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Kolonos - Kolokynthous for sale Ground Floor Building 405 sq
Kolonos - Kolokinthous, ATHENS CENTER, Greece
REF: 893744
€530,000
Description
Kolonos - Kolokynthous for sale Ground Floor Building 405 sq.m. Neoclassical Airy building built in 1925 on 3 levels, strengthening of the walls, maintenance and repair of the original frames, repaired, strengthened and thermally insulated the roof, restoration of floors, there are waiting for natural gas supply, optical fiber and radiator and air conditioning lines. A study has been made for the creation of six apartments, a ground floor shop with reception and storage areas, but it is also suitable for the use of either two large apartments or professional offices. a) basement floor 105 sq.m. of which the 47 sq.m. are an underground residence while the remaining sq.m. constitute an auxiliary space, b) ground floor 104 sq.m. which consists of a shop of 42.5 sq.m. and a mezzanine residence of 62.5 sq.m., c) 1st floor 116 sq.m. consisting of either 4 small apartments or 2 large d) lofts of 80 sq.m. (in plans under licensing and construction) . It is located near the center of Athens, public transport and metro, near major roads. It also has a security door, an internal staircase, pets are allowed... Price (530000 ) Property code 220208
Kolonos - Kolokynthous for sale Ground Floor Building 405 sq.m. Neoclassical Airy building built in 1925 on 3 levels, strengthening of the walls, maintenance and repair of the original frames, repaired, strengthened and thermally insulated the roof, restoration of floors, there are waiting for natural gas supply, optical fiber and radiator and air conditioning lines. A study has been made for the creation of six apartments, a ground floor shop with reception and storage areas, but it is also suitable for the use of either two large apartments or professional offices. a) basement floor 105 sq.m. of which the 47 sq.m. are an underground residence while the remaining sq.m. constitute an auxiliary space, b) ground floor 104 sq.m. which consists of a shop of 42.5 sq.m. and a mezzanine residence of 62.5 sq.m., c) 1st floor 116 sq.m. consisting of either 4 small apartments or 2 large d) lofts of 80 sq.m. (in plans under licensing and construction) . It is located near the center of Athens, public transport and metro, near major roads. It also has a security door, an internal staircase, pets are allowed... Price (530000 ) Property code 220208
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Currency Exchange
Kolonos - Kolokinthous, ATHENS CENTER, 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 €530,000 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 |
|---|---|---|---|
| €530,000 | £436,667 | £448,428 | £11,761 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £436,667 |
| Maximum cost in the last six months | £448,428 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,761 |
Kolonos - Kolokinthous, ATHENS CENTER, 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 €530,000 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 |
|---|---|---|---|
| €530,000 | £436,667 | £448,428 | £11,761 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £436,667 |
| Maximum cost in the last six months | £448,428 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,761 |
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 £11,761 more.
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