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Open Sea Views from Rethymnon
Gerani, Rethymnon, Greece
REF: 307313
€220,000
Description
This is a sloping plot of land for sale in Rethymnon Crete located 800 mtrs away from the village of Gerani. It has the size of 4426sqms with a building density of 200sqms+. It offers amazing sea and sunset views, which can never be lost due to its gradient position. There is also a small cove with crystal clear waters just a few meters away from the plot. The area is full of such small coves and sandy beaches making it ideal for a permanent as well as for a summer place of residency. The electricity and water supplies are nearby for easy connection. Gerani is a small traditional village with tavernas , cafes, mini-market and due to its proximity to Rethymnon, just 5 kms away, it has become a popular residential suburb.
This is a sloping plot of land for sale in Rethymnon Crete located 800 mtrs away from the village of Gerani. It has the size of 4426sqms with a building density of 200sqms+. It offers amazing sea and sunset views, which can never be lost due to its gradient position. There is also a small cove with crystal clear waters just a few meters away from the plot. The area is full of such small coves and sandy beaches making it ideal for a permanent as well as for a summer place of residency. The electricity and water supplies are nearby for easy connection. Gerani is a small traditional village with tavernas , cafes, mini-market and due to its proximity to Rethymnon, just 5 kms away, it has become a popular residential suburb.
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Currency Exchange
Gerani, Rethymnon, 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 €220,000 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 |
|---|---|---|---|
| €220,000 | £182,228 | £189,079 | £6,851 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £182,228 |
| Maximum cost in the last six months | £189,079 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,851 |
Gerani, Rethymnon, 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 €220,000 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 |
|---|---|---|---|
| €220,000 | £182,228 | £189,079 | £6,851 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £182,228 |
| Maximum cost in the last six months | £189,079 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,851 |
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 £6,851 more.
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