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This beautifully renovated property dates back to the late Minoan III period
Rethymno, Crete, Greece
REF: 698703
€600,000
Description
This beautifully renovated property dates back to the late Minoan III period.Located in the quiet hillside village of Maroulas in Rethymno it has been declared a landmark monument by the Ministry of Culture.Maroulas is an exceptionally picturesque village 150m above sea level, surrounded by stunning views of the sea, with a warm, welcoming atmosphere.At the heart of this sleepy village, a small taverna serving excellent, traditional Cretan food. An integral part of local life here, somewhere friends gather to while away an hour or two, with an ouzo in hand and some lively conversation.The property has been sensitively upgraded and modernised, whilst retaining its innate delicate grandeur.Original features have been brought back to life. Wooden floors and ceilings, stone walls, gorgeous open fireplaces, Epochal Times is beautifully furnished and surprisingly spacious.Here tradition is combined with every modern convenience. Sold furnished, with a fully fitted kitchen, Epochal Times has three romantic bedrooms with luxury en-suite bathrooms.A lift makes for easy access to the three separate levels.A rooftop sun terrace, somewhere to relax in the hot tub enjoying views of the sea and by night the lights of Rethymnon city which is a short drive away.Authentic Greek living in authentic Greek surroundings.Nearest Town:Rethymno Center (9km)Nearest Beach:Rethymno Beach (5.2km)International Airport:78km
This beautifully renovated property dates back to the late Minoan III period.Located in the quiet hillside village of Maroulas in Rethymno it has been declared a landmark monument by the Ministry of Culture.Maroulas is an exceptionally picturesque village 150m above sea level, surrounded by stunning views of the sea, with a warm, welcoming atmosphere.At the heart of this sleepy village, a small taverna serving excellent, traditional Cretan food. An integral part of local life here, somewhere friends gather to while away an hour or two, with an ouzo in hand and some lively conversation.The property has been sensitively upgraded and modernised, whilst retaining its innate delicate grandeur.Original features have been brought back to life. Wooden floors and ceilings, stone walls, gorgeous open fireplaces, Epochal Times is beautifully furnished and surprisingly spacious.Here tradition is combined with every modern convenience. Sold furnished, with a fully fitted kitchen, Epochal Times has three romantic bedrooms with luxury en-suite bathrooms.A lift makes for easy access to the three separate levels.A rooftop sun terrace, somewhere to relax in the hot tub enjoying views of the sea and by night the lights of Rethymnon city which is a short drive away.Authentic Greek living in authentic Greek surroundings.Nearest Town:Rethymno Center (9km)Nearest Beach:Rethymno Beach (5.2km)International Airport:78km
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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 €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 |
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 €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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