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Overlooking the sea, the island of Kythira, and the Peloponnese, this property features a 5,500 sqm estate
Mylopotamos (Kythira), Ionian Islands, Greece
REF: 903322
€800,000
Description
Overlooking the sea, the island of Kythira, and the Peloponnese, this property features a 5,500 sqm estate. With a romantic breeze and filled with memories of the past, the manor (248 sqm) was recently renovated to preserve its history while transitioning into the modern era. The heavy wooden door that welcomes you to this unique house, built in 1910 and completely renovated in 2000, with the last updates in 2023, opens to reveal a beautiful garden. Inside, the charming arches create a warm, inviting atmosphere, blending traditional elegance with modern comfort. The house spans two floors and consists of four bedrooms and three bathrooms. On the upper floor, there is a cosy living room with a fireplace, flooded with light during the daytime. It opens up to a small terrace adorned with flower pots. This level features two spacious bedrooms and a bathroom. An internal staircase leads to the ground floor, which includes another bedroom and a bathroom that can be used as a guesthouse as well. There is a totally independent guesthouse on the premises that can also be used for rental. It consists of an extra bedroom, a bathroom, a kitchen, and a living room. In the outer area, the stone-fenced garden and surrounding landscape provide the perfect setting for barbecues and an outdoor oven, ideal for hosting dinners and unwinding under the starry sky of Kythira. Additionally, there is a storage room for extra convenience. This property also utilizes solar and wind energy, making it an eco-friendly choice. Location - Distances Mylopotamos is a beautiful village in the southwest of Kythira. It was named Mylopotamos (mylos=mill, potamos=river) because there are 22 watermills built along a small stream. In the village's central square, you will enjoy your coffee in a traditional café, under century-old plane trees and next to a pond with ducks. An image extremely rare for a Greek island. It has been characterized as a traditional settlement. There are many natural and cultural attractions, such as the cave of Saint Sophia, the mills, the preserved settlement of Kato Chora with the Venetian Castle and the Byzantine church Saint Petros. Kythira: 12 km Kythira Airport: 12.8 km Limnionas beach: 7.5 km Diakofti Port (with frequent routes to Piraeus and Neapolis Port): 24 km
Overlooking the sea, the island of Kythira, and the Peloponnese, this property features a 5,500 sqm estate. With a romantic breeze and filled with memories of the past, the manor (248 sqm) was recently renovated to preserve its history while transitioning into the modern era. The heavy wooden door that welcomes you to this unique house, built in 1910 and completely renovated in 2000, with the last updates in 2023, opens to reveal a beautiful garden. Inside, the charming arches create a warm, inviting atmosphere, blending traditional elegance with modern comfort. The house spans two floors and consists of four bedrooms and three bathrooms. On the upper floor, there is a cosy living room with a fireplace, flooded with light during the daytime. It opens up to a small terrace adorned with flower pots. This level features two spacious bedrooms and a bathroom. An internal staircase leads to the ground floor, which includes another bedroom and a bathroom that can be used as a guesthouse as well. There is a totally independent guesthouse on the premises that can also be used for rental. It consists of an extra bedroom, a bathroom, a kitchen, and a living room. In the outer area, the stone-fenced garden and surrounding landscape provide the perfect setting for barbecues and an outdoor oven, ideal for hosting dinners and unwinding under the starry sky of Kythira. Additionally, there is a storage room for extra convenience. This property also utilizes solar and wind energy, making it an eco-friendly choice. Location - Distances Mylopotamos is a beautiful village in the southwest of Kythira. It was named Mylopotamos (mylos=mill, potamos=river) because there are 22 watermills built along a small stream. In the village's central square, you will enjoy your coffee in a traditional café, under century-old plane trees and next to a pond with ducks. An image extremely rare for a Greek island. It has been characterized as a traditional settlement. There are many natural and cultural attractions, such as the cave of Saint Sophia, the mills, the preserved settlement of Kato Chora with the Venetian Castle and the Byzantine church Saint Petros. Kythira: 12 km Kythira Airport: 12.8 km Limnionas beach: 7.5 km Diakofti Port (with frequent routes to Piraeus and Neapolis Port): 24 km
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Currency Exchange
Mylopotamos (Kythira), Ionian 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £662,648 | £687,560 | £24,912 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £662,648 |
| Maximum cost in the last six months | £687,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,912 |
Mylopotamos (Kythira), Ionian 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £662,648 | £687,560 | £24,912 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £662,648 |
| Maximum cost in the last six months | £687,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,912 |
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 £24,912 more.
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