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This 68 sqm property offers views of the Laconic Gulf and is located in a quiet spot on the southeastern part of the Peloponnese peninsula
Demonia, Peloponnese, Greece
REF: 891700
€160,000
Description
This 68 sqm property offers views of the Laconic Gulf and is located in a quiet spot on the southeastern part of the Peloponnese peninsula. Set on a spacious 880 sqm plot, it includes two bedrooms, a fully equipped kitchen, a comfortable living room with a fireplace, and a bathroom. Additionally, there is a fully equipped bathroom located outside. Renovated in 2024, the home comes fully furnished and is move-in ready. Enjoy the views of the surrounding landscape from the home s terrace. The property also features a storage room, three AC units, aluminium double-glazed windows with fly nets, shutters, and a solar water heater. For parking, there s a garage, a carport, and extra space for more vehicles on the premises. Location - Distances Situated 2.5 km from the beach, the property is an ideal base for exploring the laconic coastline and its beautiful and clean beaches, venturing to the historic castle town of Monemvasia, and visiting the islands of Elafonisos and Kythira. Charakia beach: 2.5 km Marathias beach: 10 km Monemvasia: 27 km Pounda (Ferry boat to Elafonisos): 28 km Neapoli (Ferry boat to Kythira): 28 km Kalamata International Airport: 150 km
This 68 sqm property offers views of the Laconic Gulf and is located in a quiet spot on the southeastern part of the Peloponnese peninsula. Set on a spacious 880 sqm plot, it includes two bedrooms, a fully equipped kitchen, a comfortable living room with a fireplace, and a bathroom. Additionally, there is a fully equipped bathroom located outside. Renovated in 2024, the home comes fully furnished and is move-in ready. Enjoy the views of the surrounding landscape from the home s terrace. The property also features a storage room, three AC units, aluminium double-glazed windows with fly nets, shutters, and a solar water heater. For parking, there s a garage, a carport, and extra space for more vehicles on the premises. Location - Distances Situated 2.5 km from the beach, the property is an ideal base for exploring the laconic coastline and its beautiful and clean beaches, venturing to the historic castle town of Monemvasia, and visiting the islands of Elafonisos and Kythira. Charakia beach: 2.5 km Marathias beach: 10 km Monemvasia: 27 km Pounda (Ferry boat to Elafonisos): 28 km Neapoli (Ferry boat to Kythira): 28 km Kalamata International Airport: 150 km
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Currency Exchange
Demonia, 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 €160,000 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 |
|---|---|---|---|
| €160,000 | £131,824 | £137,512 | £5,688 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £131,824 |
| Maximum cost in the last six months | £137,512 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,688 |
Demonia, 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 €160,000 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 |
|---|---|---|---|
| €160,000 | £131,824 | £137,512 | £5,688 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £131,824 |
| Maximum cost in the last six months | £137,512 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,688 |
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 £5,688 more.
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