Beautiful seafront property in Sissi

Agios Nikolaos, Greece

For Sale

€690,000

REF: 692413 €690,000


8148 m2

8148 m2

Description

Exclusive seafront building plot of 8148 m2, nicely positioned first line on the sea, just a few hundred meters west of the picturesque coastal village of Sissi, Crete, enjoying unobstructed views of the sea. It has the pre-approval of a building license for a beautiful Mediterranean-style villa of 288 m2, with 4 en-suite bedrooms and a large pool of 70 m2.

The buyer can purchase the plot with the building license at the price of 690,000 and have the villa built by a construction company of his/her own choice. Another possible option is to buy the plot with the villa finished and key-ready (built by the seller's construction firm) at the price of 1,300,000 which also includes landscaping of the plot.

Estimated construction time: 14 months. The property has easy road access and electricity, water and phone lines with broadband internet are available right on the spot. Only a 2-minute drive (15-20 minutes walk) to the center of the village of Sissi with its pretty harbour, where many nice cafeterias and restaurants can be found as well as basic shopping options.

Only a few minutes drive (5 km) to the tourist town of Malia where many more amenities can be found. About a 20-minute drive to Agios Nikolaos (capital of the prefecture of Lasithi) and about 25 minutes to the international airport of Heraklion.
Exclusive seafront building plot of 8148 m2, nicely positioned first line on the sea, just a few hundred meters west of the picturesque coastal village of Sissi, Crete, enjoying unobstructed views of the sea. It has the pre-approval of a building license for a beautiful Mediterranean-style villa of 288 m2, with 4 en-suite bedrooms and a large pool of 70 m2.

The buyer can purchase the plot with the building license at the price of 690,000 and have the villa built by a construction company of his/her own choice. Another possible option is to buy the plot with the villa finished and key-ready (built by the seller's construction firm) at the price of 1,300,000 which also includes landscaping of the plot.

Estimated construction time: 14 months. The property has easy road access and electricity, water and phone lines with broadband internet are available right on the spot. Only a 2-minute drive (15-20 minutes walk) to the center of the village of Sissi with its pretty harbour, where many nice cafeterias and restaurants can be found as well as basic shopping options.

Only a few minutes drive (5 km) to the tourist town of Malia where many more amenities can be found. About a 20-minute drive to Agios Nikolaos (capital of the prefecture of Lasithi) and about 25 minutes to 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 €690,000 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
€690,000 £586,976 £604,813 £17,837
Property Price € €690,000
Minimum cost in the last six months £586,976
Maximum cost in the last six months £604,813
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,837

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 €690,000 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
€690,000 £586,976 £604,813 £17,837
Property Price € €690,000
Minimum cost in the last six months £586,976
Maximum cost in the last six months £604,813
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,837

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 £17,837 more.

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