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An outstanding Villa in Armeni
Rethymno, Crete , Greece
REF: 782378
€520,000
Description
This luxury Villa is located just outside Armeni village with easy access to local amenities, the town of Rethymno and the beautiful south coast. A wonderful 4 bedroom and 3 bathroom villa with amazing surroundings. The house has 2 floors including a unique mezzanine above the lounge which can be used as bedroom, study or an extra living area. On the ground floor, there is a spacious living room with large patio doors that open out on to the tiled terrace and the swimming pool, a separate kitchen and a dining area. On the first floor, there are 3 double bedrooms fitted with built-in wardrobes and 2 bathrooms. The main bathroom is very spacious with a large corner bath and a convenient double sink. The washing machine is also located here and there is ample storage. The second bathroom is en-suite and has a walk-in shower. The villa also comprised of a light and spacious independent studio, plus a storage area located below the main house. The studio can sleep up to four people and it comprises of a kitchen, bedroom, bathroom and a spacious area which can be used as living or games room and has large patio doors opening out on to the private grassed garden. To the side of the property there is a parking space and at the front a private swimming pool with a large tiled terrace where you find comfortable sunbeds to enjoy the wonderful Cretan sun. The plot the house is built on is 719.12 m2 and the house is 195.21 m2. A village you can fall in love with. The area is fully functional, year-round and offers all amenities and facilities, such as bakeries, supermarkets, pharmacies, etc. Armeni is a village which is located 11km south of the city of Rethymno. It was named Armeni after the first inhabitants of the region, Armenian soldiers, came, along with Nikiforos Fokas, to release Crete in 961.
This luxury Villa is located just outside Armeni village with easy access to local amenities, the town of Rethymno and the beautiful south coast. A wonderful 4 bedroom and 3 bathroom villa with amazing surroundings. The house has 2 floors including a unique mezzanine above the lounge which can be used as bedroom, study or an extra living area. On the ground floor, there is a spacious living room with large patio doors that open out on to the tiled terrace and the swimming pool, a separate kitchen and a dining area. On the first floor, there are 3 double bedrooms fitted with built-in wardrobes and 2 bathrooms. The main bathroom is very spacious with a large corner bath and a convenient double sink. The washing machine is also located here and there is ample storage. The second bathroom is en-suite and has a walk-in shower. The villa also comprised of a light and spacious independent studio, plus a storage area located below the main house. The studio can sleep up to four people and it comprises of a kitchen, bedroom, bathroom and a spacious area which can be used as living or games room and has large patio doors opening out on to the private grassed garden. To the side of the property there is a parking space and at the front a private swimming pool with a large tiled terrace where you find comfortable sunbeds to enjoy the wonderful Cretan sun. The plot the house is built on is 719.12 m2 and the house is 195.21 m2. A village you can fall in love with. The area is fully functional, year-round and offers all amenities and facilities, such as bakeries, supermarkets, pharmacies, etc. Armeni is a village which is located 11km south of the city of Rethymno. It was named Armeni after the first inhabitants of the region, Armenian soldiers, came, along with Nikiforos Fokas, to release Crete in 961.
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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 €520,000 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 |
|---|---|---|---|
| €520,000 | £442,359 | £455,801 | £13,442 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £442,359 |
| Maximum cost in the last six months | £455,801 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,442 |
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 €520,000 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 |
|---|---|---|---|
| €520,000 | £442,359 | £455,801 | £13,442 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £442,359 |
| Maximum cost in the last six months | £455,801 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,442 |
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 £13,442 more.
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