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Located on a 4015 sqm plot, in walking distance to the sea, this seaside property near Tragaki in Zakynthos offers ample space and promising rental potential
Tragaki, Ionian Islands, Greece
REF: 837603
€690,000
Description
Located on a 4015 sqm plot, in walking distance to the sea, this seaside property near Tragaki in Zakynthos offers ample space and promising rental potential. The main house consists of three floors. The ground floor hosts a two-bedroom apartment with built-in wardrobes, a spacious open-plan lounge and dining area, a separate kitchen with a serving hatch, and a family bathroom with a bathtub. The lounge opens onto an east-facing balcony terrace through two sets of glass patio doors, while the kitchen provides access through a side door and a backdoor. The first floor mirrors the ground floor's layout, offering another two-bedroom apartment. This level features sea-facing balconies, perfect for enjoying sunrises and sunsets over the Mediterranean. The lower level is currently used for storage but can easily be converted into additional living space, enhancing the property's versatility. Adjacent to the main house is a double garage, fully equipped with a kitchen, utility room, and bathroom. A covered veranda sits next to a large masonry BBQ, ideal for outdoor dining. The gated gardens are flat and well maintained, boasting a variety of fruit trees and plants. Outdoor covered parking is available, with lawn access from both sides of the house. Location Situated close to Tragaki, a prime location on Zakynthos's stunning eastern coast, this property is in an up-and-coming area with a vibrant summer population, surrounded by high-end villas and hotels. The location's desirability enhances the property's investment potential.
Located on a 4015 sqm plot, in walking distance to the sea, this seaside property near Tragaki in Zakynthos offers ample space and promising rental potential. The main house consists of three floors. The ground floor hosts a two-bedroom apartment with built-in wardrobes, a spacious open-plan lounge and dining area, a separate kitchen with a serving hatch, and a family bathroom with a bathtub. The lounge opens onto an east-facing balcony terrace through two sets of glass patio doors, while the kitchen provides access through a side door and a backdoor. The first floor mirrors the ground floor's layout, offering another two-bedroom apartment. This level features sea-facing balconies, perfect for enjoying sunrises and sunsets over the Mediterranean. The lower level is currently used for storage but can easily be converted into additional living space, enhancing the property's versatility. Adjacent to the main house is a double garage, fully equipped with a kitchen, utility room, and bathroom. A covered veranda sits next to a large masonry BBQ, ideal for outdoor dining. The gated gardens are flat and well maintained, boasting a variety of fruit trees and plants. Outdoor covered parking is available, with lawn access from both sides of the house. Location Situated close to Tragaki, a prime location on Zakynthos's stunning eastern coast, this property is in an up-and-coming area with a vibrant summer population, surrounded by high-end villas and hotels. The location's desirability enhances the property's investment potential.
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Currency Exchange
Tragaki, 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 €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 |
Tragaki, 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 €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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