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Simple and genuine, this home offers serenity, a lovely garden, and charming sea views
Kastella (Monemvasia), Peloponnese, Greece
REF: 841366
€150,000
Description
Simple and genuine, this home offers serenity, a lovely garden, and charming sea views. Constructed in 1991, this property has been a family holiday retreat ever since. The elevated ground floor provides 80 sqm of living space and features 2 bedrooms, 1 bathroom, 1 WC, and an open-plan living and kitchen area. Each room has access to perimetrical balconies offering views of the surrounding landscape and the sea. Equipped with air conditioning for both heating and cooling and a functional fireplace, the house ensures comfort throughout the seasons. In the summer of 2023, it underwent a fresh coat of paint, both indoors and outdoors. Additionally, on the ground floor, there's a 100 sqm auxiliary space that can be enclosed and utilized according to current usage. Set on a 310 sqm plot, the property also offers extra buildability, allowing for the potential construction of a small guest house (approx. 20 sqm). This property presents a turnkey solution for those seeking a cosy and fully-equipped seaside home. All furniture and electrical appliances included - such as a new fridge, kitchen equipment, a dishwasher, and a washing machine Location The property is located in Kastella, a traditional seaside settlement within the Monemvasia municipality of Laconia prefecture. With its amphitheatrical layout and eastern orientation, Kastella is a small settlement that retains its character and traditional lifestyle. It houses a small number of homes. Monemvasia's historic castle is conveniently located approx. 11 km away. As you journey from Kastella to Monemvasia, you'll encounter quaint seaside villages dotting the coastline, such as Xifias and Agia Paraskevi. To reach the stunning Elafonisos, take a ferry from Pounta harbour, while Neapoli (Voion) offers ferry routes to Kythira. Despite the popular Greek song "We will never find Kythira", you may find your way to the birthplace of Aphrodite anytime. Last but not least, near Pounta harbour, you can explore Pavlopetri - the world's oldest submerged city. It's a place you'll never tire of visiting, perfect for practising your snorkelling skills.
Simple and genuine, this home offers serenity, a lovely garden, and charming sea views. Constructed in 1991, this property has been a family holiday retreat ever since. The elevated ground floor provides 80 sqm of living space and features 2 bedrooms, 1 bathroom, 1 WC, and an open-plan living and kitchen area. Each room has access to perimetrical balconies offering views of the surrounding landscape and the sea. Equipped with air conditioning for both heating and cooling and a functional fireplace, the house ensures comfort throughout the seasons. In the summer of 2023, it underwent a fresh coat of paint, both indoors and outdoors. Additionally, on the ground floor, there's a 100 sqm auxiliary space that can be enclosed and utilized according to current usage. Set on a 310 sqm plot, the property also offers extra buildability, allowing for the potential construction of a small guest house (approx. 20 sqm). This property presents a turnkey solution for those seeking a cosy and fully-equipped seaside home. All furniture and electrical appliances included - such as a new fridge, kitchen equipment, a dishwasher, and a washing machine Location The property is located in Kastella, a traditional seaside settlement within the Monemvasia municipality of Laconia prefecture. With its amphitheatrical layout and eastern orientation, Kastella is a small settlement that retains its character and traditional lifestyle. It houses a small number of homes. Monemvasia's historic castle is conveniently located approx. 11 km away. As you journey from Kastella to Monemvasia, you'll encounter quaint seaside villages dotting the coastline, such as Xifias and Agia Paraskevi. To reach the stunning Elafonisos, take a ferry from Pounta harbour, while Neapoli (Voion) offers ferry routes to Kythira. Despite the popular Greek song "We will never find Kythira", you may find your way to the birthplace of Aphrodite anytime. Last but not least, near Pounta harbour, you can explore Pavlopetri - the world's oldest submerged city. It's a place you'll never tire of visiting, perfect for practising your snorkelling skills.
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Currency Exchange
Kastella (Monemvasia), Peloponnese, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £124,247 | £128,918 | £4,671 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £124,247 |
| Maximum cost in the last six months | £128,918 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,671 |
Kastella (Monemvasia), Peloponnese, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £124,247 | £128,918 | £4,671 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £124,247 |
| Maximum cost in the last six months | £128,918 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,671 |
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 £4,671 more.
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