Situated in Koskinou, these new apartments offer comfort and convenience, within a short drive of both the beach and Rhodes Town

Koskinou, Aegean Islands, Greece

For Sale

€198,000

REF: 887280 €198,000


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Description

Situated in Koskinou, these new apartments offer comfort and convenience, within a short drive of both the beach and Rhodes Town. In a serene and verdurous setting on the outskirts of the hamlet of Koskinou, the three-storey building offers three 68 sqm, whole-floor apartments, complemented by spacious 12 sqm balconies.

Each apartment offers two bedrooms, one with an en-suite bathroom, one guest bathroom, and an open-plan living/dining room and kitchen. Both bedrooms and the living/dining room of the two upper-floor apartments open up to spacious balconies with a scenic view of Koskinou and the surrounding countryside, while the ground-floor apartment opens up to a 140 sqm garden for its exclusive use.

The other apartments also enjoy 60 sqm exclusive-use gardens, while all three apartments have their own designated parking spaces on the plot. The apartments can be upgraded with a jacuzzi, and/or a barbecue & alfresco dining area with pergolas, at an extra cost. Ground floor apartment (with 140 sqm garden): 198.000 First-floor apartment (with 60 sqm garden): 198.000 Second-floor apartment (with 60 sqm garden): 205.000 The apartments are currently under construction and expected to be delivered in the first half of 2025.

Rental potential Close to both sandy beaches and the island's capital, this location can serve as the perfect starting point for exploring the island, making it suitable for short-term rentals. Rhodes is a highly sought-after tourist destination, boasting a lengthy high season and convenient flights to numerous European and international locations.

Location - Distances Koskinou is a hamlet some 5 km away from the city of Rhodes, the capital of the island. The hamlet is famous for the mosaic adorning its central square and its unique traditional houses painted in bright, vibrant colours. Rhodes Island is a captivating destination, celebrated for its rich history and well-preserved medieval architecture.

The Old Town of Rhodes, a UNESCO World Heritage Site, is a stunning blend of Gothic and Renaissance styles. What makes Rhodes unique is the way it merges its historical charm with modern attractions. Whether you're drawn to its ancient ruins, medieval streets, or its lively beaches and nightlife, the island has a diverse appeal.

You can immerse yourself in history during the day and enjoy vibrant restaurants and clubs by night. Popular activities like sailing, scuba diving, and 4x4 adventures highlight Rhodes' natural beauty and adventurous spirit. With one of the busiest airports in Greece and innumerable ferries travelling to and from Rhodes, reaching the island is as easy as it gets. Kallithea Beach: 2.2 km Rhodes Town Center (& Port): 6 km Faliraki: 11 km Rhodes International Airport: 17 km Butterfly Valley: 24 km Lindos: 44 km
Situated in Koskinou, these new apartments offer comfort and convenience, within a short drive of both the beach and Rhodes Town. In a serene and verdurous setting on the outskirts of the hamlet of Koskinou, the three-storey building offers three 68 sqm, whole-floor apartments, complemented by spacious 12 sqm balconies.

Each apartment offers two bedrooms, one with an en-suite bathroom, one guest bathroom, and an open-plan living/dining room and kitchen. Both bedrooms and the living/dining room of the two upper-floor apartments open up to spacious balconies with a scenic view of Koskinou and the surrounding countryside, while the ground-floor apartment opens up to a 140 sqm garden for its exclusive use.

The other apartments also enjoy 60 sqm exclusive-use gardens, while all three apartments have their own designated parking spaces on the plot. The apartments can be upgraded with a jacuzzi, and/or a barbecue & alfresco dining area with pergolas, at an extra cost. Ground floor apartment (with 140 sqm garden): 198.000 First-floor apartment (with 60 sqm garden): 198.000 Second-floor apartment (with 60 sqm garden): 205.000 The apartments are currently under construction and expected to be delivered in the first half of 2025.

Rental potential Close to both sandy beaches and the island's capital, this location can serve as the perfect starting point for exploring the island, making it suitable for short-term rentals. Rhodes is a highly sought-after tourist destination, boasting a lengthy high season and convenient flights to numerous European and international locations.

Location - Distances Koskinou is a hamlet some 5 km away from the city of Rhodes, the capital of the island. The hamlet is famous for the mosaic adorning its central square and its unique traditional houses painted in bright, vibrant colours. Rhodes Island is a captivating destination, celebrated for its rich history and well-preserved medieval architecture.

The Old Town of Rhodes, a UNESCO World Heritage Site, is a stunning blend of Gothic and Renaissance styles. What makes Rhodes unique is the way it merges its historical charm with modern attractions. Whether you're drawn to its ancient ruins, medieval streets, or its lively beaches and nightlife, the island has a diverse appeal.

You can immerse yourself in history during the day and enjoy vibrant restaurants and clubs by night. Popular activities like sailing, scuba diving, and 4x4 adventures highlight Rhodes' natural beauty and adventurous spirit. With one of the busiest airports in Greece and innumerable ferries travelling to and from Rhodes, reaching the island is as easy as it gets. Kallithea Beach: 2.2 km Rhodes Town Center (& Port): 6 km Faliraki: 11 km Rhodes International Airport: 17 km Butterfly Valley: 24 km Lindos: 44 km
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Property on Map

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Currency Exchange

Koskinou, Aegean 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 €198,000 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
€198,000 £164,677 £170,787 £6,110
Property Price € €198,000
Minimum cost in the last six months £164,677
Maximum cost in the last six months £170,787
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,110

Koskinou, Aegean 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 €198,000 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
€198,000 £164,677 £170,787 £6,110
Property Price € €198,000
Minimum cost in the last six months £164,677
Maximum cost in the last six months £170,787
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,110

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 £6,110 more.

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