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Newly built Stone-Built Two-Storied Villa-Tower with basement and garage on a plot of 2 acres
Mani, Messinia, Greece
REF: 412331
€600,000
Description
Newly built Stone-Built Two-Storied Villa-Tower with basement and garage on a plot of 2 acres. Total area 244 sq.m. of which the ground floor is 100 sq.m., the first floor is 64 sq.m., the underground warehouse is 40 sq.m. and the separate garage - storage area of ??40 sq.m. and 5 m high with a tiled roof separate from the house. On the ground floor of the house are: the kitchen, the living room, one bathroom, two bedrooms and another room that can be used either as a bedroom or as a storage room.Also on the ground floor are the semi-outdoor space with the arches on the front side of the house and the loggia on the back side. On the upper floor is the tower which includes a room, a bathroom and doors leading to the sunrooms (porches), respectively the front and back sunrooms, as well as a staircase leading to the roof of the tower. There is also the tower house, the small house with the tile that rests on the tower. The house has a water heater, hood, electric generator, water pressure machine, installation for installing a radiator (bodies, burner and radiator boiler are not installed), TV antenna.It has a view of the entire Messinian Gulf from Kalamata to Cavo Grosso to Cape Tainaro.
Newly built Stone-Built Two-Storied Villa-Tower with basement and garage on a plot of 2 acres. Total area 244 sq.m. of which the ground floor is 100 sq.m., the first floor is 64 sq.m., the underground warehouse is 40 sq.m. and the separate garage - storage area of ??40 sq.m. and 5 m high with a tiled roof separate from the house. On the ground floor of the house are: the kitchen, the living room, one bathroom, two bedrooms and another room that can be used either as a bedroom or as a storage room.Also on the ground floor are the semi-outdoor space with the arches on the front side of the house and the loggia on the back side. On the upper floor is the tower which includes a room, a bathroom and doors leading to the sunrooms (porches), respectively the front and back sunrooms, as well as a staircase leading to the roof of the tower. There is also the tower house, the small house with the tile that rests on the tower. The house has a water heater, hood, electric generator, water pressure machine, installation for installing a radiator (bodies, burner and radiator boiler are not installed), TV antenna.It has a view of the entire Messinian Gulf from Kalamata to Cavo Grosso to Cape Tainaro.
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Currency Exchange
Mani, Messinia, 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 €600,000 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 |
|---|---|---|---|
| €600,000 | £510,414 | £525,894 | £15,480 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £510,414 |
| Maximum cost in the last six months | £525,894 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,480 |
Mani, Messinia, 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 €600,000 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 |
|---|---|---|---|
| €600,000 | £510,414 | £525,894 | £15,480 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £510,414 |
| Maximum cost in the last six months | £525,894 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,480 |
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 £15,480 more.
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