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Distant Seaviews over Chania Bay
Chorafakia, Akrotiri, Chania, Greece
REF: 307343
€150,000
Description
This plot of land is 2500sqms and has a building density of 200sqms. It is located in the traditional village of Horafakia in Akrotiri, Chania on the island of Crete. You can have you own property in Crete by building a house there, overlooking the bay of Tersanas and Kalathas with great sunset views. The traditional village of Horafakia has a minimarket, tavernas and kafeneon, additional shopping and general amenities are available in Kounoupidiana, just five minutes away by car. The distance from the historic city of Chania is twenty minutes and from Chania Airport only fifteen minutes. The utilities of electricity, water and telephone are all close by for easy connection, and access is by asphalt road.
This plot of land is 2500sqms and has a building density of 200sqms. It is located in the traditional village of Horafakia in Akrotiri, Chania on the island of Crete. You can have you own property in Crete by building a house there, overlooking the bay of Tersanas and Kalathas with great sunset views. The traditional village of Horafakia has a minimarket, tavernas and kafeneon, additional shopping and general amenities are available in Kounoupidiana, just five minutes away by car. The distance from the historic city of Chania is twenty minutes and from Chania Airport only fifteen minutes. The utilities of electricity, water and telephone are all close by for easy connection, and access is by asphalt road.
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Currency Exchange
Chorafakia, Akrotiri, Chania, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £127,604 | £131,481 | £3,878 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £127,604 |
| Maximum cost in the last six months | £131,481 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,878 |
Chorafakia, Akrotiri, Chania, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £127,604 | £131,481 | £3,878 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £127,604 |
| Maximum cost in the last six months | £131,481 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,878 |
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 £3,878 more.
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