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Land for commercial development
Kokkino Chorio, Apokoronas, Chania, Greece
REF: 307372
€579,000
Description
A very large building plot of land in Kokkino Chorio for sale. It is set in a splendid location, just outside the village of Kokkino Chorio on the Apokoronas Peninsular. It is ideal for a property development. This nearly 36,000 sqm plot of land in Kokkino Chorio for sale has a permissible building density of 1,200 sqm of living space plus basements. This may rise to 1,800 sqm when forestry permission is granted to a currently restricted area. In an elevated position only a few metres from the sea it enjoys magnificent unobstructed sea views across Souda Bay to the Akrotiri Peninsular. Forestry clearance is in place for the majority of the plot, allowing for immediate application for planning permission. Road access is via a very good graded dirt road. Utilities of electricity, water and telephone are close by for easy connection. Beaches, shopping and amenities are all within a short driving distance. This land in Kokkino Chorio for sale, is located in the perfect place for a project of holiday homes or villas. Kokkino Chorio is a small, traditional Greek village on the coast of the Apokoronou Peninsula. From here the views across Souda Bay to the Akrotiri Peninsula are magnificent, and to the south the White Mountains provide a dramatic backdrop. It is only a few minutes drive from Plaka with tavernas and bars, and the lovely sandy beach at Almerida. A few minutes further brings you to Kalives where there are more sandy beaches, good shopping for day to day needs and a variety of other amenities.
A very large building plot of land in Kokkino Chorio for sale. It is set in a splendid location, just outside the village of Kokkino Chorio on the Apokoronas Peninsular. It is ideal for a property development. This nearly 36,000 sqm plot of land in Kokkino Chorio for sale has a permissible building density of 1,200 sqm of living space plus basements. This may rise to 1,800 sqm when forestry permission is granted to a currently restricted area. In an elevated position only a few metres from the sea it enjoys magnificent unobstructed sea views across Souda Bay to the Akrotiri Peninsular. Forestry clearance is in place for the majority of the plot, allowing for immediate application for planning permission. Road access is via a very good graded dirt road. Utilities of electricity, water and telephone are close by for easy connection. Beaches, shopping and amenities are all within a short driving distance. This land in Kokkino Chorio for sale, is located in the perfect place for a project of holiday homes or villas. Kokkino Chorio is a small, traditional Greek village on the coast of the Apokoronou Peninsula. From here the views across Souda Bay to the Akrotiri Peninsula are magnificent, and to the south the White Mountains provide a dramatic backdrop. It is only a few minutes drive from Plaka with tavernas and bars, and the lovely sandy beach at Almerida. A few minutes further brings you to Kalives where there are more sandy beaches, good shopping for day to day needs and a variety of other amenities.
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Currency Exchange
Kokkino Chorio, Apokoronas, 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 €579,000 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 |
|---|---|---|---|
| €579,000 | £492,550 | £507,517 | £14,967 |
| Property Price € | €579,000 |
| Minimum cost in the last six months | £492,550 |
| Maximum cost in the last six months | £507,517 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,967 |
Kokkino Chorio, Apokoronas, 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 €579,000 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 |
|---|---|---|---|
| €579,000 | £492,550 | £507,517 | £14,967 |
| Property Price € | €579,000 |
| Minimum cost in the last six months | £492,550 |
| Maximum cost in the last six months | £507,517 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,967 |
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 £14,967 more.
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