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Four bedroom villa with panoramic sea views in Elounda

925,000 €
  • Total area
    330 m²
  • Land area
    2,100 m²
  • Bedrooms
    4
  • Bathrooms
    4
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Features
  • Balcony or terrace
  • Furnished
  • Golf course
  • Swimming pool
  • Garden
  • Car parks
  • Sea view

Located on the most desirable area between Agios Nikolaos and Elounda on a hillside, this villa overlooks the sparkling blue Aegean Sea from every room and the mountains of Sitia. The villa of 330 m² built on a plot of 2.100 m² comprises four bedrooms with five independent bathrooms plus open bathtubs with Jacuzzi on each bedroom. On the entrance level there are two bedrooms with en suite bathrooms and open bathtubs with Jacuzzi, a guests WC and the kitchen/dining area that overlooks the pool and the sea. From the dining area, a staircase goes up to the first floor that has a big living room with high wooden ceiling in white color. On this first floor level, there are two bedrooms one on each side of the living room, again with en suite bathrooms and open bathtubs with Jacuzzi in the bedroom area. There are sky light windows on these upper bedrooms giving plenty of light to the room and view to the starry night skies. Outside on the same level, there is a big veranda accessible independently from both bedrooms and the living room from where there are breathtaking views towards the open blue, the gulf of Elounda and the mountains opposite. On a lower level and next to the swimming pool there is an additional independent space, which was planned to be used as a separate gym or a spa area. The current owner has made plans that are available for a total renovation of the villa on a very high standard and quality. Additionally there are plans for installation of a glass elevator from the entrance level going up to both floors. The property was also used as a holiday villa when the owners were not present, which makes this place an excellent business opportunity. The villa needs refurbishment works and update, if somebody does not want to go for a total renovation and upgrade with the existing proposal and plans that are available. Agios Nikolaos is 6 km away and Elounda is 4 km from the property. Very close and within walking distance are some of the most famous in the area five star hotels and luxury spas, making the place ideal for investment or a holidays luxury retreat. 3D plans and details for the renovation project are available upon request. The last three pictures are 3D presentation, showing the renovation proposal. The price of this property has been dropped recently from 1.150.000 Euros, down to 950.000 Euros Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 45 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 a several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbor, 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. The microclimate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here.

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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      FAQs
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        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.

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      • 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.

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