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Seaview building land in Kavousi / Tholos, Crete
Ierapetra, Greece
REF: 342498
€180,000
Description
Seaview building plot, 4697 m2 in size, on the slope of the hill above the Beach of Tholos, North-East Crete. The land enjoys very nice panoramic views of the sea of the Mirabello Bay, the Kavousi valley and the beach in front of it. It has the planning permission (allowance) for a house or villa of up to a total of 120 m2 on one floor plus basement and attic. Enough space would be left to make terraces, verandas, pergolas, swimming pool, parking space etc. The land has road access (dirt road) and services like electricity, water and telephone connection with broadband internet are right next to it. The nearest village (Kavousi) is only 2.7 km away. The town of Ierapetra is about a 15-minute drive from here and the province capital Agios Nikolaos 25 minutes by car. The international airport of Heraklion is a 75-minute drive from the land and the airport of Sitia, which now also offers international flights over the summer season, is a 40-minute drive away.
Seaview building plot, 4697 m2 in size, on the slope of the hill above the Beach of Tholos, North-East Crete. The land enjoys very nice panoramic views of the sea of the Mirabello Bay, the Kavousi valley and the beach in front of it. It has the planning permission (allowance) for a house or villa of up to a total of 120 m2 on one floor plus basement and attic. Enough space would be left to make terraces, verandas, pergolas, swimming pool, parking space etc. The land has road access (dirt road) and services like electricity, water and telephone connection with broadband internet are right next to it. The nearest village (Kavousi) is only 2.7 km away. The town of Ierapetra is about a 15-minute drive from here and the province capital Agios Nikolaos 25 minutes by car. The international airport of Heraklion is a 75-minute drive from the land and the airport of Sitia, which now also offers international flights over the summer season, is a 40-minute drive away.
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Currency Exchange
Ierapetra, 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 €180,000 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 |
|---|---|---|---|
| €180,000 | £153,124 | £157,777 | £4,653 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £153,124 |
| Maximum cost in the last six months | £157,777 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,653 |
Ierapetra, 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 €180,000 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 |
|---|---|---|---|
| €180,000 | £153,124 | £157,777 | £4,653 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £153,124 |
| Maximum cost in the last six months | £157,777 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,653 |
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 £4,653 more.
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