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A traditional stone-built home located in Lyttos village, overlooking the stunning Lasithi plateau
Lyttos, Crete, Greece
REF: 646488
€285,000
Description
A traditional stone-built home located in Lyttos village, overlooking the stunning Lasithi plateau. The entire property consists of two floors, actually two autonomous apartments with separate entrances, with a private balcony and a roof terrace with a jacuzzi. The main living area stretches to 179 sqm, while there is a basement of 84 sqm. The living spaces feature stone walls, wooden stairs and ceilings. Made to be enjoyed with family and friends all year round, the Minoan Valley Home offers a total of four bedrooms and three bathrooms, spread over the two floors. Both homes are fully furnished with traditional furniture and a fully equipped kitchen. Each unit has a seating area with a flat-screen satellite TV and DVD player. Other benefits include A/C and a wood stove for cooling/heating, glazing with shutters and mosquito nets, a solar water heater, free public internet connection and parking. As a key feature, the apartments may be used as separate rental businesses and generate income. Location Lyttos is a traditional village in the Heraklion region that is ideal for nature walks. Taverns and minimarkets are nearby, and Kastelli village is 3.5 kilometres away. The new airport in Kastelli region is expected to be completed by 2025. The port of Heraklion is 20 km away, and Nikos Kazantzakis International Airport is 38 km away.
A traditional stone-built home located in Lyttos village, overlooking the stunning Lasithi plateau. The entire property consists of two floors, actually two autonomous apartments with separate entrances, with a private balcony and a roof terrace with a jacuzzi. The main living area stretches to 179 sqm, while there is a basement of 84 sqm. The living spaces feature stone walls, wooden stairs and ceilings. Made to be enjoyed with family and friends all year round, the Minoan Valley Home offers a total of four bedrooms and three bathrooms, spread over the two floors. Both homes are fully furnished with traditional furniture and a fully equipped kitchen. Each unit has a seating area with a flat-screen satellite TV and DVD player. Other benefits include A/C and a wood stove for cooling/heating, glazing with shutters and mosquito nets, a solar water heater, free public internet connection and parking. As a key feature, the apartments may be used as separate rental businesses and generate income. Location Lyttos is a traditional village in the Heraklion region that is ideal for nature walks. Taverns and minimarkets are nearby, and Kastelli village is 3.5 kilometres away. The new airport in Kastelli region is expected to be completed by 2025. The port of Heraklion is 20 km away, and Nikos Kazantzakis International Airport is 38 km away.
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Currency Exchange
Lyttos, 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 €285,000 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 |
|---|---|---|---|
| €285,000 | £237,086 | £245,277 | £8,191 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £237,086 |
| Maximum cost in the last six months | £245,277 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,191 |
Lyttos, 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 €285,000 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 |
|---|---|---|---|
| €285,000 | £237,086 | £245,277 | £8,191 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £237,086 |
| Maximum cost in the last six months | £245,277 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,191 |
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 £8,191 more.
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