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Discover modern living in the heart of Mastampas, one of Rethymno's up-and-coming districts, offering views of the old town and the sea
Rethymno (regional unit), Crete, Greece
REF: 925819
€143,658
Description
Discover modern living in the heart of Mastampas, one of Rethymno's up-and-coming districts, offering views of the old town and the sea. This luxurious apartment complex, developed on a prime plot with views of the sea, offers a selection of apartments ranging from 33 sqm to 136 sqm and one to four bedrooms, with one to three bathrooms. All of the apartments feature spacious balconies. Most of the apartments on the first floor have an attic, and a jacuzzi can be included. Each apartment can also be bought with a storage facility and a car parking space/port, complete with charger, at an extra cost. All apartments come with an autonomous heat pump and solar water boiler, while there are pre-installations for the A/C units. The apartment building features a photovoltaic system catering for all of its communal areas. Location - Distances Mastampas is a district of Rethymno, Crete's third most populous city and the official seat of the University of Crete. Its student community means that the city is vibrant all year round, with many cafes, bars, restaurants, and clubs, as well as happenings to cater to all tastes, from classical music concerts to traditional music festivals and rock music shows. Its location, halfway between the two major urban centres of Crete, Chania and Heraklion, means that it can serve as the base for exploring the island. At the same time, many sandy beaches are nearby for those who wish to enjoy the sun and the sea. Rethymno Beach: 2 km Koumpes Beach: 2.2 km Rethymno Fortezza (Old Town): 2.5 km Episkopi Beach: 14 km Chania City Center: 60 km Chania International Airport: 65 km Heraklion City Center: 82 km Heraklion Internnational Airport: 85 km
Discover modern living in the heart of Mastampas, one of Rethymno's up-and-coming districts, offering views of the old town and the sea. This luxurious apartment complex, developed on a prime plot with views of the sea, offers a selection of apartments ranging from 33 sqm to 136 sqm and one to four bedrooms, with one to three bathrooms. All of the apartments feature spacious balconies. Most of the apartments on the first floor have an attic, and a jacuzzi can be included. Each apartment can also be bought with a storage facility and a car parking space/port, complete with charger, at an extra cost. All apartments come with an autonomous heat pump and solar water boiler, while there are pre-installations for the A/C units. The apartment building features a photovoltaic system catering for all of its communal areas. Location - Distances Mastampas is a district of Rethymno, Crete's third most populous city and the official seat of the University of Crete. Its student community means that the city is vibrant all year round, with many cafes, bars, restaurants, and clubs, as well as happenings to cater to all tastes, from classical music concerts to traditional music festivals and rock music shows. Its location, halfway between the two major urban centres of Crete, Chania and Heraklion, means that it can serve as the base for exploring the island. At the same time, many sandy beaches are nearby for those who wish to enjoy the sun and the sea. Rethymno Beach: 2 km Koumpes Beach: 2.2 km Rethymno Fortezza (Old Town): 2.5 km Episkopi Beach: 14 km Chania City Center: 60 km Chania International Airport: 65 km Heraklion City Center: 82 km Heraklion Internnational Airport: 85 km
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Currency Exchange
Rethymno (regional unit), 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 €143,658 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 |
|---|---|---|---|
| €143,658 | £118,360 | £121,836 | £3,477 |
| Property Price € | €143,658 |
| Minimum cost in the last six months | £118,360 |
| Maximum cost in the last six months | £121,836 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,477 |
Rethymno (regional unit), 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 €143,658 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 |
|---|---|---|---|
| €143,658 | £118,360 | £121,836 | £3,477 |
| Property Price € | €143,658 |
| Minimum cost in the last six months | £118,360 |
| Maximum cost in the last six months | £121,836 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,477 |
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 £3,477 more.
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