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Developed on a 1046 sqm plot, this stately 360 sqm villa is bathed in the sun and enjoys unobstructed views of the Aegean Sea
Syros, Aegean Islands, Greece
REF: 723944
€740,000
Description
Developed on a 1046 sqm plot, this stately 360 sqm villa is bathed in the sun and enjoys unobstructed views of the Aegean Sea. This spacious villa is located in Azolimnos, a 10-minute drive from Ermoupolis, the capital of Syros, which, in turn, is the capital of the Cyclades island complex. The villa expands over three levels, the topmost being under construction. The villa offers two spacious living rooms, one with a fireplace, and a kitchen, while there is also a capacious playroom/office. There are a total of four bedrooms, two bathrooms and one WC, while a further two bedrooms and a third bathroom can be developed on its topmost level. There are two indoor parking spaces with two indoor storage rooms, offering a total of 60 sqm of storage space, and a further two open-air parking spaces. The villa has been built with the highest standards and was used as a family home. Windows are double-glazed, and there is central heating, solar panels for hot water and A/C units. The large balcony offers a grandiose view of the Aegean Sea and the villa's landscaped garden. Location Azolimnos is a small settlement south of Ermoupolis, the capital of Syros. It is a tranquil spot on this very cosmopolitan island, where life and activities are not confined to the summer season. The property is just 3 minutes from the beach on foot, and there are several places to eat or enjoy a coffee nearby. The beach of Azolimnos has been awarded a blue flag, while part of it is organized, and there are also several diving schools for the more adventurous. Syros can be reached by ferry from Piraeus, with daily services throughout the year. The journey will take from 2 hr to 3 hr 45 min, depending on the type of vessel and weather conditions. It can also be reached by plane from Athens International Airport and the flight lasts for 35 mins. Once in Syros there are ferry connections to all other Cyclades islands, Mykonos, for example, is 25-45 mins away (depending on vessel type and weather conditions), Paros is 1 hr 5 mins, while Santorini is 2 hr 35 mins away. Rental potential Located in a tranquil spot on this cosmopolitan island, the villa has strong rental potential throughout the year. Distances Azolimnos Beach; 600 m Dimitrios Vikelas Airport: 3 km Galissas Beach: 12 km Delfini Beach: 15 km Apollo Theatre (in Ermoupolis): 8.2 km City Hall of Ermoupolis: 8.1 km Archaeological Museum of Ermoupolis: 8.3 km
Developed on a 1046 sqm plot, this stately 360 sqm villa is bathed in the sun and enjoys unobstructed views of the Aegean Sea. This spacious villa is located in Azolimnos, a 10-minute drive from Ermoupolis, the capital of Syros, which, in turn, is the capital of the Cyclades island complex. The villa expands over three levels, the topmost being under construction. The villa offers two spacious living rooms, one with a fireplace, and a kitchen, while there is also a capacious playroom/office. There are a total of four bedrooms, two bathrooms and one WC, while a further two bedrooms and a third bathroom can be developed on its topmost level. There are two indoor parking spaces with two indoor storage rooms, offering a total of 60 sqm of storage space, and a further two open-air parking spaces. The villa has been built with the highest standards and was used as a family home. Windows are double-glazed, and there is central heating, solar panels for hot water and A/C units. The large balcony offers a grandiose view of the Aegean Sea and the villa's landscaped garden. Location Azolimnos is a small settlement south of Ermoupolis, the capital of Syros. It is a tranquil spot on this very cosmopolitan island, where life and activities are not confined to the summer season. The property is just 3 minutes from the beach on foot, and there are several places to eat or enjoy a coffee nearby. The beach of Azolimnos has been awarded a blue flag, while part of it is organized, and there are also several diving schools for the more adventurous. Syros can be reached by ferry from Piraeus, with daily services throughout the year. The journey will take from 2 hr to 3 hr 45 min, depending on the type of vessel and weather conditions. It can also be reached by plane from Athens International Airport and the flight lasts for 35 mins. Once in Syros there are ferry connections to all other Cyclades islands, Mykonos, for example, is 25-45 mins away (depending on vessel type and weather conditions), Paros is 1 hr 5 mins, while Santorini is 2 hr 35 mins away. Rental potential Located in a tranquil spot on this cosmopolitan island, the villa has strong rental potential throughout the year. Distances Azolimnos Beach; 600 m Dimitrios Vikelas Airport: 3 km Galissas Beach: 12 km Delfini Beach: 15 km Apollo Theatre (in Ermoupolis): 8.2 km City Hall of Ermoupolis: 8.1 km Archaeological Museum of Ermoupolis: 8.3 km
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Currency Exchange
Syros, Aegean Islands, 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 €740,000 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 |
|---|---|---|---|
| €740,000 | £615,458 | £638,294 | £22,836 |
| Property Price € | €740,000 |
| Minimum cost in the last six months | £615,458 |
| Maximum cost in the last six months | £638,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,836 |
Syros, Aegean Islands, 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 €740,000 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 |
|---|---|---|---|
| €740,000 | £615,458 | £638,294 | £22,836 |
| Property Price € | €740,000 |
| Minimum cost in the last six months | £615,458 |
| Maximum cost in the last six months | £638,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,836 |
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 £22,836 more.
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