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Beautifully Renovated Traditional House in the Mountains
Gerakari, Rethymnon, Greece
REF: 650908
€170,000
Description
This unique house for sale in Gerakari, Rethymno, is an ideal place for those who seek to find the true natural beauty of Crete. The house is developed on two floors and consists of two independent apartments of 130 and 100 sqms on the ground and first floor respectively. There are in total 4 bedrooms, 2 on the ground and 2 more on the first floor, with 1 bathroom on each floor. Entering the property through the main iron door you will find yourself in the front yard, where the front door of the first apartment is situated. On the ground floor, we have a fully equipped kitchen with a wood burning stove, connected with the dining area through a small hallway. A few steps next to the dining area, a cozy living room serves as the main lounge area to chat and chill with your friends and family. The house is bright and airy and offers a very comfortable stay even for a large family due to its many bedrooms. We also have 2 nice size bedrooms and a bathroom that features a walk-in shower, that conclude the living areas on this floor. Taking the outer stairs form the yard to the top floor, the first thing you see is a very large living room area with a nice fireplace. This floor features a seperate dining area next to the kitchen as well. It shares similar features to the ground floor, with two good size bedrooms with wardrobes and double beds, accompanied with a fully equipped bathroom with bathtub. From here, you also get the benefit of direct access to the large roof terrace that can also be an ideal place to be used as a roof garden where you will enjoy the views to the mountains. An extra storage space is built and can prove to be very useful as well The apartment has been recently renovated up to a modern standard by its current owners and despite the fact that it is ideal for accommodating a family to live there all year round, it also offers rental opportunities as the picturesque nearby villages and locations can attract a lot of visitors. The property offers a traditional Cretan lifestyle while it is only 35 km from the city of Rethymno, with a lot of taverns, cafes and all kind of amenities situated nearby the property. From this location you can also arrange pretty exciting trips to famous destinations such as Preveli and Plakias beaches.
This unique house for sale in Gerakari, Rethymno, is an ideal place for those who seek to find the true natural beauty of Crete. The house is developed on two floors and consists of two independent apartments of 130 and 100 sqms on the ground and first floor respectively. There are in total 4 bedrooms, 2 on the ground and 2 more on the first floor, with 1 bathroom on each floor. Entering the property through the main iron door you will find yourself in the front yard, where the front door of the first apartment is situated. On the ground floor, we have a fully equipped kitchen with a wood burning stove, connected with the dining area through a small hallway. A few steps next to the dining area, a cozy living room serves as the main lounge area to chat and chill with your friends and family. The house is bright and airy and offers a very comfortable stay even for a large family due to its many bedrooms. We also have 2 nice size bedrooms and a bathroom that features a walk-in shower, that conclude the living areas on this floor. Taking the outer stairs form the yard to the top floor, the first thing you see is a very large living room area with a nice fireplace. This floor features a seperate dining area next to the kitchen as well. It shares similar features to the ground floor, with two good size bedrooms with wardrobes and double beds, accompanied with a fully equipped bathroom with bathtub. From here, you also get the benefit of direct access to the large roof terrace that can also be an ideal place to be used as a roof garden where you will enjoy the views to the mountains. An extra storage space is built and can prove to be very useful as well The apartment has been recently renovated up to a modern standard by its current owners and despite the fact that it is ideal for accommodating a family to live there all year round, it also offers rental opportunities as the picturesque nearby villages and locations can attract a lot of visitors. The property offers a traditional Cretan lifestyle while it is only 35 km from the city of Rethymno, with a lot of taverns, cafes and all kind of amenities situated nearby the property. From this location you can also arrange pretty exciting trips to famous destinations such as Preveli and Plakias beaches.
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Currency Exchange
Gerakari, Rethymnon, 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 €170,000 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 |
|---|---|---|---|
| €170,000 | £141,564 | £146,635 | £5,071 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £141,564 |
| Maximum cost in the last six months | £146,635 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,071 |
Gerakari, Rethymnon, 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 €170,000 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 |
|---|---|---|---|
| €170,000 | £141,564 | £146,635 | £5,071 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £141,564 |
| Maximum cost in the last six months | £146,635 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,071 |
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 £5,071 more.
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