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In the area of Myloi and at a distance of just 150 meters from the sea, a detached property with a total surface of 98 m2, within a plot of 4,000 sqm is embedded in the beauty of its location
Lerna, Peloponnese, Greece
REF: 646437
€230,000
Description
In the area of Myloi and at a distance of just 150 meters from the sea, a detached property with a total surface of 98 m2, within a plot of 4,000 sqm is embedded in the beauty of its location. The house consists of two levels. On the first level, which is an elevated ground floor, we find an open plan kitchen-dining room and living room, a bedroom, a bathroom, as well as a W.C. The second level, which communicates with an internal staircase, consists of two bedrooms, a bathroom and a comfortable terrace with a beautiful view of the sea and the village of Myloi. Through the internal staircase we have access to the roof of the house, which offers a panoramic view. The property is equipped with aluminum frames with double glazing & mosquito screens, a solar water heater and an alarm system. The house is surrounded by an advantageous plot, which extends in front of the house and offers a beautiful garden and an open view that one can enjoy from the large balcony of the house. Location The location of the house is ideal, as it is located just a few meters from the nearest beaches and the village of Myloi. It is 500 meters far from the small port of Myloi and the shops of the area and 11 km from the city of Nafplio. It is important to mention that the house has a remaining building capacity of about 100 sqm.
In the area of Myloi and at a distance of just 150 meters from the sea, a detached property with a total surface of 98 m2, within a plot of 4,000 sqm is embedded in the beauty of its location. The house consists of two levels. On the first level, which is an elevated ground floor, we find an open plan kitchen-dining room and living room, a bedroom, a bathroom, as well as a W.C. The second level, which communicates with an internal staircase, consists of two bedrooms, a bathroom and a comfortable terrace with a beautiful view of the sea and the village of Myloi. Through the internal staircase we have access to the roof of the house, which offers a panoramic view. The property is equipped with aluminum frames with double glazing & mosquito screens, a solar water heater and an alarm system. The house is surrounded by an advantageous plot, which extends in front of the house and offers a beautiful garden and an open view that one can enjoy from the large balcony of the house. Location The location of the house is ideal, as it is located just a few meters from the nearest beaches and the village of Myloi. It is 500 meters far from the small port of Myloi and the shops of the area and 11 km from the city of Nafplio. It is important to mention that the house has a remaining building capacity of about 100 sqm.
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Currency Exchange
Lerna, Peloponnese, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £195,659 | £201,593 | £5,934 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £195,659 |
| Maximum cost in the last six months | £201,593 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,934 |
Lerna, Peloponnese, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £195,659 | £201,593 | £5,934 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £195,659 |
| Maximum cost in the last six months | £201,593 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,934 |
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 £5,934 more.
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