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A beautifully restored Cretan house (184 m2) for sale near the center of the village
Chania, Crete, Greece
REF: 698722
€650,000
Description
A beautifully restored Cretan house (184 m2) for sale near the center of the village.On the ground floor there is a spacious living room with fireplace and kitchen. From the living room doors lead to a large covered terrace with outdoor furniture. Also on the ground floor there is a study and a cozy bedroom with a fireplace and a separate entrance.A wooden staircase leads to the second floor with a large bedroom and a large bathroom, toilet and laundry room. The bedroom has access to 2 large terraces overlooking the village and mountains.The house has heating, air conditioning and a solar panel for water heating.The second two-storey guest house with an area of 142 m2 is almost completed. It remains to install the carpentry and make a fine whitewash.In front of the house there is a shady stone courtyard with an arch entwined with roses, a large manicured garden and a fragrant flower garden. Large plot (1,627 m2) surrounded by a stone fence.The sandy beach of Almyrida is 3.5 km away.
A beautifully restored Cretan house (184 m2) for sale near the center of the village.On the ground floor there is a spacious living room with fireplace and kitchen. From the living room doors lead to a large covered terrace with outdoor furniture. Also on the ground floor there is a study and a cozy bedroom with a fireplace and a separate entrance.A wooden staircase leads to the second floor with a large bedroom and a large bathroom, toilet and laundry room. The bedroom has access to 2 large terraces overlooking the village and mountains.The house has heating, air conditioning and a solar panel for water heating.The second two-storey guest house with an area of 142 m2 is almost completed. It remains to install the carpentry and make a fine whitewash.In front of the house there is a shady stone courtyard with an arch entwined with roses, a large manicured garden and a fragrant flower garden. Large plot (1,627 m2) surrounded by a stone fence.The sandy beach of Almyrida is 3.5 km away.
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Currency Exchange
Chania, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £552,949 | £569,719 | £16,770 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £552,949 |
| Maximum cost in the last six months | £569,719 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,770 |
Chania, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £552,949 | £569,719 | £16,770 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £552,949 |
| Maximum cost in the last six months | £569,719 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,770 |
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 £16,770 more.
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