In the center of the picturesque village of Kefalas, next to the Church of Our Lady, in a quiet and green area, 2 old stone houses with a total area of 250 m2 are for sale

Chania, Crete, Greece

For Sale

€110,000

REF: 698732 €110,000


2

1

250 m2

360 m2

Description

In the center of the picturesque village of Kefalas, next to the Church of Our Lady, in a quiet and green area, 2 old stone houses with a total area of 250 m2 are for sale. The houses, together with the outbuildings, stand on a 360 m2 plot of land with a stone fence. The houses have preserved Cretan architectural elements: stone arches, a wooden attic, a wine cellar, etc.

There are also running water and electricity.The windows offer sea and mountain views.Distance to the beach of Ombrogialos 4 km, to the sandy beaches of Georgioupolis and Almyrida 9 km.
In the center of the picturesque village of Kefalas, next to the Church of Our Lady, in a quiet and green area, 2 old stone houses with a total area of 250 m2 are for sale. The houses, together with the outbuildings, stand on a 360 m2 plot of land with a stone fence. The houses have preserved Cretan architectural elements: stone arches, a wooden attic, a wine cellar, etc.

There are also running water and electricity.The windows offer sea and mountain views.Distance to the beach of Ombrogialos 4 km, to the sandy beaches of Georgioupolis and Almyrida 9 km.
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Property on Map

#18373-D-013

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 €110,000 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
€110,000 £93,576 £96,419 £2,844
Property Price € €110,000
Minimum cost in the last six months £93,576
Maximum cost in the last six months £96,419
Fluctuating exchange rates over the last six months could have increased the cost of this property by £2,844

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 €110,000 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
€110,000 £93,576 £96,419 £2,844
Property Price € €110,000
Minimum cost in the last six months £93,576
Maximum cost in the last six months £96,419
Fluctuating exchange rates over the last six months could have increased the cost of this property by £2,844

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 £2,844 more.

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