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This is restoration - completed in the spring of 2022 - of a traditional stone home which has been transformed into luxury villa preserving and taking advantage of its captivating Cretan beauty and charming while fully respecting the nature and history of the surrounding area
Rethymno, Crete, Greece
REF: 743645
€720,000
Description
This is restoration - completed in the spring of 2022 - of a traditional stone home which has been transformed into luxury villa preserving and taking advantage of its captivating Cretan beauty and charming while fully respecting the nature and history of the surrounding area.The restoration of the building was made with natural stone and wood creating a modern, well equipped and traditionally decorated villa.All the stonework is beautifully dressed and fully treated for moisture resistance.The stonework is a refreshing change from the more modern type of construction offering cool interiors during the hot summer months and a wonderful traditional look and feeling.The total area of the villa is 141 sqm, build on two floors on a land of 257 sqm with potential to build other 90 sqm.On the ground floor, decorated and furnished by the finest traditional style the area comprises of living room with traditional fireplace, kitchen, a large dining area with view to the pool and a bathroom.Following the same exquisite design, on the first floor there are other two bedrooms and a stylish bathroom.Also, on the first floor there is a separate room of 12 sqm (used presently as storage) which could easily be set as the 4th bedroom, office, gym or any other place desired.Large verandas offer panoramic views over the sea and country landscape.The villa offers also full facilities as air conditioning, fireplace, solar panel, high quality wooden windows and doors, fly screens, for a perfect living comfort.The large, semi closed veranda in front of the villa hosts a charming, private swimming pool.Also, outside area there is stone paved patio, lawn, jacuzzi, elegant stone fountain, fully fitted and equipped BBQ area, dining place, lots of relaxing spots and beautiful green area with all kinds of trees, plants and flowers.The property is for the first season engaged in tourist rental and has proven to be a successful business.FEATURES* Building: 141 sq. m.* Land: 257 sq. m.* Bedrooms: 3* Living Room: 1* Kitchen: 1* Bathroom: 2* Construction date: 2022* Energy D
This is restoration - completed in the spring of 2022 - of a traditional stone home which has been transformed into luxury villa preserving and taking advantage of its captivating Cretan beauty and charming while fully respecting the nature and history of the surrounding area.The restoration of the building was made with natural stone and wood creating a modern, well equipped and traditionally decorated villa.All the stonework is beautifully dressed and fully treated for moisture resistance.The stonework is a refreshing change from the more modern type of construction offering cool interiors during the hot summer months and a wonderful traditional look and feeling.The total area of the villa is 141 sqm, build on two floors on a land of 257 sqm with potential to build other 90 sqm.On the ground floor, decorated and furnished by the finest traditional style the area comprises of living room with traditional fireplace, kitchen, a large dining area with view to the pool and a bathroom.Following the same exquisite design, on the first floor there are other two bedrooms and a stylish bathroom.Also, on the first floor there is a separate room of 12 sqm (used presently as storage) which could easily be set as the 4th bedroom, office, gym or any other place desired.Large verandas offer panoramic views over the sea and country landscape.The villa offers also full facilities as air conditioning, fireplace, solar panel, high quality wooden windows and doors, fly screens, for a perfect living comfort.The large, semi closed veranda in front of the villa hosts a charming, private swimming pool.Also, outside area there is stone paved patio, lawn, jacuzzi, elegant stone fountain, fully fitted and equipped BBQ area, dining place, lots of relaxing spots and beautiful green area with all kinds of trees, plants and flowers.The property is for the first season engaged in tourist rental and has proven to be a successful business.FEATURES* Building: 141 sq. m.* Land: 257 sq. m.* Bedrooms: 3* Living Room: 1* Kitchen: 1* Bathroom: 2* Construction date: 2022* Energy D
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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 €720,000 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 |
|---|---|---|---|
| €720,000 | £612,497 | £631,109 | £18,612 |
| Property Price € | €720,000 |
| Minimum cost in the last six months | £612,497 |
| Maximum cost in the last six months | £631,109 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,612 |
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 €720,000 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 |
|---|---|---|---|
| €720,000 | £612,497 | £631,109 | £18,612 |
| Property Price € | €720,000 |
| Minimum cost in the last six months | £612,497 |
| Maximum cost in the last six months | £631,109 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,612 |
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 £18,612 more.
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