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Three bedrooms detached villa set as two individual houses (one on each floor) offering sea views, olive grove, extra building allowance and a peaceful location at 10 km from Rethymno
Rethymno, Crete, Greece
REF: 698692
€360,000
Description
Three bedrooms detached villa set as two individual houses (one on each floor) offering sea views, olive grove, extra building allowance and a peaceful location at 10 km from Rethymno.The property is in total size of 147,32 sqm with the possibility to be extended since has been built on a plot of land of 896 sqm with total building allowance on it of 400 sqm.Without the 147 sqm that the house presently has, there is a remained building capacity of 253 sqm.On the ground floor is a house of 58 sqm featuring modern living, fully equipped kitchen, one bedroom, a bathrooms and a storage place.There is also a large, covered veranda of 30 sqm which offers the opportunity to be turned to extra living area (bedroom, office, shop etc.)Exterior stairs lead to the first floor where is the second house consisting of large living/ dining are with traditional fire place, a fully fitted and equipped kitchen, a bathroom with bathtub, two bedrooms, each one with its own balcony.The inside area is stylishly furnished and designed offering full comfort and warm ambiance. Both houses have air conditioning, central heating, solar panel, double glazed aluminum doors and windows.The place outside has been set to provide relaxation and privacy: a fully equipped barbeque place on the veranda with outdoor dining and siting areas, plenty flowers, olive trees and lawn and beautiful views over the sea and the green landscape.Also there is parking place for two three cars and enough land to be set a swimming pool.This home is located in the countryside at 10 km from Rethymno town and 600 meters from all amenities.The distance to the closest beach is about 2 km.
Three bedrooms detached villa set as two individual houses (one on each floor) offering sea views, olive grove, extra building allowance and a peaceful location at 10 km from Rethymno.The property is in total size of 147,32 sqm with the possibility to be extended since has been built on a plot of land of 896 sqm with total building allowance on it of 400 sqm.Without the 147 sqm that the house presently has, there is a remained building capacity of 253 sqm.On the ground floor is a house of 58 sqm featuring modern living, fully equipped kitchen, one bedroom, a bathrooms and a storage place.There is also a large, covered veranda of 30 sqm which offers the opportunity to be turned to extra living area (bedroom, office, shop etc.)Exterior stairs lead to the first floor where is the second house consisting of large living/ dining are with traditional fire place, a fully fitted and equipped kitchen, a bathroom with bathtub, two bedrooms, each one with its own balcony.The inside area is stylishly furnished and designed offering full comfort and warm ambiance. Both houses have air conditioning, central heating, solar panel, double glazed aluminum doors and windows.The place outside has been set to provide relaxation and privacy: a fully equipped barbeque place on the veranda with outdoor dining and siting areas, plenty flowers, olive trees and lawn and beautiful views over the sea and the green landscape.Also there is parking place for two three cars and enough land to be set a swimming pool.This home is located in the countryside at 10 km from Rethymno town and 600 meters from all amenities.The distance to the closest beach is about 2 km.
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Currency Exchange
Rethymno, Crete, Greece
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Greece do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Greece takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €360,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €360,000 | £306,248 | £314,334 | £8,086 |
| Property Price € | €360,000 |
| Minimum cost in the last six months | £306,248 |
| Maximum cost in the last six months | £314,334 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,086 |
Rethymno, Crete, Greece
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Greece do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Greece takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €360,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €360,000 | £306,248 | £314,334 | £8,086 |
| Property Price € | €360,000 |
| Minimum cost in the last six months | £306,248 |
| Maximum cost in the last six months | £314,334 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,086 |
The exchange rate on the day you make an offer on your property in Greece will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £8,086 more.
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