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This splendid and modern 279 sqm villa has been developed on a 527 sqm plot in the suburb Pedini of Ioannina, the capital of Epirus
Pedini, Northern Greece, Greece
REF: 763960
€690,000
Description
This splendid and modern 279 sqm villa has been developed on a 527 sqm plot in the suburb Pedini of Ioannina, the capital of Epirus. Located near the university campus in one of the most peaceful districts of the city, the villa unfolds over two floors and offers a total of five bedrooms, four bathrooms, a guest WC, a very spacious living/dining room with a fireplace, and an open-plan kitchen. The 147 sqm basement houses the boiler and washing room and offers plentiful storage space. All frames are aluminum and double-glazed, reclining, and fitted with fly-screens. The villa is sold tastefully furnished and fully equipped, offering all modern amenities. There is a garage for two vehicles and an open-air space to park one more car. The landscaped gardens of the villa are planted with local flora and there is a fully equipped outdoor kitchen/BBQ and dining area for you and your guests to enjoy your meals throughout the year. Rental possibilities The villa has a strong rental potential and, indeed, has been successfully operating as a short-term rental unit, building a loyal customer base. Location - Distances The villa is located in the suburb Pedini of the city of Ioannina, near the University of Ioannina campus. The city of Ioannina is a major regional academic center and a vibrant city in Epirus, close to the port of Igoumenitsa and famous for its rich history and lake. The historical city center of Ioannina is well preserved and nestled on the shore of Lake Pamvotida. The city is connected to Igoumenitsa and destinations along the Ionian Coast of Greece via the Egnatia and Ionia motorways, while the eastbound direction on Egnatia Motorway will take you to Thessaloniki. Ioannina City Center: 8 km Ioannina Castle: 9 km Ioannina Airport: 15 km Igoumenitsa (ferries to Corfu): 75 km Parga: 81 km Thessaloniki: 260 km
This splendid and modern 279 sqm villa has been developed on a 527 sqm plot in the suburb Pedini of Ioannina, the capital of Epirus. Located near the university campus in one of the most peaceful districts of the city, the villa unfolds over two floors and offers a total of five bedrooms, four bathrooms, a guest WC, a very spacious living/dining room with a fireplace, and an open-plan kitchen. The 147 sqm basement houses the boiler and washing room and offers plentiful storage space. All frames are aluminum and double-glazed, reclining, and fitted with fly-screens. The villa is sold tastefully furnished and fully equipped, offering all modern amenities. There is a garage for two vehicles and an open-air space to park one more car. The landscaped gardens of the villa are planted with local flora and there is a fully equipped outdoor kitchen/BBQ and dining area for you and your guests to enjoy your meals throughout the year. Rental possibilities The villa has a strong rental potential and, indeed, has been successfully operating as a short-term rental unit, building a loyal customer base. Location - Distances The villa is located in the suburb Pedini of the city of Ioannina, near the University of Ioannina campus. The city of Ioannina is a major regional academic center and a vibrant city in Epirus, close to the port of Igoumenitsa and famous for its rich history and lake. The historical city center of Ioannina is well preserved and nestled on the shore of Lake Pamvotida. The city is connected to Igoumenitsa and destinations along the Ionian Coast of Greece via the Egnatia and Ionia motorways, while the eastbound direction on Egnatia Motorway will take you to Thessaloniki. Ioannina City Center: 8 km Ioannina Castle: 9 km Ioannina Airport: 15 km Igoumenitsa (ferries to Corfu): 75 km Parga: 81 km Thessaloniki: 260 km
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Currency Exchange
Pedini, Northern Greece, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £568,491 | £593,021 | £24,530 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £568,491 |
| Maximum cost in the last six months | £593,021 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,530 |
Pedini, Northern Greece, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £568,491 | £593,021 | £24,530 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £568,491 |
| Maximum cost in the last six months | £593,021 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,530 |
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 £24,530 more.
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