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Bungalow style house in Sfakaki development
Arkadi, Crete , Greece
REF: 782361
€185,000
Description
Located 8.5 kilometres from the city of Rethymno and 1.5 from the local amenities and facilities. The beach is just 850 metres. The property is on one level and comprises of an open plan kitchen with a dining/living area, 2 bedrooms and a recently renovated bathroom. The property has modern decor and provides easy living therefore, making it an ideal holiday home or a residence for permanent residence. There is a private parking space just outside the door. The house is set on a 200 m2 plot, which has a small garden with a bar-b-que and a private 12 m2 swimming pool shared with just one other property. Access to the tiled roof terrace is to the side of the house and this is where you can enjoy fabulous mountain and sea views, an ideal spot for watching the sunset. The property is within easy access of all amenities including the beach and restaurants, plus the national highway for easy access to either airport.
Located 8.5 kilometres from the city of Rethymno and 1.5 from the local amenities and facilities. The beach is just 850 metres. The property is on one level and comprises of an open plan kitchen with a dining/living area, 2 bedrooms and a recently renovated bathroom. The property has modern decor and provides easy living therefore, making it an ideal holiday home or a residence for permanent residence. There is a private parking space just outside the door. The house is set on a 200 m2 plot, which has a small garden with a bar-b-que and a private 12 m2 swimming pool shared with just one other property. Access to the tiled roof terrace is to the side of the house and this is where you can enjoy fabulous mountain and sea views, an ideal spot for watching the sunset. The property is within easy access of all amenities including the beach and restaurants, plus the national highway for easy access to either airport.
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Currency Exchange
Arkadi, 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 €185,000 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 |
|---|---|---|---|
| €185,000 | £157,378 | £162,160 | £4,782 |
| Property Price € | €185,000 |
| Minimum cost in the last six months | £157,378 |
| Maximum cost in the last six months | £162,160 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,782 |
Arkadi, 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 €185,000 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 |
|---|---|---|---|
| €185,000 | £157,378 | £162,160 | £4,782 |
| Property Price € | €185,000 |
| Minimum cost in the last six months | £157,378 |
| Maximum cost in the last six months | £162,160 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,782 |
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 £4,782 more.
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