Petalona For sale 322sqm Building, on a 250sqm plot, built in 1977, fully renovated, luxurious, airy, on 4 levels, fully furnished, configured as a boutique hotel, combining traditional and modern decoration, in a quiet street

Petralona, ATHENS CENTER, Greece

For Sale

€850,000

REF: 727171 €850,000


250 m2

Description

Petalona For sale 322sqm Building, on a 250sqm plot, built in 1977, fully renovated, luxurious, airy, on 4 levels, fully furnished, configured as a boutique hotel, combining traditional and modern decoration, in a quiet street. It consists of 5 luxurious apartments of excellent aesthetics, beautiful courtyard and large roof terrace.

In the basement there is an office-storage room 15 sqm, communal kitchen-laundry 10 sqm and a common yard 80 sqm. On the ground floor, two apartments with separate entrance: 1) 65 sqm, two rooms, sofa bed (for 6 persons), open plan lounge-kitchen, bathroom, spacious front balcony, and access to the shared main courtyard.

2) 40 sqm, 1 room and balcony-room for children, (2 adults-2 children), open plan kitchen-living room, bathroom, patio 18 sqm. On the first floor: 1) apartment 69 sqm, 1 room and sofa bed (for 4 persons), large living room with kitchen, bathroom, 2 small front balconies. 2) apartment 57 sqm, 1 room and sofa bed (for 4 persons), separate living room, kitchen-dining room, bathroom, small balcony.

On the 2nd floor 1) 29 sqm studio (2 persons), kitchen, bathroom, 2) 106 sqm roof terrace, 2 pergolas (15 and 11 sqm). New electric-hydraulics, autonomous gas heating, air-conditioning, ceiling fans, security doors (except 1st apartment), double glazing aluminum windows, refurbished wooden shutters, refurbished and new floors (new tile-wood), new tile-wood quality furniture. Distance from Metro 150m. Price (850000E)
Petalona For sale 322sqm Building, on a 250sqm plot, built in 1977, fully renovated, luxurious, airy, on 4 levels, fully furnished, configured as a boutique hotel, combining traditional and modern decoration, in a quiet street. It consists of 5 luxurious apartments of excellent aesthetics, beautiful courtyard and large roof terrace.

In the basement there is an office-storage room 15 sqm, communal kitchen-laundry 10 sqm and a common yard 80 sqm. On the ground floor, two apartments with separate entrance: 1) 65 sqm, two rooms, sofa bed (for 6 persons), open plan lounge-kitchen, bathroom, spacious front balcony, and access to the shared main courtyard.

2) 40 sqm, 1 room and balcony-room for children, (2 adults-2 children), open plan kitchen-living room, bathroom, patio 18 sqm. On the first floor: 1) apartment 69 sqm, 1 room and sofa bed (for 4 persons), large living room with kitchen, bathroom, 2 small front balconies. 2) apartment 57 sqm, 1 room and sofa bed (for 4 persons), separate living room, kitchen-dining room, bathroom, small balcony.

On the 2nd floor 1) 29 sqm studio (2 persons), kitchen, bathroom, 2) 106 sqm roof terrace, 2 pergolas (15 and 11 sqm). New electric-hydraulics, autonomous gas heating, air-conditioning, ceiling fans, security doors (except 1st apartment), double glazing aluminum windows, refurbished wooden shutters, refurbished and new floors (new tile-wood), new tile-wood quality furniture. Distance from Metro 150m. Price (850000E)
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#202829

Currency Exchange

Petralona, ATHENS CENTER, 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 €850,000 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
€850,000 £704,064 £730,533 £26,469
Property Price € €850,000
Minimum cost in the last six months £704,064
Maximum cost in the last six months £730,533
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,469

Petralona, ATHENS CENTER, 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 €850,000 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
€850,000 £704,064 £730,533 £26,469
Property Price € €850,000
Minimum cost in the last six months £704,064
Maximum cost in the last six months £730,533
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,469

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 £26,469 more.

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