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Building: 430 sq
Rethymno, Crete, Greece
REF: 783206
€1,500,000
Description
Building: 430 sq. m.* Land: 4002 sq. m.* Bedrooms: 10* Bathroom: 8* Construction date: 2005* Year of renovation: 2016A 6 bedrooms villa of 430 sqm on its own plot of land of 4002 sqm with panoramic uninterrupted views over the sea, Psiloritis Mountain and White Mountains.This good-sized villa is located at only 6 km from Rethymno city on a land of 4002 sqm surrounded by pure nature and stunning views to the sea and mountains.The building is in size of 430 sqm consisting of 3 levels:- on the ground floor of 170 sqm there are 4 studios (one bedroom, kitchen and bathroom each one). Currently, only one studio is completely finished the other 3 are under construction.- on the first floor in size of 170 sqm there are a huge living room, dining room, the kitchen full furnished and equipped, 2 bathrooms, 3 bedrooms each one having its own balcony and a large front veranda offering superb sea and countryside views.- the second floor of 90 sqm could be considered as a separated 3 bedrooms house having its own living room, kitchen, 2 bathrooms, balconies with great views around.The land of this property, surrounded by natural stone wall, has garden with plants and trees, vegetable garden and plenty place to be set a swimming pool.The location and the architecture of this property permit to be use also as a perfect touristic rental business.
Building: 430 sq. m.* Land: 4002 sq. m.* Bedrooms: 10* Bathroom: 8* Construction date: 2005* Year of renovation: 2016A 6 bedrooms villa of 430 sqm on its own plot of land of 4002 sqm with panoramic uninterrupted views over the sea, Psiloritis Mountain and White Mountains.This good-sized villa is located at only 6 km from Rethymno city on a land of 4002 sqm surrounded by pure nature and stunning views to the sea and mountains.The building is in size of 430 sqm consisting of 3 levels:- on the ground floor of 170 sqm there are 4 studios (one bedroom, kitchen and bathroom each one). Currently, only one studio is completely finished the other 3 are under construction.- on the first floor in size of 170 sqm there are a huge living room, dining room, the kitchen full furnished and equipped, 2 bathrooms, 3 bedrooms each one having its own balcony and a large front veranda offering superb sea and countryside views.- the second floor of 90 sqm could be considered as a separated 3 bedrooms house having its own living room, kitchen, 2 bathrooms, balconies with great views around.The land of this property, surrounded by natural stone wall, has garden with plants and trees, vegetable garden and plenty place to be set a swimming pool.The location and the architecture of this property permit to be use also as a perfect touristic rental business.
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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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,276,035 | £1,313,145 | £37,110 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,276,035 |
| Maximum cost in the last six months | £1,313,145 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,110 |
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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,276,035 | £1,313,145 | £37,110 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,276,035 |
| Maximum cost in the last six months | £1,313,145 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,110 |
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 £37,110 more.
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