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Detached House for sale Center (Rethymno)
Rethymno, Crete , Greece
REF: 782377
€650,000
Description
Boasting a prime location in a prestigious district in the heart of the picturesque Old Town of Rethymnon, this exquisite late 1800 s-built property, offers historic appeal and limitless potential. The building is situated on a large park with an open air playing ground next to it and the impressive square of Rethymno County Council. It is in a walking distance from the sea and the area is surrounded by narrow alleys and magnificent buildings of an older era. It is a property suitable for permanent living, as well as for commercial use in the HORECA business. The building spreads on two levels, a 88,43m2 ground floor and a 88,43m2 first floor. The ground floor is accessed by three doors, one leading directly to a spacious living room, one in the hallway and one directly to the stairs. Upon entering through the middle door and directly into the hallway, we find the living room on the left, the kitchen, and two WCs on the right. Internal stairs are leading us to the first floor, which is occupied by two bedrooms with en-suite bathrooms. The first bedroom is gifted with 5 large windows allowing plenty of sunshine, while the second one has two windows. On the first floor there is also an internal patio
Boasting a prime location in a prestigious district in the heart of the picturesque Old Town of Rethymnon, this exquisite late 1800 s-built property, offers historic appeal and limitless potential. The building is situated on a large park with an open air playing ground next to it and the impressive square of Rethymno County Council. It is in a walking distance from the sea and the area is surrounded by narrow alleys and magnificent buildings of an older era. It is a property suitable for permanent living, as well as for commercial use in the HORECA business. The building spreads on two levels, a 88,43m2 ground floor and a 88,43m2 first floor. The ground floor is accessed by three doors, one leading directly to a spacious living room, one in the hallway and one directly to the stairs. Upon entering through the middle door and directly into the hallway, we find the living room on the left, the kitchen, and two WCs on the right. Internal stairs are leading us to the first floor, which is occupied by two bedrooms with en-suite bathrooms. The first bedroom is gifted with 5 large windows allowing plenty of sunshine, while the second one has two windows. On the first floor there is also an internal patio
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Currency Exchange
Rethymno, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £552,949 | £569,751 | £16,803 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £552,949 |
| Maximum cost in the last six months | £569,751 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,803 |
Rethymno, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £552,949 | £569,751 | £16,803 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £552,949 |
| Maximum cost in the last six months | £569,751 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,803 |
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 £16,803 more.
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