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Rural building plot with olive grove
Agios Nikolaos, Greece
REF: 517767
€52,000
Description
Plot of building land, located in a quiet countryside, only 350 meters (road distance) from the village of Skinias, north-west of the famous and popular elite tourist resorts of Plaka and Elounda. From its elevated position (about 220 meters above sea level) the land enjoys nice views of the surrounding countryside and mountains as well as some sea views (to the north). The land is 8371 m2 in size. It has the planning permission (allowance) for a house or houses of up to a total of 284 sq. meters on one or two floors, plus basement and attic. Enough space would be left to make open or covered verandas, terraces, swimming pool(s), parking spaces, garden, etc. It has access to an agricultural road that leads into the village. Electricity, water and phone lines with broadband internet are about 170 meters from the plot. The land is also suitable for agriculture (it is currently used as an olive grove). Distances / approx. driving time: 15 min. to the coastal fishing village of Plaka. 20 min. to the elite tourist resort of Elounda. 30 min. to the province capital Agios Nikolaos. 1 hour to the international airport of Heraklion. The nearest beach, mini supermarket, restaurants and bars can be found in Plaka. More shopping possibilities for basic needs can be found in Elounda. Even more amenities are offered in Agios Nikolaos, the capital of the prefecture of Lasithi. Elounda Elounda was a small fishing town on the Mirabello Bay, on the island of Crete. Although fishing is still a large part of life in this very picturesque area, tourism has taken over as the main industry of Elounda. It is part of the municipality Agios Nikolaos. It is popular with European tourists and has many hotels including several 5*hotels. Elounda is also the closest major town to the former leper colony of Spinalonga. The town is a 10 minute drive to Agios Nikolaos and the village of Plaka (Lasithi).
Plot of building land, located in a quiet countryside, only 350 meters (road distance) from the village of Skinias, north-west of the famous and popular elite tourist resorts of Plaka and Elounda. From its elevated position (about 220 meters above sea level) the land enjoys nice views of the surrounding countryside and mountains as well as some sea views (to the north). The land is 8371 m2 in size. It has the planning permission (allowance) for a house or houses of up to a total of 284 sq. meters on one or two floors, plus basement and attic. Enough space would be left to make open or covered verandas, terraces, swimming pool(s), parking spaces, garden, etc. It has access to an agricultural road that leads into the village. Electricity, water and phone lines with broadband internet are about 170 meters from the plot. The land is also suitable for agriculture (it is currently used as an olive grove). Distances / approx. driving time: 15 min. to the coastal fishing village of Plaka. 20 min. to the elite tourist resort of Elounda. 30 min. to the province capital Agios Nikolaos. 1 hour to the international airport of Heraklion. The nearest beach, mini supermarket, restaurants and bars can be found in Plaka. More shopping possibilities for basic needs can be found in Elounda. Even more amenities are offered in Agios Nikolaos, the capital of the prefecture of Lasithi. Elounda Elounda was a small fishing town on the Mirabello Bay, on the island of Crete. Although fishing is still a large part of life in this very picturesque area, tourism has taken over as the main industry of Elounda. It is part of the municipality Agios Nikolaos. It is popular with European tourists and has many hotels including several 5*hotels. Elounda is also the closest major town to the former leper colony of Spinalonga. The town is a 10 minute drive to Agios Nikolaos and the village of Plaka (Lasithi).
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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 €52,000 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 |
|---|---|---|---|
| €52,000 | £44,236 | £45,580 | £1,344 |
| Property Price € | €52,000 |
| Minimum cost in the last six months | £44,236 |
| Maximum cost in the last six months | £45,580 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,344 |
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 €52,000 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 |
|---|---|---|---|
| €52,000 | £44,236 | £45,580 | £1,344 |
| Property Price € | €52,000 |
| Minimum cost in the last six months | £44,236 |
| Maximum cost in the last six months | £45,580 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,344 |
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 £1,344 more.
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