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A generous family home of 290 sqm, located in the peaceful surroundings of Pastida Village, just a quick drive away from both the beach and Rhodes Town
Pastida, Aegean Islands, Greece
REF: 757107
€490,000
Description
A generous family home of 290 sqm, located in the peaceful surroundings of Pastida Village, just a quick drive away from both the beach and Rhodes Town. The property comprises two apartments, one on the ground and one on the first floor, which are independent but can be adjoined should you need a single and larger residence. Built on an elevated plot of approx. 4,000 sqm, this property offers wide-angle views of the surrounding countryside and the sea, as well as ample space for outdoor living. Its layout is as follows: Ground floor apartment Area: 160 sqm Open-plan living/dining room and kitchen, with fireplace Three bedrooms One bathroom and one guest WC Autonomous central heating, fireplace, solar panel for hot water First-floor apartment Area: 130 sqm Open-plan living/dining room and kitchen, with fireplace Two bedrooms One bathroom and one guest WC Autonomous central heating, fireplace, solar panel for hot water Rental potential Located in a prime spot on the cosmopolitan island of Rhodes, the property can be rented as two individual apartments or as a whole and has strong rental potential at a premium price and for an extended season lasting well into October. Location - Distances On the foothills of Mount Filermos and surrounded by olive groves, the village of Pastida is famous for its taverns in its verdurous central square. Located close to the airport as well as to the city of Rhodes, the village is the ideal base for those wishing to explore this cosmopolitan island while living in a serene setting. Kremasti Beach: 7 km Ialysos Beach: 9 km Faliraki Beach: 10 km Rhodes International Airport: 8.5 km Rhodes City Center: 13 km Butterflies Valley: 16 km
A generous family home of 290 sqm, located in the peaceful surroundings of Pastida Village, just a quick drive away from both the beach and Rhodes Town. The property comprises two apartments, one on the ground and one on the first floor, which are independent but can be adjoined should you need a single and larger residence. Built on an elevated plot of approx. 4,000 sqm, this property offers wide-angle views of the surrounding countryside and the sea, as well as ample space for outdoor living. Its layout is as follows: Ground floor apartment Area: 160 sqm Open-plan living/dining room and kitchen, with fireplace Three bedrooms One bathroom and one guest WC Autonomous central heating, fireplace, solar panel for hot water First-floor apartment Area: 130 sqm Open-plan living/dining room and kitchen, with fireplace Two bedrooms One bathroom and one guest WC Autonomous central heating, fireplace, solar panel for hot water Rental potential Located in a prime spot on the cosmopolitan island of Rhodes, the property can be rented as two individual apartments or as a whole and has strong rental potential at a premium price and for an extended season lasting well into October. Location - Distances On the foothills of Mount Filermos and surrounded by olive groves, the village of Pastida is famous for its taverns in its verdurous central square. Located close to the airport as well as to the city of Rhodes, the village is the ideal base for those wishing to explore this cosmopolitan island while living in a serene setting. Kremasti Beach: 7 km Ialysos Beach: 9 km Faliraki Beach: 10 km Rhodes International Airport: 8.5 km Rhodes City Center: 13 km Butterflies Valley: 16 km
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Currency Exchange
Pastida, 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 €490,000 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 |
|---|---|---|---|
| €490,000 | £403,711 | £421,131 | £17,420 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £403,711 |
| Maximum cost in the last six months | £421,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,420 |
Pastida, 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 €490,000 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 |
|---|---|---|---|
| €490,000 | £403,711 | £421,131 | £17,420 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £403,711 |
| Maximum cost in the last six months | £421,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,420 |
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 £17,420 more.
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