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Mystras for sale a residential complex of 250sq
Mistras, Lakonia Perfecture, Greece
REF: 748182
€55,000
Description
Mystras for sale a residential complex of 250sq.m. This advertisement concerns a three-storey stone-built building on a plot of land located within the boundaries of the settlement of Anavriti of the municipality of Mystras, in the prefecture of Laconia, with a first building permit before 1955, and consists of three levels distinguished by a basement storage room, a ground floor workshop area, and an additional floor used as a residence. The floor is covered by a tiled roof. A stone-built open-air oven and part of an older paddock can be found in the surrounding area. With these facts in mind, a preliminary study was carried out for the restoration, redesign and landscaping of the building and the surrounding area of the property and its conversion into three independent apartments of tourist interest - one per level - with outdoor communal areas and a garden. Based on the above, the whole of the property in question may be included in a funding programme (NSRF etc.) aimed at supporting and operating new tourism businesses and may be included in the eligible category of business activities referred to as: Non-primary hotel accommodation: self-catering accommodation - tourist furnished houses with a minimum number of 3 dwellings, rented furnished rooms - apartments of 4 keys or more and with a minimum capacity of 12 beds. The sale price includes: Architectural plans -photorealistic drawings-cost estimate-key classification table-technical description-permitted land uses by th
Mystras for sale a residential complex of 250sq.m. This advertisement concerns a three-storey stone-built building on a plot of land located within the boundaries of the settlement of Anavriti of the municipality of Mystras, in the prefecture of Laconia, with a first building permit before 1955, and consists of three levels distinguished by a basement storage room, a ground floor workshop area, and an additional floor used as a residence. The floor is covered by a tiled roof. A stone-built open-air oven and part of an older paddock can be found in the surrounding area. With these facts in mind, a preliminary study was carried out for the restoration, redesign and landscaping of the building and the surrounding area of the property and its conversion into three independent apartments of tourist interest - one per level - with outdoor communal areas and a garden. Based on the above, the whole of the property in question may be included in a funding programme (NSRF etc.) aimed at supporting and operating new tourism businesses and may be included in the eligible category of business activities referred to as: Non-primary hotel accommodation: self-catering accommodation - tourist furnished houses with a minimum number of 3 dwellings, rented furnished rooms - apartments of 4 keys or more and with a minimum capacity of 12 beds. The sale price includes: Architectural plans -photorealistic drawings-cost estimate-key classification table-technical description-permitted land uses by th
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Currency Exchange
Mistras, Lakonia Perfecture, 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 €55,000 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 |
|---|---|---|---|
| €55,000 | £46,788 | £48,210 | £1,422 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £46,788 |
| Maximum cost in the last six months | £48,210 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,422 |
Mistras, Lakonia Perfecture, 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 €55,000 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 |
|---|---|---|---|
| €55,000 | £46,788 | £48,210 | £1,422 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £46,788 |
| Maximum cost in the last six months | £48,210 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,422 |
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 £1,422 more.
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