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Rural seaview building plot
Agios Nikolaos, Greece
REF: 721815
€60,000
Description
Rural building plot of 4130 m2, nicely positioned at the slope of a hill in the quiet area of Selles, north of the high-class tourist resort of Plaka-Elounda. Due to its elevated position and inclination, the plot enjoys unobstructed views of the sea (to the north) and the surrounding hills and countryside. It has the planning permission (allowance) for a house or houses of a total of 203 m2, built on one or two floors, plus basement and attic. Plenty of space would be left to make swimming pool(s), open & covered verandas and terraces, parking space, garden areas etc. There is road access and electricity and water is available right next to the land. Distance to the sea (beach of Selles): about 980 meters (on a straight line). The tourist resort of Plaka, Elounda is about a 14 minute drive (8 km) from the plot. In Plaka and Elounda can be found many more shopping possibilities and amenities as well as nice organized beaches. The international airport of Heraklion is about 1 hour 10 minutes from here.
Rural building plot of 4130 m2, nicely positioned at the slope of a hill in the quiet area of Selles, north of the high-class tourist resort of Plaka-Elounda. Due to its elevated position and inclination, the plot enjoys unobstructed views of the sea (to the north) and the surrounding hills and countryside. It has the planning permission (allowance) for a house or houses of a total of 203 m2, built on one or two floors, plus basement and attic. Plenty of space would be left to make swimming pool(s), open & covered verandas and terraces, parking space, garden areas etc. There is road access and electricity and water is available right next to the land. Distance to the sea (beach of Selles): about 980 meters (on a straight line). The tourist resort of Plaka, Elounda is about a 14 minute drive (8 km) from the plot. In Plaka and Elounda can be found many more shopping possibilities and amenities as well as nice organized beaches. The international airport of Heraklion is about 1 hour 10 minutes from 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 €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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