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House with garden, in beautiful traditional Village
Agios Nikolaos, Greece
REF: 647802
€60,000
Description
House for renovation with garden, located in the center of the beautiful traditional Village of Fourni, Agios Nikolaos. The house consists of five rooms, of a total of 110m2. There is a wonderful square courtyard in the middle of the property which connects all the rooms. The property requires full renovation however one of the rooms is in livable condition and two more only seem to require minor renovations. Electricity and water is connected, but upgrades are needed. It can be converted into a beautiful 2 bedroom house or even a one bedroom house with guest house. There is easy parking just outside the property and it would even be possible to make a private parking in the property. The property is very close to a few taverns and traditional coffee shops. Fourni is a lovely village set between the small towns of Neapoli and Elounda. It is one of the most pretty villages in the region and it has been named a traditional village which means houses have to be restored with respect to the original style without the use of plastic, aluminum etc. All amenities are within a short drive to Fourni and there are also a few shops and taverns in the village. The international airport of Heraklion is a 40 minute drive away. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 50mins away from the international airport of Heraklion.
House for renovation with garden, located in the center of the beautiful traditional Village of Fourni, Agios Nikolaos. The house consists of five rooms, of a total of 110m2. There is a wonderful square courtyard in the middle of the property which connects all the rooms. The property requires full renovation however one of the rooms is in livable condition and two more only seem to require minor renovations. Electricity and water is connected, but upgrades are needed. It can be converted into a beautiful 2 bedroom house or even a one bedroom house with guest house. There is easy parking just outside the property and it would even be possible to make a private parking in the property. The property is very close to a few taverns and traditional coffee shops. Fourni is a lovely village set between the small towns of Neapoli and Elounda. It is one of the most pretty villages in the region and it has been named a traditional village which means houses have to be restored with respect to the original style without the use of plastic, aluminum etc. All amenities are within a short drive to Fourni and there are also a few shops and taverns in the village. The international airport of Heraklion is a 40 minute drive away. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 50mins away from the international airport of Heraklion.
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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 €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 |
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 €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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