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Here's a beautiful traditionally built home, with a breathtaking sea view and plenty of outdoor areas to get the full summer experience! The home Divided into three levels, the total amount of living space of the property is 166 sqm
Patrika, Aegean Islands, Greece
REF: 646376
€320,000
Description
Here's a beautiful traditionally built home, with a breathtaking sea view and plenty of outdoor areas to get the full summer experience! The home Divided into three levels, the total amount of living space of the property is 166 sqm. The ground floor measures 67 sqm and features the living and dining area, the kitchen, a guest WC, and a storage room. The first floor, slightly more spacious than the ground floor, is 82 sqm and has a second living room with a fireplace and access to a veranda, a study room, a bathroom, and a bedroom. The top floor is a 17 sqm second bedroom. Arches and vaulted ceilings, characteristics of the architecture of the medieval settlements, are distinguished throughout this beautiful home. The floors are made of tile or wood, while the frames are wooden with double glazing and mosquito screens. The house has autonomous heating (radiators) with electricity and air conditioning in the bedrooms. It was fully renovated in 2008 with top-quality material and much attention to detail. Outdoors You can choose from many pergola-shaded areas to enjoy a quiet moment of rest while looking at the surrounding nature and the sea. The house stands on a plot of 82 sqm, and it is for sale together with an independent, neighboring plot of 222 sqm, currently a garden, where more buildable square meters are available. Location This home is part of the famous Mastic villages on Chios; a series of fortified villages built in the 14th century. Some are very impressive with their intricately painted houses. This so-called 'Mastichochoria' is an area well known for the production of mastic; the mastic tree's hardened resin, only harvested on Chios. It is a significant part of the local economy, and to protect this throughout history, the villages were built out of sight from the sea and surrounded by high walls. The central tower had no door at street level but was entered by ladders which were used as bridges from the rooftops and then pulled up. It's an impressive sight to see, and mastic is a product widely used in cooking, having also a number of health benefits. Additionally, the tasty liqueur Mastiha and various sweets are produced from the mastic resin, also referred to as "tears of the gods".
Here's a beautiful traditionally built home, with a breathtaking sea view and plenty of outdoor areas to get the full summer experience! The home Divided into three levels, the total amount of living space of the property is 166 sqm. The ground floor measures 67 sqm and features the living and dining area, the kitchen, a guest WC, and a storage room. The first floor, slightly more spacious than the ground floor, is 82 sqm and has a second living room with a fireplace and access to a veranda, a study room, a bathroom, and a bedroom. The top floor is a 17 sqm second bedroom. Arches and vaulted ceilings, characteristics of the architecture of the medieval settlements, are distinguished throughout this beautiful home. The floors are made of tile or wood, while the frames are wooden with double glazing and mosquito screens. The house has autonomous heating (radiators) with electricity and air conditioning in the bedrooms. It was fully renovated in 2008 with top-quality material and much attention to detail. Outdoors You can choose from many pergola-shaded areas to enjoy a quiet moment of rest while looking at the surrounding nature and the sea. The house stands on a plot of 82 sqm, and it is for sale together with an independent, neighboring plot of 222 sqm, currently a garden, where more buildable square meters are available. Location This home is part of the famous Mastic villages on Chios; a series of fortified villages built in the 14th century. Some are very impressive with their intricately painted houses. This so-called 'Mastichochoria' is an area well known for the production of mastic; the mastic tree's hardened resin, only harvested on Chios. It is a significant part of the local economy, and to protect this throughout history, the villages were built out of sight from the sea and surrounded by high walls. The central tower had no door at street level but was entered by ladders which were used as bridges from the rooftops and then pulled up. It's an impressive sight to see, and mastic is a product widely used in cooking, having also a number of health benefits. Additionally, the tasty liqueur Mastiha and various sweets are produced from the mastic resin, also referred to as "tears of the gods".
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Currency Exchange
Patrika, Aegean Islands, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
Patrika, Aegean Islands, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
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 £9,965 more.
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