Search
Renovation in the charming village of Panormo
Geropotamos, Crete , Greece
REF: 782360
€195,000
Description
A 128,34 m2 house in the center of the village of Panormo is waiting for a creative touch to transform it into a dream home. This two-story house comes with a courtyard and a balcony on the first floor, providing excellent outdoor spaces for relaxation and enjoyment. The house needs complete renovation, which presents a fantastic opportunity to turn it into an amazing property, in the heart of this charming village, only 200 meters away from the beach. Either you are looking for a holiday home, around year living property or an investment for rental exploitation, this property has immense potential to become something unique in this idyllic setting. Panormo is a fantastic beach town that strikes the perfect balance between modern convenience and a traditional atmosphere. Its natural port is the focal point of three beautiful bays, offering residents the luxury of multiple beaches to choose from. The town itself is a romantic haven, with narrow alleys lined with traditional houses adorned with charming Italian-style balconies, providing various tavernas, supermarkets, small craft shops and a pharmacy. This property is a rare gem for those who appreciate the allure of traditional Mediterranean living and are excited about restoring a piece of history.
A 128,34 m2 house in the center of the village of Panormo is waiting for a creative touch to transform it into a dream home. This two-story house comes with a courtyard and a balcony on the first floor, providing excellent outdoor spaces for relaxation and enjoyment. The house needs complete renovation, which presents a fantastic opportunity to turn it into an amazing property, in the heart of this charming village, only 200 meters away from the beach. Either you are looking for a holiday home, around year living property or an investment for rental exploitation, this property has immense potential to become something unique in this idyllic setting. Panormo is a fantastic beach town that strikes the perfect balance between modern convenience and a traditional atmosphere. Its natural port is the focal point of three beautiful bays, offering residents the luxury of multiple beaches to choose from. The town itself is a romantic haven, with narrow alleys lined with traditional houses adorned with charming Italian-style balconies, providing various tavernas, supermarkets, small craft shops and a pharmacy. This property is a rare gem for those who appreciate the allure of traditional Mediterranean living and are excited about restoring a piece of history.
Read More
Property on Map
Currency Exchange
Geropotamos, 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 €195,000 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 |
|---|---|---|---|
| €195,000 | £165,885 | £170,925 | £5,041 |
| Property Price € | €195,000 |
| Minimum cost in the last six months | £165,885 |
| Maximum cost in the last six months | £170,925 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,041 |
Geropotamos, 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 €195,000 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 |
|---|---|---|---|
| €195,000 | £165,885 | £170,925 | £5,041 |
| Property Price € | €195,000 |
| Minimum cost in the last six months | £165,885 |
| Maximum cost in the last six months | £170,925 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,041 |
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 £5,041 more.
Hi {{firstName}},
Enquire about this property
Make an Enquiry on this property
No Yes
No Yes
I agree to be connected with a trusted property agent who will receive
these details.
We handle your data with care and only ever as outlined in our
Privacy Policy
Thank you for your
enquiry!
Our partner agent will be in touch with you shortly.
Our partner agent will be in touch with you shortly.
Enquire about this property
No
Yes
No
Yes
I agree to be connected with the property agent for more detail on this
listing.
We handle your data with care and only ever as outlined in our
Privacy Policy
