms have fitter wardrobes. Top floor — Guest apartment (This floor is only accessed from the outside), Living room, which can be used as 4th bedroom, with sea view balcony, Small kitchen with cupboards, cooker, sink and fridge, Double bedroom with great sea views from the wide window, Bathroom with shower sink and toilet. Exterior, A beautiful Mediterranean garden full of flowers and some trees, surrounds the building. To the side of the house is the pool and the spacious pool terrace with large outside dining area and BBQ area. The views from the pool and the terrace are stunning. There is plenty of space in front of the house for parking and there is also a garage for one car at the side of the house. Also included in the villa: Double glazed wooden doors, windows. Air-condition units. Electric central heating 800m to the centre of Elounda, which has many shops, restaurants, cafes, bars, supermarkets and more. A 10min drive from Agios Nikolaos town. And about 45min drive from Heraklion and the International airport.

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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