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Sea & Mountain View Renovation Project in the Countryside
Spilia, Kolymbari, Chania, Greece
REF: 834909
€340,000
Description
This amazing villa for sale in Spilia, Kolymbari, Chania, is a unique renovation project. The total size of the land is 700m and currently inside the plot is situated a traditional Cretan rustic mansion of 150m , developed over two floors. Once you enter the main door, you can see the living room and, in a separate room, the kitchen area and an additional space with a beautiful stone arch used as a wine sellar or a storage room. Upstairs, it spans a spacious dining area with its own terrace offering amazing views of the sea, the White Mountains and the countryside. Additionally, on the same floor there is a master bedroom, a bathroom and another small private terrace overlooking the sea. The property includes an additional building density of 150m , making it ideal for investment opportunities, such as touristic development, as well as for a year-round private residence. HIGHLIGHTS 150m Living Space Sea & Mountain Views 150m additional Building Density 700m plot Ready for Renovation Amenities Nearby Only 40 min to Airport
This amazing villa for sale in Spilia, Kolymbari, Chania, is a unique renovation project. The total size of the land is 700m and currently inside the plot is situated a traditional Cretan rustic mansion of 150m , developed over two floors. Once you enter the main door, you can see the living room and, in a separate room, the kitchen area and an additional space with a beautiful stone arch used as a wine sellar or a storage room. Upstairs, it spans a spacious dining area with its own terrace offering amazing views of the sea, the White Mountains and the countryside. Additionally, on the same floor there is a master bedroom, a bathroom and another small private terrace overlooking the sea. The property includes an additional building density of 150m , making it ideal for investment opportunities, such as touristic development, as well as for a year-round private residence. HIGHLIGHTS 150m Living Space Sea & Mountain Views 150m additional Building Density 700m plot Ready for Renovation Amenities Nearby Only 40 min to Airport
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Currency Exchange
Spilia, Kolymbari, Chania, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £281,625 | £292,213 | £10,588 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £281,625 |
| Maximum cost in the last six months | £292,213 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,588 |
Spilia, Kolymbari, Chania, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £281,625 | £292,213 | £10,588 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £281,625 |
| Maximum cost in the last six months | £292,213 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,588 |
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 £10,588 more.
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