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House in a developement with 2 apartments in Panormos
Geropotamos, Crete , Greece
REF: 820331
€550,000
Description
Welcome to your seaside retreat in the heart of Panormos, Crete. This charming house offers two cozy apartments, each spanning 93 m and designed for comfort and relaxation. Step inside to discover open-plan living spaces where the kitchen, dining, and living areas seamlessly blend together, creating an inviting atmosphere for gatherings and quiet moments alike. With two bedrooms and a stylish bathroom in each apartment, you'll find ample space to unwind after a day of exploration. Upstairs, beautiful sea views await, providing a stunning backdrop to your everyday moments. And just a stone's throw away, the communal swimming pool offers a refreshing escape on warm summer days. Located just 75 meters from the sea and within easy reach of the village amenities, this house is a perfect retreat for those seeking the tranquility of coastal living combined with the comforts of a home. Welcome to your slice of paradise in Panormos.
Welcome to your seaside retreat in the heart of Panormos, Crete. This charming house offers two cozy apartments, each spanning 93 m and designed for comfort and relaxation. Step inside to discover open-plan living spaces where the kitchen, dining, and living areas seamlessly blend together, creating an inviting atmosphere for gatherings and quiet moments alike. With two bedrooms and a stylish bathroom in each apartment, you'll find ample space to unwind after a day of exploration. Upstairs, beautiful sea views await, providing a stunning backdrop to your everyday moments. And just a stone's throw away, the communal swimming pool offers a refreshing escape on warm summer days. Located just 75 meters from the sea and within easy reach of the village amenities, this house is a perfect retreat for those seeking the tranquility of coastal living combined with the comforts of a home. Welcome to your slice of paradise in Panormos.
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Currency Exchange
Geropotamos, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £467,880 | £481,487 | £13,607 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £467,880 |
| Maximum cost in the last six months | £481,487 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,607 |
Geropotamos, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £467,880 | £481,487 | £13,607 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £467,880 |
| Maximum cost in the last six months | £481,487 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,607 |
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 £13,607 more.
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