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Large seafront building land, suitable for hotel development, Mochlos, Crete
Mochlos, Greece
REF: 342574
€1,950,000
Description
Two building plots, only 300 meters to the "Aldiana Club" hotel resort and only about 2 km from the coastal fishing village of Mochlos, North-East Crete. The enjoy unobstructed sea and mountain views. Both plots together are 40,271 m2 in size. The first plot is 13,369 m2 in size and it is positioned first line on the sea with a shoreline of 45 meters. The second plot is 26,902 m2 in size, positioned right behind the first plot. The plots can be divided into 6 separate plots each of which would have a building capacity of about 220 m2 (+ basement area) for the construction of individual villas (total building capacity of 1320 m2 for villas/houses). It would be possible to apply for a tourist development license, in which case it is permitted to build a hotel or tourist apartments of a total size of 7249 m2. There is direct asphalt road access and electricity, water and telephone connection with broadband internet are right next to it. The nearest beach, that belongs to the nearby hotel resort but is open to the public, is only a short walk (approx. 300 meters) away from the plot. The coastal town of Sitia and Sitia airport are only 30 kilometers away. The town of Ierapetra is about 25 mins away and Agios Nikolaos, the capital of Lasithi, is about 30-35 mins away. These towns have all types of shops and amenities that you would expect to find in a modern European town. Mochlos is a picturesque fishing village set in a landscape of great natural beauty. It combines a tranquil, relaxing atmosphere with friendly local inhabitants and a range of tavernas and bars renowned throughout Crete. You can visit the small island of Mochlos with its archaeological site of an ancient Minoan settlement, swim in the crystal clear waters of the bay or just watch the unforgettable colours of the sunrise and sunset.
Two building plots, only 300 meters to the "Aldiana Club" hotel resort and only about 2 km from the coastal fishing village of Mochlos, North-East Crete. The enjoy unobstructed sea and mountain views. Both plots together are 40,271 m2 in size. The first plot is 13,369 m2 in size and it is positioned first line on the sea with a shoreline of 45 meters. The second plot is 26,902 m2 in size, positioned right behind the first plot. The plots can be divided into 6 separate plots each of which would have a building capacity of about 220 m2 (+ basement area) for the construction of individual villas (total building capacity of 1320 m2 for villas/houses). It would be possible to apply for a tourist development license, in which case it is permitted to build a hotel or tourist apartments of a total size of 7249 m2. There is direct asphalt road access and electricity, water and telephone connection with broadband internet are right next to it. The nearest beach, that belongs to the nearby hotel resort but is open to the public, is only a short walk (approx. 300 meters) away from the plot. The coastal town of Sitia and Sitia airport are only 30 kilometers away. The town of Ierapetra is about 25 mins away and Agios Nikolaos, the capital of Lasithi, is about 30-35 mins away. These towns have all types of shops and amenities that you would expect to find in a modern European town. Mochlos is a picturesque fishing village set in a landscape of great natural beauty. It combines a tranquil, relaxing atmosphere with friendly local inhabitants and a range of tavernas and bars renowned throughout Crete. You can visit the small island of Mochlos with its archaeological site of an ancient Minoan settlement, swim in the crystal clear waters of the bay or just watch the unforgettable colours of the sunrise and sunset.
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Currency Exchange
Mochlos, 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 €1,950,000 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 |
|---|---|---|---|
| €1,950,000 | £1,658,846 | £1,709,253 | £50,408 |
| Property Price € | €1,950,000 |
| Minimum cost in the last six months | £1,658,846 |
| Maximum cost in the last six months | £1,709,253 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £50,408 |
Mochlos, 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 €1,950,000 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 |
|---|---|---|---|
| €1,950,000 | £1,658,846 | £1,709,253 | £50,408 |
| Property Price € | €1,950,000 |
| Minimum cost in the last six months | £1,658,846 |
| Maximum cost in the last six months | £1,709,253 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £50,408 |
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 £50,408 more.
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