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A charming stone home in the Cretan countryside
Piskokefalo (Sitia), Crete, Greece
REF: 923250
€250,000
Description
A charming stone home in the Cretan countryside. Located in Piskokefalo, just a short drive from Sitia, this 89 sqm two-floor stone home offers expansive views of the surrounding valleys and mountains. The property features a lovely courtyard with shaded spots and ample space for barbecues and outdoor gatherings. On the ground floor, you ll find a cozy living room with a fireplace, a fully equipped kitchen, a dining area, and a guest WC. Upstairs, the home features one spacious bedroom and an additional WC. The property includes air conditioning, a solar water heater, parking, and a fenced perimeter for added privacy. Rental potential Thanks to its peaceful location in Piskokefalo, surrounded by nature, this property has a promising rental potential. It s close to the northeast Crete attractions, including Sitia, Agia Folia, and Xerokambos, making it appealing to visitors. The nearby beaches, as well as sights like Richtis Gorge, Toplou Monastery, and Liopetra Fort, offer plenty of opportunities for exploration. With its tranquil setting and proximity to local attractions, this is a charming rental option for those looking to enjoy the countryside and outdoor activities. Location Piskokefalo is located less than 4 km south of Sitia, known as the birthplace of the renowned poet Vincenzos Kornaros, who wrote the famous Medieval poem "Erotokritos". A picturesque spot to unwind at the village square with a coffee or meal, while also exploring local landmarks such as the Zou spring, the old water mill, the church of Agia Anna, and the small chapel of Panagia Trapezounta. The village is also a short drive from beautiful beaches like Plakes and Petras Beach to the east, and Platani Beach and Donkey Beach to the west. Other nearby attractions offer further opportunities for exploration.
A charming stone home in the Cretan countryside. Located in Piskokefalo, just a short drive from Sitia, this 89 sqm two-floor stone home offers expansive views of the surrounding valleys and mountains. The property features a lovely courtyard with shaded spots and ample space for barbecues and outdoor gatherings. On the ground floor, you ll find a cozy living room with a fireplace, a fully equipped kitchen, a dining area, and a guest WC. Upstairs, the home features one spacious bedroom and an additional WC. The property includes air conditioning, a solar water heater, parking, and a fenced perimeter for added privacy. Rental potential Thanks to its peaceful location in Piskokefalo, surrounded by nature, this property has a promising rental potential. It s close to the northeast Crete attractions, including Sitia, Agia Folia, and Xerokambos, making it appealing to visitors. The nearby beaches, as well as sights like Richtis Gorge, Toplou Monastery, and Liopetra Fort, offer plenty of opportunities for exploration. With its tranquil setting and proximity to local attractions, this is a charming rental option for those looking to enjoy the countryside and outdoor activities. Location Piskokefalo is located less than 4 km south of Sitia, known as the birthplace of the renowned poet Vincenzos Kornaros, who wrote the famous Medieval poem "Erotokritos". A picturesque spot to unwind at the village square with a coffee or meal, while also exploring local landmarks such as the Zou spring, the old water mill, the church of Agia Anna, and the small chapel of Panagia Trapezounta. The village is also a short drive from beautiful beaches like Plakes and Petras Beach to the east, and Platani Beach and Donkey Beach to the west. Other nearby attractions offer further opportunities for exploration.
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Currency Exchange
Piskokefalo (Sitia), Crete, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £205,975 | £211,523 | £5,548 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £205,975 |
| Maximum cost in the last six months | £211,523 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,548 |
Piskokefalo (Sitia), Crete, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £205,975 | £211,523 | £5,548 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £205,975 |
| Maximum cost in the last six months | £211,523 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,548 |
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 £5,548 more.
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