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This impressive 247 sqm villa and maisonette complex rests on an 821 sqm plot, enjoying breathtaking views of the Ionian Sea and mainland Greece from a location offering both privacy and convenience
Kato Gerakari, Ionian Islands, Greece
REF: 754724
€600,000
Description
This impressive 247 sqm villa and maisonette complex rests on an 821 sqm plot, enjoying breathtaking views of the Ionian Sea and mainland Greece from a location offering both privacy and convenience. The complex comprises a villa and an independent maisonette with garage and storage facilities. Villa Two floors, 171 sqm Four bedrooms Two bathrooms Maisonette Two floors, 76 sqm One bedroom One bathroom The 821 sqm plot the complex is developed on offers unparalleled views of the Ionian Sea and is located on the main road c0nnecting the town of Zakynthos, the capital of the island, with Alikanas and the popular beach of Alykes. Common features Garage: 40 sqm Storage facility: 15 sqm Alarm system Furnished (save for beds in the bedrooms of the villa) Double-glazed windows (with shutters and fly screens on the first floor) Heating/Cooling: Heat pump, central heating, and AC units Rental potential This property has a strong rental potential as it is located in a popular destination on the Ionian Sea. It is also versatile in the sense that the villa can be rented independently of the maisonette, and both the villa and the maisonette offer ample spaces to accommodate large families or groups of friends. Distances Kato Gerakari Village: 900 m Psarou Beach: 4.5 km Alykes Beach: 5.6 km Zakynthos City Center (& Port): 10.5 km International Airport of Zakynthos: 13.5 km Navagio (Shipwreck) Beach: 25 km
This impressive 247 sqm villa and maisonette complex rests on an 821 sqm plot, enjoying breathtaking views of the Ionian Sea and mainland Greece from a location offering both privacy and convenience. The complex comprises a villa and an independent maisonette with garage and storage facilities. Villa Two floors, 171 sqm Four bedrooms Two bathrooms Maisonette Two floors, 76 sqm One bedroom One bathroom The 821 sqm plot the complex is developed on offers unparalleled views of the Ionian Sea and is located on the main road c0nnecting the town of Zakynthos, the capital of the island, with Alikanas and the popular beach of Alykes. Common features Garage: 40 sqm Storage facility: 15 sqm Alarm system Furnished (save for beds in the bedrooms of the villa) Double-glazed windows (with shutters and fly screens on the first floor) Heating/Cooling: Heat pump, central heating, and AC units Rental potential This property has a strong rental potential as it is located in a popular destination on the Ionian Sea. It is also versatile in the sense that the villa can be rented independently of the maisonette, and both the villa and the maisonette offer ample spaces to accommodate large families or groups of friends. Distances Kato Gerakari Village: 900 m Psarou Beach: 4.5 km Alykes Beach: 5.6 km Zakynthos City Center (& Port): 10.5 km International Airport of Zakynthos: 13.5 km Navagio (Shipwreck) Beach: 25 km
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Currency Exchange
Kato Gerakari, Ionian 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 €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 |
|---|---|---|---|
| €600,000 | £494,340 | £515,670 | £21,330 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £494,340 |
| Maximum cost in the last six months | £515,670 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,330 |
Kato Gerakari, Ionian 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 €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 |
|---|---|---|---|
| €600,000 | £494,340 | £515,670 | £21,330 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £494,340 |
| Maximum cost in the last six months | £515,670 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,330 |
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 £21,330 more.
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