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Two storey corner house with very nice views
Agios Nikolaos, Greece
REF: 343227
€70,000
Description
Located in the traditional village of Pano Pines, Elounda, this pretty, two storey corner house of about 100m2, is now available for sale. Pano Pines is a quiet traditional Cretan village only a 5 minute drive to the popular tourist resort of Elounda, Crete. The property is split into two buildings which are connected by a very nice first floor terrace. The largest building (approx. 60m2 on two floors) consists of the main living space on the top floor which has a bedroom, a living room with great views of the valley and the surrounding mountains, a small kitchen and a very small w/c accessed from the balcony. On the ground floor of this building there are two rooms of about 15m2 each, which are not connected to each other. The smaller building of about 40m2, consists of a spacious room on the top floor, which could be made into a very nice en-suite bedroom and a room on the ground floor which requires total renovation. The property is in need of renovation, however it will not take much to bring parts of it in a livable condition and it could be renovated in stages. The road and easy parking is only 20 meters away from the house. Pines is 15 minutes from the province capital Agios Nikolaos. The international airport of Heraklion is one hour drive from Pines. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 45 mins away from the international airport of Heraklion. Although Agios Nikolaos has a population of less than 20,000 it has several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbour, cinema, theatre, gyms, a 9-hole golf course, schools ranging from nurseries to 6-level high school and generally all the amenities you would expect to find in a modern European town. The microclimate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here.
Located in the traditional village of Pano Pines, Elounda, this pretty, two storey corner house of about 100m2, is now available for sale. Pano Pines is a quiet traditional Cretan village only a 5 minute drive to the popular tourist resort of Elounda, Crete. The property is split into two buildings which are connected by a very nice first floor terrace. The largest building (approx. 60m2 on two floors) consists of the main living space on the top floor which has a bedroom, a living room with great views of the valley and the surrounding mountains, a small kitchen and a very small w/c accessed from the balcony. On the ground floor of this building there are two rooms of about 15m2 each, which are not connected to each other. The smaller building of about 40m2, consists of a spacious room on the top floor, which could be made into a very nice en-suite bedroom and a room on the ground floor which requires total renovation. The property is in need of renovation, however it will not take much to bring parts of it in a livable condition and it could be renovated in stages. The road and easy parking is only 20 meters away from the house. Pines is 15 minutes from the province capital Agios Nikolaos. The international airport of Heraklion is one hour drive from Pines. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 45 mins away from the international airport of Heraklion. Although Agios Nikolaos has a population of less than 20,000 it has several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbour, cinema, theatre, gyms, a 9-hole golf course, schools ranging from nurseries to 6-level high school and generally all the amenities you would expect to find in a modern European town. The microclimate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £59,548 | £61,358 | £1,810 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £59,548 |
| Maximum cost in the last six months | £61,358 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,810 |
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 €70,000 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 |
|---|---|---|---|
| €70,000 | £59,548 | £61,358 | £1,810 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £59,548 |
| Maximum cost in the last six months | £61,358 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,810 |
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 £1,810 more.
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