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Two adjoining plots of seaview building land (4600 m2 each) near Milatos
Agios Nikolaos, Greece
REF: 342448
€95,000
Description
Two adjoining plots of building land, located south of the Cretan village of Milatos. The listing price is for buying one of the two plots. From their hillside position, these plots offer uninterrupted views of the whole area of Milatos and the sea in the distance. The sea, the beaches and the harbour of Milatos are about 2 km away from the plots (measured on a straight line). Each plot is 4600 sq. meters in size A house or houses of up to a total of 212 sq. meters plus basement can be built on each of the two plots which leaves more than enough space for swimming pools, verandas, terraces, gardens, parking spaces. The land has immediate access to the road that leads to the village of Milatos in the north and to the national road to Heraklion and Agios Nikolaos in the south. Services like electricity, water and phone lines with high speed internet are right next to the plots. Milatos is a very picturesque village in north east Crete with a mountain range as a backdrop and the blue sea spread out in front. With fish restaurants, tavernas and other small shops it's a low key tourist area and a favourite week-end get away for Heraklion city dwellers. It lies between the towns of Malia and Neapolis where supermarkets and other amenities are available, and is about a 10 minute drive to these destinations. The international airport of Heraklion is just a 35 minute drive away.
Two adjoining plots of building land, located south of the Cretan village of Milatos. The listing price is for buying one of the two plots. From their hillside position, these plots offer uninterrupted views of the whole area of Milatos and the sea in the distance. The sea, the beaches and the harbour of Milatos are about 2 km away from the plots (measured on a straight line). Each plot is 4600 sq. meters in size A house or houses of up to a total of 212 sq. meters plus basement can be built on each of the two plots which leaves more than enough space for swimming pools, verandas, terraces, gardens, parking spaces. The land has immediate access to the road that leads to the village of Milatos in the north and to the national road to Heraklion and Agios Nikolaos in the south. Services like electricity, water and phone lines with high speed internet are right next to the plots. Milatos is a very picturesque village in north east Crete with a mountain range as a backdrop and the blue sea spread out in front. With fish restaurants, tavernas and other small shops it's a low key tourist area and a favourite week-end get away for Heraklion city dwellers. It lies between the towns of Malia and Neapolis where supermarkets and other amenities are available, and is about a 10 minute drive to these destinations. The international airport of Heraklion is just a 35 minute drive away.
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Currency Exchange
Agios Nikolaos, 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 €95,000 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 |
|---|---|---|---|
| €95,000 | £80,816 | £83,271 | £2,456 |
| Property Price € | €95,000 |
| Minimum cost in the last six months | £80,816 |
| Maximum cost in the last six months | £83,271 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,456 |
Agios Nikolaos, 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 €95,000 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 |
|---|---|---|---|
| €95,000 | £80,816 | £83,271 | £2,456 |
| Property Price € | €95,000 |
| Minimum cost in the last six months | £80,816 |
| Maximum cost in the last six months | £83,271 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,456 |
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 £2,456 more.
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