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On the outskirts of the small village of Drapanos, a one-storey house of 70 m2 and a studio of 40 m2 are for sale
Chania, Crete, Greece
REF: 820305
€330,000
Description
On the outskirts of the small village of Drapanos, a one-storey house of 70 m2 and a studio of 40 m2 are for sale.The house consists of a spacious and bright kitchen-dining-living room, 2 bedrooms, a small hallway and a bathroom with shower.All rooms have access through large balcony doors to the terrace in front of the house.There are tiled floors and wooden ceilings throughout the house. The house is heated by radiators with a diesel boiler and a wood-burning stove; the living room has air conditioning (cold - warm) and ceiling fans. The kitchen is fully equipped with everything you need. The bedrooms have built-in wardrobes.Next to the main building there is a studio of 40 m2. This is a spacious accommodation with a fully equipped kitchen, fitted wardrobes, a double fold down bed and a large bathroom.A workshop and several utility rooms are attached to the house.The house, studio and outbuildings were built in 2002 and are kept in perfect condition.The area around the house with an area of 425 m2 is fenced and landscaped: there are fruit trees (orange, lemon, grapefruit, peach, pomegranate), grapes, a flower garden, a lawn, and stone paths. There is parking for 3 cars and a gazebo.An additional 130 m2 of living space can be built on the territory.
On the outskirts of the small village of Drapanos, a one-storey house of 70 m2 and a studio of 40 m2 are for sale.The house consists of a spacious and bright kitchen-dining-living room, 2 bedrooms, a small hallway and a bathroom with shower.All rooms have access through large balcony doors to the terrace in front of the house.There are tiled floors and wooden ceilings throughout the house. The house is heated by radiators with a diesel boiler and a wood-burning stove; the living room has air conditioning (cold - warm) and ceiling fans. The kitchen is fully equipped with everything you need. The bedrooms have built-in wardrobes.Next to the main building there is a studio of 40 m2. This is a spacious accommodation with a fully equipped kitchen, fitted wardrobes, a double fold down bed and a large bathroom.A workshop and several utility rooms are attached to the house.The house, studio and outbuildings were built in 2002 and are kept in perfect condition.The area around the house with an area of 425 m2 is fenced and landscaped: there are fruit trees (orange, lemon, grapefruit, peach, pomegranate), grapes, a flower garden, a lawn, and stone paths. There is parking for 3 cars and a gazebo.An additional 130 m2 of living space can be built on the territory.
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Currency Exchange
Chania, 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 €330,000 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 |
|---|---|---|---|
| €330,000 | £280,728 | £289,242 | £8,514 |
| Property Price € | €330,000 |
| Minimum cost in the last six months | £280,728 |
| Maximum cost in the last six months | £289,242 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,514 |
Chania, 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 €330,000 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 |
|---|---|---|---|
| €330,000 | £280,728 | £289,242 | £8,514 |
| Property Price € | €330,000 |
| Minimum cost in the last six months | £280,728 |
| Maximum cost in the last six months | £289,242 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,514 |
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 £8,514 more.
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