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This delightful villa is located on the island of Meganisi, cosmopolitan yet far-removed from mass tourism
Meganisi, Ionian Islands, Greece
REF: 842132
€369,500
Description
This delightful villa is located on the island of Meganisi, cosmopolitan yet far-removed from mass tourism. The villa enjoys unobstructed marvelous views of the Ionian Sea, the island of Kalamos, and the western coastline of mainland Greece. Developed on a 4000 sqm plot together with three other villas, the 70 sqm villa has the exclusive use of 742 sqm of paved and landscaped gardens with an 8 x 3.50 m private swimming pool. The private pool is ideal for families with young children, as access to the pool is restricted by the gates leading to it. The villa features a spacious living room with an adjacent kitchen and a log burner, two bedrooms, one with a double bed and a second with two single beds, two bathrooms with shower, sink, and toilet, as well as two small loft areas which can be reached with step ladders. It is sold furnished and equipped will all modern amenities. Rental Potential Located in a cosmopolitan destination favoured by the sailing crowd from around the globe, this property has very strong rental potential. Location With more than 20 coves on its northeastern coast alone, Meganisi is a paradise for sailors and yachtsmen alike, offering beautiful anchorages, as well as quay and pontoon space in the harbours of Post Spilia and Vathi, and in the new 68-berth Odysseas Marina. A paradise for flotillas exploring the Ionian coast, Meganisi has splendid restaurants, fish taverns in Vathi and Spartochori, and many beaches, some reachable by car but mostly by boat. Its proximity to the island of Lefkada (or Lefkas), and frequent ferry connections to Nidri, mean that Meganisi can function as a base for exploring Lefkada and the western coastline of central Greece. Distances Limonari Beach: 2 km Vathi: 2.1 km Faros - Fanari: 3.8 km Papanikolis Cave: 9 km Spartochori (Port): 4.3 km Odysseas Marina Yacht Club: 2.9 km Chapel of Agios Ioannis: 5.8 km
This delightful villa is located on the island of Meganisi, cosmopolitan yet far-removed from mass tourism. The villa enjoys unobstructed marvelous views of the Ionian Sea, the island of Kalamos, and the western coastline of mainland Greece. Developed on a 4000 sqm plot together with three other villas, the 70 sqm villa has the exclusive use of 742 sqm of paved and landscaped gardens with an 8 x 3.50 m private swimming pool. The private pool is ideal for families with young children, as access to the pool is restricted by the gates leading to it. The villa features a spacious living room with an adjacent kitchen and a log burner, two bedrooms, one with a double bed and a second with two single beds, two bathrooms with shower, sink, and toilet, as well as two small loft areas which can be reached with step ladders. It is sold furnished and equipped will all modern amenities. Rental Potential Located in a cosmopolitan destination favoured by the sailing crowd from around the globe, this property has very strong rental potential. Location With more than 20 coves on its northeastern coast alone, Meganisi is a paradise for sailors and yachtsmen alike, offering beautiful anchorages, as well as quay and pontoon space in the harbours of Post Spilia and Vathi, and in the new 68-berth Odysseas Marina. A paradise for flotillas exploring the Ionian coast, Meganisi has splendid restaurants, fish taverns in Vathi and Spartochori, and many beaches, some reachable by car but mostly by boat. Its proximity to the island of Lefkada (or Lefkas), and frequent ferry connections to Nidri, mean that Meganisi can function as a base for exploring Lefkada and the western coastline of central Greece. Distances Limonari Beach: 2 km Vathi: 2.1 km Faros - Fanari: 3.8 km Papanikolis Cave: 9 km Spartochori (Port): 4.3 km Odysseas Marina Yacht Club: 2.9 km Chapel of Agios Ioannis: 5.8 km
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Currency Exchange
Meganisi, 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 €369,500 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 |
|---|---|---|---|
| €369,500 | £306,061 | £317,567 | £11,506 |
| Property Price € | €369,500 |
| Minimum cost in the last six months | £306,061 |
| Maximum cost in the last six months | £317,567 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,506 |
Meganisi, 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 €369,500 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 |
|---|---|---|---|
| €369,500 | £306,061 | £317,567 | £11,506 |
| Property Price € | €369,500 |
| Minimum cost in the last six months | £306,061 |
| Maximum cost in the last six months | £317,567 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,506 |
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 £11,506 more.
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