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Charming stone house in traditional village
Nea Kydonia, Galatas, Chania, Greece
REF: 307123
€190,000
Description
This 157sqms stone house for sale in Chania area is located in the center of the traditional Galathas village, 6 kms away from Chania town and 2 kms from the sandy beach of Kalamaki. The house is in fair condition and has a lot of potential for further improvement. At the ground floor there is a bedroom, living area and kitchen with a small patio. Two bedrooms and a terrace are located at the first floor, which can be accesed both through internal and external stairs. All ceilings are wooden and in good condition. The house is complete with solar panels and an airconditionig unit in the kitchen area.
This 157sqms stone house for sale in Chania area is located in the center of the traditional Galathas village, 6 kms away from Chania town and 2 kms from the sandy beach of Kalamaki. The house is in fair condition and has a lot of potential for further improvement. At the ground floor there is a bedroom, living area and kitchen with a small patio. Two bedrooms and a terrace are located at the first floor, which can be accesed both through internal and external stairs. All ceilings are wooden and in good condition. The house is complete with solar panels and an airconditionig unit in the kitchen area.
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Currency Exchange
Nea Kydonia, Galatas, 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 €190,000 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 |
|---|---|---|---|
| €190,000 | £156,541 | £163,296 | £6,755 |
| Property Price € | €190,000 |
| Minimum cost in the last six months | £156,541 |
| Maximum cost in the last six months | £163,296 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,755 |
Nea Kydonia, Galatas, 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 €190,000 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 |
|---|---|---|---|
| €190,000 | £156,541 | £163,296 | £6,755 |
| Property Price € | €190,000 |
| Minimum cost in the last six months | £156,541 |
| Maximum cost in the last six months | £163,296 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,755 |
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 £6,755 more.
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