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Beautiful two stories, modern house preserving traditional stone design and offering beautiful sea views and privacy in the middle of traditional Cretan life
Rethymno, Crete, Greece
REF: 698586
€530,000
Description
Beautiful two stories, modern house preserving traditional stone design and offering beautiful sea views and privacy in the middle of traditional Cretan life.This property has been built in 2000 keeping the traditional Cretan stone style of the village.The property includes actually two buildings: first one on two levels with total size of 164,72 sqm consisting of three bedrooms, two bathrooms and living room with sustainable fireplace.The second building is ground floor in size of 86,42 sqm has independent entrance and could be used as guesthouse, gym, workshop, playroom etc. It also includes a roof garden, with panoramic view to the sea and medieval village.The land property covers in total 371,26 sqm and is surrounded by a two meter high, stone made wall that offers fully privacy. Additionally there is a beautiful garden with a pond as well as potential for future installation of pool or Jacuzzi.Also, outside area there is a barbeque place bordered by colorful plants and flowers.The house has been build using high quality materials, the walls are 50 cm, insulated, the windows and doors are double-glazing natural wood. All the construction process of the property has been recorded from the start to the end; this video is available for the interested buyer.The distance until Rethymno city is 6 km, till Heraklio Airport 70 km and to the beach 3 km.
Beautiful two stories, modern house preserving traditional stone design and offering beautiful sea views and privacy in the middle of traditional Cretan life.This property has been built in 2000 keeping the traditional Cretan stone style of the village.The property includes actually two buildings: first one on two levels with total size of 164,72 sqm consisting of three bedrooms, two bathrooms and living room with sustainable fireplace.The second building is ground floor in size of 86,42 sqm has independent entrance and could be used as guesthouse, gym, workshop, playroom etc. It also includes a roof garden, with panoramic view to the sea and medieval village.The land property covers in total 371,26 sqm and is surrounded by a two meter high, stone made wall that offers fully privacy. Additionally there is a beautiful garden with a pond as well as potential for future installation of pool or Jacuzzi.Also, outside area there is a barbeque place bordered by colorful plants and flowers.The house has been build using high quality materials, the walls are 50 cm, insulated, the windows and doors are double-glazing natural wood. All the construction process of the property has been recorded from the start to the end; this video is available for the interested buyer.The distance until Rethymno city is 6 km, till Heraklio Airport 70 km and to the beach 3 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 €530,000 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 |
|---|---|---|---|
| €530,000 | £450,866 | £464,566 | £13,701 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £450,866 |
| Maximum cost in the last six months | £464,566 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,701 |
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 €530,000 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 |
|---|---|---|---|
| €530,000 | £450,866 | £464,566 | £13,701 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £450,866 |
| Maximum cost in the last six months | £464,566 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,701 |
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 £13,701 more.
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