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Traditional 2 bedroom house with small garden in pretty village
Mochlos, Greece
REF: 547934
€60,000
Description
Set in the center of the village of Tourloti, Sitia, Lasithi, Crete. Tourloti is a vibrant village where you will find a few taverns and coffee shops, some small shops, a bakers and a pharmacy. The village is close to the seaside resort of Mochlos and is within a 45 minute drive to the province capital Agios Nikolaos and around 30 minutes to the towns of Sitia and Ierapetra. The house is close to the villages main church tucked away in a small street. It comprises a kitchen, a living room and 2 bedrooms. An external staircase leads down to the ground level where there are 3 storage areas and a small garden belonging to the house. The house has electricity and water and is habitable although some improvements are recommended. Tourloti is within a 30 minute drive to the town of Sitia on the east coast of Crete, 40 minutes to the province capital Agios Nikolaos and about one hour and 25 minutes to the international airport of Heraklion, Crete.
Set in the center of the village of Tourloti, Sitia, Lasithi, Crete. Tourloti is a vibrant village where you will find a few taverns and coffee shops, some small shops, a bakers and a pharmacy. The village is close to the seaside resort of Mochlos and is within a 45 minute drive to the province capital Agios Nikolaos and around 30 minutes to the towns of Sitia and Ierapetra. The house is close to the villages main church tucked away in a small street. It comprises a kitchen, a living room and 2 bedrooms. An external staircase leads down to the ground level where there are 3 storage areas and a small garden belonging to the house. The house has electricity and water and is habitable although some improvements are recommended. Tourloti is within a 30 minute drive to the town of Sitia on the east coast of Crete, 40 minutes to the province capital Agios Nikolaos and about one hour and 25 minutes to the international airport of Heraklion, Crete.
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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 €60,000 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 |
|---|---|---|---|
| €60,000 | £51,041 | £52,592 | £1,551 |
| Property Price € | €60,000 |
| Minimum cost in the last six months | £51,041 |
| Maximum cost in the last six months | £52,592 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,551 |
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 €60,000 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 |
|---|---|---|---|
| €60,000 | £51,041 | £52,592 | £1,551 |
| Property Price € | €60,000 |
| Minimum cost in the last six months | £51,041 |
| Maximum cost in the last six months | £52,592 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,551 |
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 £1,551 more.
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