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Fancy a Greek vacation? Here are some survival tips

Clear blue skies and turquoise seas have made Greece a popular vacation destination for decades. But a backdrop of financial crisis, political uncertainty and capital controls means a trip to the country right now can be far from idyllic.

Although Greece is close to sealing a third, 86 billion euro ($94 billion) bailout deal with lenders, Greek banks have been closed for over two weeks and capital controls mean cash withdrawals have been restricted to 60 euros ($65.3 euros) a day.

The Island of Mykonos
Education Images | UIG | Getty Images
The Island of Mykonos

These controls are expected to be lifted on Monday, but even then, Greece's tourism industry is not out of danger. Lenders have demanded that Greece implement far-reaching tax rises -- including hiking the sales tax (VAT) applied to restaurants, hotels and on Greek islands – the backbone of the country's tourism industry.

CNBC's Head of News and Programming, Michael Kearns, learnt the hard way how Greece's ongoing crisis is affecting holidaymakers – he's currently on vacation on the island of Mykonos.

Here, he shares some "survival tips" for a vacation in the country.

Book in advance

Book early and book as much as you can using your credit card, in order to pay in advance. We did a mixture of hotels and homestays. All were paid in advance which took some of the stress out of the cash/credit conundrum. They also have protection plans for the consumer in case anything goes wrong.

We booked all of our ferries in advance, also with a credit card online. This isn't essential, but it took a lot of the stress out of our multi-island journey, enabling us to beat the crowds crushing into the ports for last-minute tickets.

Read MoreCapital controls: How Greeks and tourists will be hit

Car hire?

Figure out early if you'll need to rent a car where you're staying. There are limited numbers of cars on the islands and getting stranded in a scenic, but remote and rocky villa isn't much fun. You might be able to get one on arrival, but be prepared to pay a premium. The number of taxis is also quite limited on the islands.

Carry cash

Carry cash and in small denominations -- not every business will accept a credit card. Many shops, ferry canteens, small supermarkets and family restaurants are running low on change, and will ask you for exact change if possible.

If you're looking to save a euro or two, visit some of the islands off the beaten path. Mykonos is gorgeous, but you will pay a hefty premium for the glamorous scene.

- By CNBC's Michael Kearns and Holly Ellyatt, @HollyEllyatt. Follow us on Twitter: @CNBCWorld