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A unique opportunity to acquire a complex comprising of three two-floor maisonettes and a three-floor house, located in the most popular "leg" of the peninsula of Chalkidiki
Kriopigi, Northern Greece, Greece
REF: 699475
€295,000
Description
A unique opportunity to acquire a complex comprising of three two-floor maisonettes and a three-floor house, located in the most popular "leg" of the peninsula of Chalkidiki. Developed on an approximately 4000 sqm land parcel, the complex includes: A three-floor, 147 sqm house which is finished and habitable. Three two-floor maisonettes, 66 sqm each, unfinished. The main and finished house offers a spacious living room, two bedrooms and two bathrooms. It is heated by 5 kWh wood stove made by Hark. Location Set in a location offering privacy yet really close to the village of Kriopigi and its marvellous beach, this complex is developed on a flat plot amidst green surroundings. It enjoys views of Toroneos Gulf, Sithonia, and Mt. Holomontas. The town of Kallithea, with its many shops, bars, restaurants and night-clubs, which is the heart of the first leg all day and all through the night, is just a ten-minute drive away, while the International Airport of Thessaloniki is less than an hour drive. The complex is thus ideal for exploring the pristine beaches of Chalkidiki and even for day trips to the bustling city of Thessaloniki. Rental possibilities Kassandra, the first leg of the peninsula of Chalkidiki, is one of the most popular destinations in Northern Greece and attracts visitors from all over the world. When finished, the complex will have a very strong rental potential as it offers four independent units.
A unique opportunity to acquire a complex comprising of three two-floor maisonettes and a three-floor house, located in the most popular "leg" of the peninsula of Chalkidiki. Developed on an approximately 4000 sqm land parcel, the complex includes: A three-floor, 147 sqm house which is finished and habitable. Three two-floor maisonettes, 66 sqm each, unfinished. The main and finished house offers a spacious living room, two bedrooms and two bathrooms. It is heated by 5 kWh wood stove made by Hark. Location Set in a location offering privacy yet really close to the village of Kriopigi and its marvellous beach, this complex is developed on a flat plot amidst green surroundings. It enjoys views of Toroneos Gulf, Sithonia, and Mt. Holomontas. The town of Kallithea, with its many shops, bars, restaurants and night-clubs, which is the heart of the first leg all day and all through the night, is just a ten-minute drive away, while the International Airport of Thessaloniki is less than an hour drive. The complex is thus ideal for exploring the pristine beaches of Chalkidiki and even for day trips to the bustling city of Thessaloniki. Rental possibilities Kassandra, the first leg of the peninsula of Chalkidiki, is one of the most popular destinations in Northern Greece and attracts visitors from all over the world. When finished, the complex will have a very strong rental potential as it offers four independent units.
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Currency Exchange
Kriopigi, Northern Greece, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £243,051 | £253,538 | £10,487 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £243,051 |
| Maximum cost in the last six months | £253,538 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,487 |
Kriopigi, Northern Greece, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £243,051 | £253,538 | £10,487 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £243,051 |
| Maximum cost in the last six months | £253,538 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,487 |
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 £10,487 more.
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