Located in Pogonia, this first-floor studio is just 150 meters from the shoreline, offering postcard views of the sea and the mountains rising on the horizon

Paleros (Region), Central Greece, Greece

For Sale

€120,000

REF: 961620 €120,000


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Description

Located in Pogonia, this first-floor studio is just 150 meters from the shoreline, offering postcard views of the sea and the mountains rising on the horizon. The studio is approximately 29 sqm and features a unified living space complete with a large bed for two, a cosy kitchenette, and a modern bathroom.

It is a compact living space set amidst the scenic beauty of Pogonia, yet part of a lively complex and international neighbourhood. Renovated in 2020, the studio is fully equipped for immediate living, featuring air conditioning for year-round comfort and parking on the premises. Residents enjoy access to a large communal pool and a bar-restaurant serving food and drinks throughout the summer, from morning sun to golden sunset.

Rental potential This property is ideally suited for rentals: guests can enjoy the property, the village of Pogonia and the sea without needing a car, as everything is within walking distance. The apartments in the complex are currently used as rentals, offering promising rental potential. The benefit lies in its appeal to a wide range of clients, particularly couples seeking the privacy of a private complex with amenities like a shared pool, a bar-restaurant, and a prime location for exploring Pogonia and Paleros.

Finally, many reputable management companies are operating in the area, which has become a destination of choice for those wishing to explore the wonders of Western Greece and the Ionian coastline, offering you the opportunity to enjoy both your holiday home and the passive income it will generate. Location Distances The village of Pogonia is situated in a breathtakingly beautiful, sheltered spot with beautiful views toward the crystal-clear water of the Ionian Sea.

Olive trees, vineyards and pine trees reach the lovely sandy beach. A few local taverns, cafes, and a supermarket are within walking distance. Pogonia lies close to the main town of Paleros (a 5-minute drive), a cosy, authentic harbour town with its own marina and no mass tourism. Preveza, Syvota, Parga, and many other places can also easily be reached by car for fun day trips.

The offshore breeze makes the sheltered bay of Paleros an ideal place for swimming, fishing, sailing, diving, snorkelling, and canoeing under conditions more reminiscent of a lake than the sea. The village also lies within half an hour from the island of Lefkada, which is easily accessible by car via a bridge from the mainland.

Lefkas is a cosmopolitan island in the Ionian Sea that is very popular among people who love sailing. Furthermore, Lefkada has some magnificent beaches that are among the best in the world, with fine, snow-white pebbles and azure waters. Marina of Pogonia: 400 m Pogonia Square: 650 m Paleros: 5 km Lefkada: 23.5 km Preveza International Airport: 32 km Preveza: 38 km
Located in Pogonia, this first-floor studio is just 150 meters from the shoreline, offering postcard views of the sea and the mountains rising on the horizon. The studio is approximately 29 sqm and features a unified living space complete with a large bed for two, a cosy kitchenette, and a modern bathroom.

It is a compact living space set amidst the scenic beauty of Pogonia, yet part of a lively complex and international neighbourhood. Renovated in 2020, the studio is fully equipped for immediate living, featuring air conditioning for year-round comfort and parking on the premises. Residents enjoy access to a large communal pool and a bar-restaurant serving food and drinks throughout the summer, from morning sun to golden sunset.

Rental potential This property is ideally suited for rentals: guests can enjoy the property, the village of Pogonia and the sea without needing a car, as everything is within walking distance. The apartments in the complex are currently used as rentals, offering promising rental potential. The benefit lies in its appeal to a wide range of clients, particularly couples seeking the privacy of a private complex with amenities like a shared pool, a bar-restaurant, and a prime location for exploring Pogonia and Paleros.

Finally, many reputable management companies are operating in the area, which has become a destination of choice for those wishing to explore the wonders of Western Greece and the Ionian coastline, offering you the opportunity to enjoy both your holiday home and the passive income it will generate. Location Distances The village of Pogonia is situated in a breathtakingly beautiful, sheltered spot with beautiful views toward the crystal-clear water of the Ionian Sea.

Olive trees, vineyards and pine trees reach the lovely sandy beach. A few local taverns, cafes, and a supermarket are within walking distance. Pogonia lies close to the main town of Paleros (a 5-minute drive), a cosy, authentic harbour town with its own marina and no mass tourism. Preveza, Syvota, Parga, and many other places can also easily be reached by car for fun day trips.

The offshore breeze makes the sheltered bay of Paleros an ideal place for swimming, fishing, sailing, diving, snorkelling, and canoeing under conditions more reminiscent of a lake than the sea. The village also lies within half an hour from the island of Lefkada, which is easily accessible by car via a bridge from the mainland.

Lefkas is a cosmopolitan island in the Ionian Sea that is very popular among people who love sailing. Furthermore, Lefkada has some magnificent beaches that are among the best in the world, with fine, snow-white pebbles and azure waters. Marina of Pogonia: 400 m Pogonia Square: 650 m Paleros: 5 km Lefkada: 23.5 km Preveza International Airport: 32 km Preveza: 38 km
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#278167

Currency Exchange

Paleros (Region), Central Greece, 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 €120,000 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
€120,000 £98,868 £104,171 £5,303
Property Price € €120,000
Minimum cost in the last six months £98,868
Maximum cost in the last six months £104,171
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,303

Paleros (Region), Central Greece, 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 €120,000 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
€120,000 £98,868 £104,171 £5,303
Property Price € €120,000
Minimum cost in the last six months £98,868
Maximum cost in the last six months £104,171
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,303

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 £5,303 more.

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