PROPERTY RESERVED: Unfortunately, someone else already reserved this property

Rethymno (regional unit), Crete, Greece

For Sale

€395,000

REF: 646452 €395,000


4

2

2132 m2

Description

PROPERTY RESERVED: Unfortunately, someone else already reserved this property. If you are interested in similar properties, get in touch with us and our dedicated team will be delighted to assist you in your search and help you discover your dream home in Greece. This exceptional family home benefits from its prime position in the village of Loutra, just 3 km from the Bay of Rethymno and 9 km south-east of Rethymnon town.

It has been imaginatively designed for a secluded relaxation and enjoyment experience. Both the location and the home itself are worthy of consideration for those who are looking to find a forever family home or a worthwhile holiday rental investment. The home is set on a large plot of 2.130 sqm of land which is fully landscaped with beautiful trees and bougainvillaea plants as well as lawn and paths offering an abundant environment.

Consisting of 183 sqm of living area, the home is entered via a private entrance and a paved road which leads to the elevated ground floor. The property is laid out over two floors (122 sqm +61 sqm), with the centrepiece being the main living space which is open plan in design a spacious living room with a seating and dining area.

Interiors are light, bright and airy, with adequate ceilings and wood features throughout. There are large balcony doors that lead out to the covered external area, and from the first floor terrace you can get wonderful views of the Aegean Sea and the Cretan country side. There is a large fully equipped wooden kitchen that has space for informal breakfast dining.

There is a total of 4 bedrooms, accompanied by 2 fully equipped bathrooms with bath tubes. Other property features include ample parking space, a central heating system and A/C units for cooling through the property, double glazing, electric and solar water heating, a safety alarm system, internet reception, an efficient sewage system (septic tank), and high quality drinking water.

Take note - this property got renovated in 2019, is sold furnished and, as a bonus, it has a generous basement of 122 sqm that can be transformed into an additional living area. Furthermore, the plot comes with extra building capacity providing sufficient space to fit an extra guesthouse and a pool.

Location Loutra is situated in the midst of olive groves, and is characterised by its narrow cobbled streets and bougainvillea plants. This wonderful, picturesque village is a perfect holiday destination and an ideal place to live in all year round. All the comforts are offered as many markets and traditional restaurants are close to the area.

Access to the village is easy by car. Regional itineraries of public transportation are scheduled during winter too. Key distances: Beach of Adelianos Kampos - 5 km Rethymno Town Centre - 9 km Chania Airport - 70 km Heraklion Airport - 80 km
PROPERTY RESERVED: Unfortunately, someone else already reserved this property. If you are interested in similar properties, get in touch with us and our dedicated team will be delighted to assist you in your search and help you discover your dream home in Greece. This exceptional family home benefits from its prime position in the village of Loutra, just 3 km from the Bay of Rethymno and 9 km south-east of Rethymnon town.

It has been imaginatively designed for a secluded relaxation and enjoyment experience. Both the location and the home itself are worthy of consideration for those who are looking to find a forever family home or a worthwhile holiday rental investment. The home is set on a large plot of 2.130 sqm of land which is fully landscaped with beautiful trees and bougainvillaea plants as well as lawn and paths offering an abundant environment.

Consisting of 183 sqm of living area, the home is entered via a private entrance and a paved road which leads to the elevated ground floor. The property is laid out over two floors (122 sqm +61 sqm), with the centrepiece being the main living space which is open plan in design a spacious living room with a seating and dining area.

Interiors are light, bright and airy, with adequate ceilings and wood features throughout. There are large balcony doors that lead out to the covered external area, and from the first floor terrace you can get wonderful views of the Aegean Sea and the Cretan country side. There is a large fully equipped wooden kitchen that has space for informal breakfast dining.

There is a total of 4 bedrooms, accompanied by 2 fully equipped bathrooms with bath tubes. Other property features include ample parking space, a central heating system and A/C units for cooling through the property, double glazing, electric and solar water heating, a safety alarm system, internet reception, an efficient sewage system (septic tank), and high quality drinking water.

Take note - this property got renovated in 2019, is sold furnished and, as a bonus, it has a generous basement of 122 sqm that can be transformed into an additional living area. Furthermore, the plot comes with extra building capacity providing sufficient space to fit an extra guesthouse and a pool.

Location Loutra is situated in the midst of olive groves, and is characterised by its narrow cobbled streets and bougainvillea plants. This wonderful, picturesque village is a perfect holiday destination and an ideal place to live in all year round. All the comforts are offered as many markets and traditional restaurants are close to the area.

Access to the village is easy by car. Regional itineraries of public transportation are scheduled during winter too. Key distances: Beach of Adelianos Kampos - 5 km Rethymno Town Centre - 9 km Chania Airport - 70 km Heraklion Airport - 80 km
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Property on Map

#126711

Currency Exchange

Rethymno (regional unit), Crete, 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 €395,000 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
€395,000 £331,531 £340,711 £9,180
Property Price € €395,000
Minimum cost in the last six months £331,531
Maximum cost in the last six months £340,711
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,180

Rethymno (regional unit), Crete, 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 €395,000 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
€395,000 £331,531 £340,711 £9,180
Property Price € €395,000
Minimum cost in the last six months £331,531
Maximum cost in the last six months £340,711
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,180

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 £9,180 more.

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