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Set amidst an olive grove backdrop and offering serenity while being close to the cosmopolitan city of Chania, this spacious villa offers tranquility and modern amenities
Modi (Platanias), Crete, Greece
REF: 855093
€560,000
Description
Set amidst an olive grove backdrop and offering serenity while being close to the cosmopolitan city of Chania, this spacious villa offers tranquility and modern amenities. Developed over two floors, the main living space occupies the first floor and is accessible via a small flight of stairs. As we enter, we are greeted by a spacious dining/living room, a TV lounge and an open-plan, fully-equipped kitchen with a pantry. The fireplace in the TV lounge will create a warm ambience during the winter months. There is also a guest bathroom fitted with a shower. A corridor offers access to the three bedrooms and the main bathroom, which is fitted with a bathtub. All of the rooms on this floor have spacious balconies with views of the garden and surrounding countryside. All frames are double-glazed, and all rooms are air-conditioned. A central heating system caters for the mild winter months, while an energy-saving heat pump will be installed. The property's ground floor is 160 sqm and currently functions as an auxiliary space. Part of this space is currently remodelled into an extra bathroom WC for guests. The villa stands on a 4025 sqm plot, of which 2000 sqm are fenced and landscaped, while the other are planted with local flora and trees. Rental potential A property offering privacy, tranquillity and proximity to the beach and the city of Chania offers great short-rental potential in a very popular destination with an extended high season. This versatile villa has also been used as a wedding reception venue. Distances Gerani Beach: 2.5 km Platanias Beach: 3 km Modi: 1.2 km Chania (City Center & Port): 14 km Chania International Airport: 32 km Rethymno: 72 km
Set amidst an olive grove backdrop and offering serenity while being close to the cosmopolitan city of Chania, this spacious villa offers tranquility and modern amenities. Developed over two floors, the main living space occupies the first floor and is accessible via a small flight of stairs. As we enter, we are greeted by a spacious dining/living room, a TV lounge and an open-plan, fully-equipped kitchen with a pantry. The fireplace in the TV lounge will create a warm ambience during the winter months. There is also a guest bathroom fitted with a shower. A corridor offers access to the three bedrooms and the main bathroom, which is fitted with a bathtub. All of the rooms on this floor have spacious balconies with views of the garden and surrounding countryside. All frames are double-glazed, and all rooms are air-conditioned. A central heating system caters for the mild winter months, while an energy-saving heat pump will be installed. The property's ground floor is 160 sqm and currently functions as an auxiliary space. Part of this space is currently remodelled into an extra bathroom WC for guests. The villa stands on a 4025 sqm plot, of which 2000 sqm are fenced and landscaped, while the other are planted with local flora and trees. Rental potential A property offering privacy, tranquillity and proximity to the beach and the city of Chania offers great short-rental potential in a very popular destination with an extended high season. This versatile villa has also been used as a wedding reception venue. Distances Gerani Beach: 2.5 km Platanias Beach: 3 km Modi: 1.2 km Chania (City Center & Port): 14 km Chania International Airport: 32 km Rethymno: 72 km
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Currency Exchange
Modi (Platanias), Crete, 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 €560,000 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 |
|---|---|---|---|
| €560,000 | £470,019 | £483,034 | £13,014 |
| Property Price € | €560,000 |
| Minimum cost in the last six months | £470,019 |
| Maximum cost in the last six months | £483,034 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,014 |
Modi (Platanias), Crete, 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 €560,000 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 |
|---|---|---|---|
| €560,000 | £470,019 | £483,034 | £13,014 |
| Property Price € | €560,000 |
| Minimum cost in the last six months | £470,019 |
| Maximum cost in the last six months | £483,034 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,014 |
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 £13,014 more.
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