Building plot with building license

Agios Nikolaos, Greece

For Sale

€159,000

REF: 505927 €159,000


2246 m2

2246 m2

Description

This plot of 2246 m2 is nicely positioned on the slope of a hill in the area of Mardati, less than a 5 minute drive to the modern tourist town of Agios Nikolaos. From its elevated position it enjoys uninterrupted sea and mountain views. It is possible to build a total of 200 m2 on two floors, plus basement, plus attic on the plot.

This leaves you another 2046 m2 for garden, parking, pool and pergola spaces, etc. The plot is bought with its building license (see building plans below) and the buyer can choose to use the existing license or to issue his own building license according to his wishes and needs. It lies in a very quiet area at the edge of Mardati village boundaries.

There is easy road access to this land. Water, electricity and phone lines with broadband internet are on land. Bus service almost every hour to Agios Nikolaos and Kritsa. Barely a 5-minute drive to the nearest organized sandy beach ("Almiros"). 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.

Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. Although Agios Nikolaos has a population of less than 20,000 it has a 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.
This plot of 2246 m2 is nicely positioned on the slope of a hill in the area of Mardati, less than a 5 minute drive to the modern tourist town of Agios Nikolaos. From its elevated position it enjoys uninterrupted sea and mountain views. It is possible to build a total of 200 m2 on two floors, plus basement, plus attic on the plot.

This leaves you another 2046 m2 for garden, parking, pool and pergola spaces, etc. The plot is bought with its building license (see building plans below) and the buyer can choose to use the existing license or to issue his own building license according to his wishes and needs. It lies in a very quiet area at the edge of Mardati village boundaries.

There is easy road access to this land. Water, electricity and phone lines with broadband internet are on land. Bus service almost every hour to Agios Nikolaos and Kritsa. Barely a 5-minute drive to the nearest organized sandy beach ("Almiros"). 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.

Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. Although Agios Nikolaos has a population of less than 20,000 it has a 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 €159,000 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
€159,000 £135,260 £139,370 £4,110
Property Price € €159,000
Minimum cost in the last six months £135,260
Maximum cost in the last six months £139,370
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,110

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 €159,000 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
€159,000 £135,260 £139,370 £4,110
Property Price € €159,000
Minimum cost in the last six months £135,260
Maximum cost in the last six months £139,370
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,110

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 £4,110 more.

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