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Rare Opportunity for investment Two new villas on the seafront
Kissamos, Kamisiana, Chania, Greece
REF: 306975
€950,000
Description
These two villas for sale in Chania are located next to the sea in the village of Kamisiana, in the area of Kissamos. At the moment, the houses are two unfinished bungalows that are planned to be converted into two luxury, contemporary designer villas with private pools. The plans have just been created and customized by an architect, inspired by the timeless Cretan architecture that has seaview as its highlight. The two villas are an amazing opportunity for investment because of the seaview, their distance from the sea, the level of luxury, as well as the large private plot of 2920 sqms, offering potential for tennis court, playground, gardens, etc. The properties are located just 228 meters from the sea and still, only 300 meters from the centre of the village. One villa is designed to be of 123 sqms and the other one of 220 sqms, both featuring private pools of 30+ sqms, barbeque and garages. The villas will be built based on the highest standards of construction which will include a long list of features regarding floors, heating, kitchens, etc. The listed price refers to the project when finished and for both of the villas. The villas are best to be purchased together, not only when used as an investment, but also as an all year round residence. However, in case of separate purchase, the larger villa is for sale at 570,000 and the other one at 470,000 .
These two villas for sale in Chania are located next to the sea in the village of Kamisiana, in the area of Kissamos. At the moment, the houses are two unfinished bungalows that are planned to be converted into two luxury, contemporary designer villas with private pools. The plans have just been created and customized by an architect, inspired by the timeless Cretan architecture that has seaview as its highlight. The two villas are an amazing opportunity for investment because of the seaview, their distance from the sea, the level of luxury, as well as the large private plot of 2920 sqms, offering potential for tennis court, playground, gardens, etc. The properties are located just 228 meters from the sea and still, only 300 meters from the centre of the village. One villa is designed to be of 123 sqms and the other one of 220 sqms, both featuring private pools of 30+ sqms, barbeque and garages. The villas will be built based on the highest standards of construction which will include a long list of features regarding floors, heating, kitchens, etc. The listed price refers to the project when finished and for both of the villas. The villas are best to be purchased together, not only when used as an investment, but also as an all year round residence. However, in case of separate purchase, the larger villa is for sale at 570,000 and the other one at 470,000 .
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Currency Exchange
Kissamos, Kamisiana, Chania, 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 €950,000 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 |
|---|---|---|---|
| €950,000 | £791,094 | £819,432 | £28,339 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £791,094 |
| Maximum cost in the last six months | £819,432 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,339 |
Kissamos, Kamisiana, Chania, 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 €950,000 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 |
|---|---|---|---|
| €950,000 | £791,094 | £819,432 | £28,339 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £791,094 |
| Maximum cost in the last six months | £819,432 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,339 |
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 £28,339 more.
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