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Gerolimenas for sale Plot 26496 sq
Oitilos, Lakonia Perfecture, Greece
REF: 747529
€1,600,000
Description
Gerolimenas for sale Plot 26496 sq.m. , with a frontage of 38m. , with a view: Sea, even and buildable, Fenced, Investment Area, distance from the Sea 1000m, City Plan: Out of plan. Privileged location (outside the plan) but between 2 settlements (approx. 1,000.00m from the center of each village). The location is distinguished by the ideal distance from the mountainous mass of Mount Saya to the North and the sea to the South. 10-15 minutes of walking on slightly inclined municipal roads to reach and move towards one or the other village. The view and the activities of the mountain and the sea are combined, without giving up on either. Fully fenced with 2 gates, facing north-west on a municipal road and south-east on a rural road. Water and electricity supply, directly from the main road at 200m. ALL the stone (local gray granite) required for any construction is INSIDE the estates. Ideal location for the construction of a Luxury spa hotel (there is no competing accommodation in the area that provides serious services of this type). Attracting yachts from all over the Mediterranean to refuel and stay at the Spa. Privacy, due to location and distance (away from crowds and close to everything necessary for unforgettable holidays and tranquility). About half an hour's drive to the West is the traditional Areopolis and to the East is Cape Tainaro with the picturesque leeward traditional port of refuge Porto Cagio and the enchanting sandy beaches at Marmari. STONE FENCE Price (
Gerolimenas for sale Plot 26496 sq.m. , with a frontage of 38m. , with a view: Sea, even and buildable, Fenced, Investment Area, distance from the Sea 1000m, City Plan: Out of plan. Privileged location (outside the plan) but between 2 settlements (approx. 1,000.00m from the center of each village). The location is distinguished by the ideal distance from the mountainous mass of Mount Saya to the North and the sea to the South. 10-15 minutes of walking on slightly inclined municipal roads to reach and move towards one or the other village. The view and the activities of the mountain and the sea are combined, without giving up on either. Fully fenced with 2 gates, facing north-west on a municipal road and south-east on a rural road. Water and electricity supply, directly from the main road at 200m. ALL the stone (local gray granite) required for any construction is INSIDE the estates. Ideal location for the construction of a Luxury spa hotel (there is no competing accommodation in the area that provides serious services of this type). Attracting yachts from all over the Mediterranean to refuel and stay at the Spa. Privacy, due to location and distance (away from crowds and close to everything necessary for unforgettable holidays and tranquility). About half an hour's drive to the West is the traditional Areopolis and to the East is Cape Tainaro with the picturesque leeward traditional port of refuge Porto Cagio and the enchanting sandy beaches at Marmari. STONE FENCE Price (
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Currency Exchange
Oitilos, Lakonia 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 €1,600,000 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 |
|---|---|---|---|
| €1,600,000 | £1,325,296 | £1,375,120 | £49,824 |
| Property Price € | €1,600,000 |
| Minimum cost in the last six months | £1,325,296 |
| Maximum cost in the last six months | £1,375,120 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,824 |
Oitilos, Lakonia 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 €1,600,000 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 |
|---|---|---|---|
| €1,600,000 | £1,325,296 | £1,375,120 | £49,824 |
| Property Price € | €1,600,000 |
| Minimum cost in the last six months | £1,325,296 |
| Maximum cost in the last six months | £1,375,120 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,824 |
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 £49,824 more.
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