Renovation project in Kalandare village

Geropotamos, Crete , Greece

For Sale

€60,000

REF: 782374 €60,000


148 m2

Description

This spacious traditional house has 2 levels with sea views from the 1st floor. Both levels are currently used as storage rooms and have not been divided into rooms. The structure is in good condition and a new roof was added a few years ago. The main entrance to the property is from the cobbled street.

The building itself is made from Cretan stone and this will be evident if the cement that currently coves the stone walls is removed. Many of the properties in the village are stone and this property has the ability to become a traditional but a modern home once again. There is a small garden to the side of the house.

Kalandare is a beautiful, traditional Cretan village with many stone houses and paved roads. Most of the other houses have been renovated which gives the village a very lovely atmosphere and the feeling it is loved by its inhabitants.
This spacious traditional house has 2 levels with sea views from the 1st floor. Both levels are currently used as storage rooms and have not been divided into rooms. The structure is in good condition and a new roof was added a few years ago. The main entrance to the property is from the cobbled street.

The building itself is made from Cretan stone and this will be evident if the cement that currently coves the stone walls is removed. Many of the properties in the village are stone and this property has the ability to become a traditional but a modern home once again. There is a small garden to the side of the house.

Kalandare is a beautiful, traditional Cretan village with many stone houses and paved roads. Most of the other houses have been renovated which gives the village a very lovely atmosphere and the feeling it is loved by its inhabitants.
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Property on Map

#30968

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 €60,000 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
€60,000 £51,041 £52,592 £1,551
Property Price € €60,000
Minimum cost in the last six months £51,041
Maximum cost in the last six months £52,592
Fluctuating exchange rates over the last six months could have increased the cost of this property by £1,551

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 €60,000 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
€60,000 £51,041 £52,592 £1,551
Property Price € €60,000
Minimum cost in the last six months £51,041
Maximum cost in the last six months £52,592
Fluctuating exchange rates over the last six months could have increased the cost of this property by £1,551

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 £1,551 more.

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