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Renovated stone house in Margarites village
Geropotamos, Crete , Greece
REF: 782371
€230,000
Description
Welcome to the exquisite stone renovated house, a captivating property nestled on a generous plot of land, spanning 161 square meters across two levels. This enchanting residence boasts a timeless charm, combining traditional architecture with modern conveniences. Upon entering, you are greeted by a sense of warmth and elegance. The house comprises four distinct rooms, each thoughtfully designed with its own kitchen and bathroom, providing privacy and autonomy to its occupants. The rooms can be easily configured to suit different needs, whether as individual apartments or as a spacious maisonette, allowing for versatile living arrangements. This remarkable property holds tremendous potential as an investment opportunity, particularly due to its layout, which lends itself perfectly to a bed and breakfast hotel. The flexibility in room configuration ensures that guests can enjoy their stay with utmost comfort and privacy, while still fostering a sense of togetherness. Stepping outside, you'll discover the true allure of this home an enchanting backyard that invites you to relax and unwind in a serene oasis. The meticulously landscaped garden offers a tranquil retreat, ideal for enjoying leisurely moments or hosting intimate gatherings. From the balconies, breathtaking sea views extend as far as the eye can see, adding a touch of wonder and tranquility to everyday life. Situated just 29 kilometers away from the vibrant city of Rethymno, this stone renovated house strikes the perfect balance between seclusion and convenience. The city's rich history, cultural attractions, and vibrant atmosphere are within easy reach, allowing residents and guests to immerse themselves in the local lifestyle. Furthermore, the pristine sandy beaches are a mere 14 kilometers away, offering an escape to sun-drenched shores and crystalline waters. Whether you're seeking a charming residence or a lucrative investment, this stone renovated house captivates with its blend of timeless beauty, versatile layout, and stunning surroundings. Prepare to immerse yourself in a haven of comfort, luxury, and endless possibilities.
Welcome to the exquisite stone renovated house, a captivating property nestled on a generous plot of land, spanning 161 square meters across two levels. This enchanting residence boasts a timeless charm, combining traditional architecture with modern conveniences. Upon entering, you are greeted by a sense of warmth and elegance. The house comprises four distinct rooms, each thoughtfully designed with its own kitchen and bathroom, providing privacy and autonomy to its occupants. The rooms can be easily configured to suit different needs, whether as individual apartments or as a spacious maisonette, allowing for versatile living arrangements. This remarkable property holds tremendous potential as an investment opportunity, particularly due to its layout, which lends itself perfectly to a bed and breakfast hotel. The flexibility in room configuration ensures that guests can enjoy their stay with utmost comfort and privacy, while still fostering a sense of togetherness. Stepping outside, you'll discover the true allure of this home an enchanting backyard that invites you to relax and unwind in a serene oasis. The meticulously landscaped garden offers a tranquil retreat, ideal for enjoying leisurely moments or hosting intimate gatherings. From the balconies, breathtaking sea views extend as far as the eye can see, adding a touch of wonder and tranquility to everyday life. Situated just 29 kilometers away from the vibrant city of Rethymno, this stone renovated house strikes the perfect balance between seclusion and convenience. The city's rich history, cultural attractions, and vibrant atmosphere are within easy reach, allowing residents and guests to immerse themselves in the local lifestyle. Furthermore, the pristine sandy beaches are a mere 14 kilometers away, offering an escape to sun-drenched shores and crystalline waters. Whether you're seeking a charming residence or a lucrative investment, this stone renovated house captivates with its blend of timeless beauty, versatile layout, and stunning surroundings. Prepare to immerse yourself in a haven of comfort, luxury, and endless possibilities.
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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 €230,000 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 |
|---|---|---|---|
| €230,000 | £195,659 | £201,604 | £5,946 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £195,659 |
| Maximum cost in the last six months | £201,604 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,946 |
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 €230,000 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 |
|---|---|---|---|
| €230,000 | £195,659 | £201,604 | £5,946 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £195,659 |
| Maximum cost in the last six months | £201,604 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,946 |
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 £5,946 more.
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