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cc5165 - PERFECT OPPORTUNITY TO PURCHASE A LOVELY OLD PROPERTY FULL OF FEATURES FOR RENOVATION IN NORTHERN CRETE
Price - €65,000
The Location
 This is a very traditional Crete village property
offering the opportunity and perhaps chance of a lifetime to
renovate and end up with the perfect village house with small pool
in the heart of ‘Real Crete’. Located in a small
village only 1 km from the coast with sea views from the eventual
first floor.
The Property
A considerable amount of exploratory work has been undertaken to
provide ideas regarding the renovations and expected costs. In
general terms the costs would include allowing for parking space
{at a premium inside a village} building an archway to the
courtyard garden and creating a paved patio and adding a 1st floor
with bedrooms.
The costing would allow for a fully fitted kitchen, lounge, dining area,
mezzanine for study or further bedroom, with staircase to first floor with
bathroom under. The proposed first floor would allow for two bedrooms, one with
a large en-suite bathroom and a landing area. There would also be access onto a
balcony
 overlooking
the courtyard. See
ground floor and
first floor plans.
Estimates have been received amounting to €104,000 euros to
complete this work. That is not to say that alternative estimates
should not be obtained but it is our intention to offer an accurate
guide for purchasers. The estimate does not include the cost of a
pool which could be anything from €7,500 euros to €20,000
euros according to size and specification. It should be remembered
that if a pool is required then the installation should be one of
the first things to consider.
The graphic to the right indicates what could be done to the property once
renovated. Structurally the ground floor is sound, the addition of the first
floor would giving it two extra bedrooms, bathrooms, balcony and make full
benefit of the distant sea view.
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| With
the front of the property cleared and the boundary walls repaired, one would
have a
lovely large private courtyard |
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| looking through
the internal arch and towards the proposed kitchen |
this property when fully restored will have plenty of
features |
Located on a quiet country lane |
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Would you
like to purchase this property, but afraid of the work entailed? Or
you haven't got the time to manage the refurbishment yourself, then
why not consider us managing it for you? For 15% of the cost of the
building work we will organise the various building inspectors,
surveyors and workmen. Normally because of our local knowledge and
 close association with the various building trades we should not
only be able to save you the cost of our management fee but also
the aggravation and worry. Someone on hand as the work progress
will give you peace of mind that everything is being done to your
own specification, in addition to which we will send you regular
updates and photographs via email. The picture right shows what
can be done to renovated an old property. |
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