Seaview building land, Elounda

Agios Nikolaos, Greece

For Sale

€279,000

REF: 622589 €279,000


4207 m2

4207 m2

Description

This plot of land is nicely positioned on the gentle slope of a hill, right behind several luxury hotel resorts in the elite tourist area of Elounda, Crete. From its elevated position 80 meters above sea level, it enjoys uninterrupted views of the sea, the coastal hotel resorts and the hills and mountains.

The land is 4207 m2 in size and has the planning permission (allowance) for a house or houses of up to 190 m2, built on one or two floors, plus basement and attic. Plenty of surface would be left to make pools, terraces, pergolas, patios, garden areas, tennis court, parking spaces, etc. It has road access ans services (electricity, water supply, phone lines with broadband internet) are available on the spot.

Only 560 meters from the sea (on a straight line). In walking distance to the 9-hole golf course of Elounda. About a 15-minute walk (1.3 km) to the nearest beach. Only a short drive (less than 2 km) from the town of Elounda. Agios Nikolaos, the provincial capital, is about a 10-minute drive away. The international airport of Heraklion is about a 50-minute drive from here.

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). Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40 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 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 land is nicely positioned on the gentle slope of a hill, right behind several luxury hotel resorts in the elite tourist area of Elounda, Crete. From its elevated position 80 meters above sea level, it enjoys uninterrupted views of the sea, the coastal hotel resorts and the hills and mountains.

The land is 4207 m2 in size and has the planning permission (allowance) for a house or houses of up to 190 m2, built on one or two floors, plus basement and attic. Plenty of surface would be left to make pools, terraces, pergolas, patios, garden areas, tennis court, parking spaces, etc. It has road access ans services (electricity, water supply, phone lines with broadband internet) are available on the spot.

Only 560 meters from the sea (on a straight line). In walking distance to the 9-hole golf course of Elounda. About a 15-minute walk (1.3 km) to the nearest beach. Only a short drive (less than 2 km) from the town of Elounda. Agios Nikolaos, the provincial capital, is about a 10-minute drive away. The international airport of Heraklion is about a 50-minute drive from here.

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). Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40 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 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 €279,000 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
€279,000 £233,289 £251,683 £18,394
Property Price € €279,000
Minimum cost in the last six months £233,289
Maximum cost in the last six months £251,683
Fluctuating exchange rates over the last six months could have increased the cost of this property by £18,394

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 €279,000 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
€279,000 £233,289 £251,683 £18,394
Property Price € €279,000
Minimum cost in the last six months £233,289
Maximum cost in the last six months £251,683
Fluctuating exchange rates over the last six months could have increased the cost of this property by £18,394

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 £18,394 more.

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