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Maroulas renovated stone house
Rethymno, Crete , Greece
REF: 782383
€530,000
Description
Reduced price! Charming and beautiful property with character in a traditional Cretan village. It consist of 2 houses, one 180m2 and the other 85m2. Both houses have small garden but common entrance. The bigger house consists of 3 bedrooms and a bathroom, the small house has 2 bedrooms and a bathroom. Maroulas is a small size village protected by the Archeology & Environment Department. Only traditional buildings are allowed to be built. The property is high up and has marvelous sea views. It has a few wonderful taverns with magnificent views, coffee place, kindergarten and mini market. Energy Classification: D
Reduced price! Charming and beautiful property with character in a traditional Cretan village. It consist of 2 houses, one 180m2 and the other 85m2. Both houses have small garden but common entrance. The bigger house consists of 3 bedrooms and a bathroom, the small house has 2 bedrooms and a bathroom. Maroulas is a small size village protected by the Archeology & Environment Department. Only traditional buildings are allowed to be built. The property is high up and has marvelous sea views. It has a few wonderful taverns with magnificent views, coffee place, kindergarten and mini market. Energy Classification: D
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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 €530,000 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 |
|---|---|---|---|
| €530,000 | £450,866 | £464,566 | £13,701 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £450,866 |
| Maximum cost in the last six months | £464,566 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,701 |
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 €530,000 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 |
|---|---|---|---|
| €530,000 | £450,866 | £464,566 | £13,701 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £450,866 |
| Maximum cost in the last six months | £464,566 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,701 |
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 £13,701 more.
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