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Small 2-level house very close to the port of Chania
Chania Centre, Chania, Greece
REF: 338459
€250,000
Description
This hidden property for sale in the alleys of Chania Old Town has a total size of 66 sqms and is in a very prime location just a few steps away from the Venetian Port. You can have access to the house from a picturesque little alley. On the ground level you will find a little kitchenette and the living room area in an open plan and a bathroom. There is an indoor staircase that leads to the second level where the bedroom is with a balcony. An outdoor staircase can lead you to the lovely terrace. This cosy house for sale is in of need renovation and can be easily converted into a beautiful rental property also because of its prime location. Nearby, there a lot of amenities and attractions, restaurants, bars and minimarkets within a few steps. Another advantage of this property is that although it is located in the heart of the city, this particular neighbourhood is really quiet.
This hidden property for sale in the alleys of Chania Old Town has a total size of 66 sqms and is in a very prime location just a few steps away from the Venetian Port. You can have access to the house from a picturesque little alley. On the ground level you will find a little kitchenette and the living room area in an open plan and a bathroom. There is an indoor staircase that leads to the second level where the bedroom is with a balcony. An outdoor staircase can lead you to the lovely terrace. This cosy house for sale is in of need renovation and can be easily converted into a beautiful rental property also because of its prime location. Nearby, there a lot of amenities and attractions, restaurants, bars and minimarkets within a few steps. Another advantage of this property is that although it is located in the heart of the city, this particular neighbourhood is really quiet.
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Currency Exchange
Chania Centre, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £205,975 | £214,863 | £8,888 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £205,975 |
| Maximum cost in the last six months | £214,863 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,888 |
Chania Centre, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £205,975 | £214,863 | £8,888 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £205,975 |
| Maximum cost in the last six months | £214,863 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,888 |
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 £8,888 more.
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