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This distinctive and spacious holiday villa on the island of Rhodes, near cosmopolitan destination Gennadi, offers all modern comforts and is just a stone's throw away from a wonderful sandy beach
Gennadi, Aegean Islands, Greece
REF: 888113
€400,000
Description
This distinctive and spacious holiday villa on the island of Rhodes, near cosmopolitan destination Gennadi, offers all modern comforts and is just a stone's throw away from a wonderful sandy beach. The 140 sqm villa has been developed on a 500 sqm plot and offers three bedrooms, a living/dining room, and a kitchen. Two of the bedrooms have en-suite bathrooms, and there is also a guest bathroom. All bathrooms are fitted with showers. All bedrooms are air-conditioned and feature double beds. The villa is sold fully equipped and furnished, with many extras. The bedrooms also feature balconies with views of the sea and the surrounding countryside. The living room opens to a pergola and the 20 sqm pool, complete with loungers. There is also a BBQ and dining table for an alfresco dining experience. The front part of the villa's exterior spaces is paved, but there is also a garden with a lawn, young trees, and some flowerbeds. Rental potential Situated in a prime location on the cosmopolitan island of Rhodes, this property has been successfully operating as a holiday home ever since it was built. It offers excellent rental potential at a premium price, with an extended rental season that stretches well into October. Location - Distances Gennadi is a prime tourist spot in south Rhodes, distinguished by its long sand and pebble beach. Its lively streets are lined with bustling open-air tavernas offering meze and moussaka, alongside shops selling beachwear, local honey, and baklava pastries. Beach: 300 m Gennadi: 4.5 km Lindos Resort & Archaeological Site: 26 km Rhodes International Airport: 67 km Rhodes Town (Old Town & Port): 66 km Butterflies Valley: 62 km
This distinctive and spacious holiday villa on the island of Rhodes, near cosmopolitan destination Gennadi, offers all modern comforts and is just a stone's throw away from a wonderful sandy beach. The 140 sqm villa has been developed on a 500 sqm plot and offers three bedrooms, a living/dining room, and a kitchen. Two of the bedrooms have en-suite bathrooms, and there is also a guest bathroom. All bathrooms are fitted with showers. All bedrooms are air-conditioned and feature double beds. The villa is sold fully equipped and furnished, with many extras. The bedrooms also feature balconies with views of the sea and the surrounding countryside. The living room opens to a pergola and the 20 sqm pool, complete with loungers. There is also a BBQ and dining table for an alfresco dining experience. The front part of the villa's exterior spaces is paved, but there is also a garden with a lawn, young trees, and some flowerbeds. Rental potential Situated in a prime location on the cosmopolitan island of Rhodes, this property has been successfully operating as a holiday home ever since it was built. It offers excellent rental potential at a premium price, with an extended rental season that stretches well into October. Location - Distances Gennadi is a prime tourist spot in south Rhodes, distinguished by its long sand and pebble beach. Its lively streets are lined with bustling open-air tavernas offering meze and moussaka, alongside shops selling beachwear, local honey, and baklava pastries. Beach: 300 m Gennadi: 4.5 km Lindos Resort & Archaeological Site: 26 km Rhodes International Airport: 67 km Rhodes Town (Old Town & Port): 66 km Butterflies Valley: 62 km
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Currency Exchange
Gennadi, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £329,560 | £343,780 | £14,220 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £329,560 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,220 |
Gennadi, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £329,560 | £343,780 | £14,220 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £329,560 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,220 |
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 £14,220 more.
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