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A 1,200 sqm four-storey villa is up for sale, with a large wine cellar located beneath the building
Avlida, Evoia Perfecture, Greece
REF: 725618
€1,200,000
Description
A 1,200 sqm four-storey villa is up for sale, with a large wine cellar located beneath the building. The plot of 11,380 sqm is adjacent to the beach. It has a garage that is connected via elevator to all floors of the building, which can provide space for up to four cars. There are also two indoor gardens, one in the center of the building and the other on the fourth floor, a basement with a fireplace, a gym, and an indoor swimming pool. There is also a swimming pool in front of the building to the sea side, which has a seawater capacity of 450 cubic meters and is heated with geothermal energy with the help of a heat exchanger that uses water from two seawater wells located next to the beach. The villa has also a huge, two-level living room, seven meters high from the floor of both levels to the ceiling, with a fireplace and a view to the beach. The second floor can be reached by lift or with the central staircase. There are three bedrooms, two of which have a large balcony ove
A 1,200 sqm four-storey villa is up for sale, with a large wine cellar located beneath the building. The plot of 11,380 sqm is adjacent to the beach. It has a garage that is connected via elevator to all floors of the building, which can provide space for up to four cars. There are also two indoor gardens, one in the center of the building and the other on the fourth floor, a basement with a fireplace, a gym, and an indoor swimming pool. There is also a swimming pool in front of the building to the sea side, which has a seawater capacity of 450 cubic meters and is heated with geothermal energy with the help of a heat exchanger that uses water from two seawater wells located next to the beach. The villa has also a huge, two-level living room, seven meters high from the floor of both levels to the ceiling, with a fireplace and a view to the beach. The second floor can be reached by lift or with the central staircase. There are three bedrooms, two of which have a large balcony ove
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Currency Exchange
Avlida, Evoia Perfecture, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £998,256 | £1,032,744 | £34,488 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £998,256 |
| Maximum cost in the last six months | £1,032,744 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,488 |
Avlida, Evoia Perfecture, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £998,256 | £1,032,744 | £34,488 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £998,256 |
| Maximum cost in the last six months | £1,032,744 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,488 |
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 £34,488 more.
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