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This exceptional Stone mill villa of 200 sqm is a residence built by the sea in a fenced plot of 350 sqm
Lakkos, Peloponnese, Greece
REF: 646520
€490,000
Description
This exceptional Stone mill villa of 200 sqm is a residence built by the sea in a fenced plot of 350 sqm. Located in a quiet and safe area, this old stone mill has been converted into a comfortable residence with direct access to the beach in the Leonidio waterfront settlement. On the ground floor, the Stone Mill Villa has a kitchen, a living room, and a dining room, as well as an exit to a landscaped terrace and the beach. The other two levels (1st and 2nd floor) each have one bedroom and one bathroom, with the exception of the last level (2nd floor), which also has a balcony around the perimeter. On the first level (semi-basement), there is a single room that can be used as a bedroom or a bathroom. There is also a wooden pergola and plenty of space to enjoy the stunning sea view from the beautiful terrace while steps lead down to the magnificent Lakkos pebble beach. Location Lakkos and its beach lie on the eastern coast of the Peloponnese, on the outskirts of the picturesque town of Leonidio. At the edge of Lakkos beach, there is a small natural pond with sweet, ice-cold water that pours out of the mountain Spanga and flows into the sea. The traditional town of Leonidio, with a population of 4.000 people, and lake Pelia are located in the fertile valley of the Dafnonas river. The manors built with Tsakonian architecture, with high whitewashed stone walls and paved or pebble yards, are distinctive of the area.
This exceptional Stone mill villa of 200 sqm is a residence built by the sea in a fenced plot of 350 sqm. Located in a quiet and safe area, this old stone mill has been converted into a comfortable residence with direct access to the beach in the Leonidio waterfront settlement. On the ground floor, the Stone Mill Villa has a kitchen, a living room, and a dining room, as well as an exit to a landscaped terrace and the beach. The other two levels (1st and 2nd floor) each have one bedroom and one bathroom, with the exception of the last level (2nd floor), which also has a balcony around the perimeter. On the first level (semi-basement), there is a single room that can be used as a bedroom or a bathroom. There is also a wooden pergola and plenty of space to enjoy the stunning sea view from the beautiful terrace while steps lead down to the magnificent Lakkos pebble beach. Location Lakkos and its beach lie on the eastern coast of the Peloponnese, on the outskirts of the picturesque town of Leonidio. At the edge of Lakkos beach, there is a small natural pond with sweet, ice-cold water that pours out of the mountain Spanga and flows into the sea. The traditional town of Leonidio, with a population of 4.000 people, and lake Pelia are located in the fertile valley of the Dafnonas river. The manors built with Tsakonian architecture, with high whitewashed stone walls and paved or pebble yards, are distinctive of the area.
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Currency Exchange
Lakkos, Peloponnese, 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 €490,000 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 |
|---|---|---|---|
| €490,000 | £405,872 | £421,131 | £15,259 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £405,872 |
| Maximum cost in the last six months | £421,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,259 |
Lakkos, Peloponnese, 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 €490,000 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 |
|---|---|---|---|
| €490,000 | £405,872 | £421,131 | £15,259 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £405,872 |
| Maximum cost in the last six months | £421,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,259 |
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 £15,259 more.
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