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Detached two bedroom bungalow with garden near resorts and beaches
Agios Nikolaos, Greece
REF: 505920
€220,000
Description
Between the popular resorts of Sissi and Malia and only a short drive to both resorts and several sandy beaches this is a detached bungalow with a nice spacious garden. The 80 square meter detached bungalow stands on private gated land of 1400m2. The house comprises a living room with a working fireplace, a fully fitted kitchen with wooden cupboards, a dining room, a large bathroom and 2 double bedrooms with built in wardrobes. There is a nice paved terrace and a few nice shady pergolas around the house creating nice spaces where someone can sit and enjoy the peace and calm of the garden. The large balcony to the side and back of the property offers nice sea views. It would be possible to make a wonderful terrace on the roof with pergola. From this spot the views are very nice. Only a 5minute drive to the resorts of Malia and Sissi. Half an hour drive to the international airport of Heraklion, Crete. About 25 minutes to the cosmopolitan seaside town of Agios Nikolaos. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40mins away from the international airport of Heraklion. Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. 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.
Between the popular resorts of Sissi and Malia and only a short drive to both resorts and several sandy beaches this is a detached bungalow with a nice spacious garden. The 80 square meter detached bungalow stands on private gated land of 1400m2. The house comprises a living room with a working fireplace, a fully fitted kitchen with wooden cupboards, a dining room, a large bathroom and 2 double bedrooms with built in wardrobes. There is a nice paved terrace and a few nice shady pergolas around the house creating nice spaces where someone can sit and enjoy the peace and calm of the garden. The large balcony to the side and back of the property offers nice sea views. It would be possible to make a wonderful terrace on the roof with pergola. From this spot the views are very nice. Only a 5minute drive to the resorts of Malia and Sissi. Half an hour drive to the international airport of Heraklion, Crete. About 25 minutes to the cosmopolitan seaside town of Agios Nikolaos. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40mins away from the international airport of Heraklion. Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. 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 €220,000 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 |
|---|---|---|---|
| €220,000 | £187,152 | £192,839 | £5,687 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £187,152 |
| Maximum cost in the last six months | £192,839 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,687 |
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 €220,000 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 |
|---|---|---|---|
| €220,000 | £187,152 | £192,839 | £5,687 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £187,152 |
| Maximum cost in the last six months | £192,839 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,687 |
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 £5,687 more.
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