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Large plot by the sea in beautiful remote area
Agios Nikolaos, Greece
REF: 342475
€96,000
Description
This building plot is north of the busy luxury tourist resort of Elounda in an amphitheatrical position with very nice views of the Cretan Pelagus nest to a small village called Vlyhadia. The plot has good road access and has all necessary paperwork to obtain a building license for a house or houses with a total size of 261 sqm (not including basements, balconies, terraces etc). Very little development has taken place in the area that has a uniquely natural, unspoilt beauty. There are a few small villages for basic shopping within a short drive from Vlyhadia. There is a very nice fish tavern in the village that stays open all year. The large village of Elounda is about a 15 minute drive from the plot and the international airport of Heraklion is about 1 hour 15 minutes from here.
This building plot is north of the busy luxury tourist resort of Elounda in an amphitheatrical position with very nice views of the Cretan Pelagus nest to a small village called Vlyhadia. The plot has good road access and has all necessary paperwork to obtain a building license for a house or houses with a total size of 261 sqm (not including basements, balconies, terraces etc). Very little development has taken place in the area that has a uniquely natural, unspoilt beauty. There are a few small villages for basic shopping within a short drive from Vlyhadia. There is a very nice fish tavern in the village that stays open all year. The large village of Elounda is about a 15 minute drive from the plot and the international airport of Heraklion is about 1 hour 15 minutes from here.
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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 €96,000 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 |
|---|---|---|---|
| €96,000 | £81,666 | £84,143 | £2,477 |
| Property Price € | €96,000 |
| Minimum cost in the last six months | £81,666 |
| Maximum cost in the last six months | £84,143 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,477 |
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 €96,000 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 |
|---|---|---|---|
| €96,000 | £81,666 | £84,143 | £2,477 |
| Property Price € | €96,000 |
| Minimum cost in the last six months | £81,666 |
| Maximum cost in the last six months | £84,143 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,477 |
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 £2,477 more.
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