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Two storey house for renovation in traditional village of Pines
Agios Nikolaos, Greece
REF: 735816
€95,000
Description
An old stone house, nicely positioned at the traditional village of Kato Pines, close to the tourist resort Elounda and the sandy beaches. The building is a total of approximate 120m2 on two floors (60m2+60m2), on a private plot of about 200m2. It could be renovated into a wonderful two bedroom house with garden that enjoys very nice mountain views. At the moment the two-storey house comprises on the upper floor 3 rooms plus wc, opening onto a front patio and on the lower floor a large room leading to the courtyard. Water and electricity lines are right in front of the property. Broadband internet is available in the area. Road access from both side of the house are very good. Easy parking just next to the house. The elite tourist resort of Elounda is less than a 5 minute drive from the house. The province capital, Agios Nikolaos is a 20 minute drive. Only an hour drive from international airport of Heraklion "Nikos Kazantzakis" Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 45 mins away from the international airport of Heraklion. Although Agios Nikolaos has a population of less than 20,000 it has a 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.
An old stone house, nicely positioned at the traditional village of Kato Pines, close to the tourist resort Elounda and the sandy beaches. The building is a total of approximate 120m2 on two floors (60m2+60m2), on a private plot of about 200m2. It could be renovated into a wonderful two bedroom house with garden that enjoys very nice mountain views. At the moment the two-storey house comprises on the upper floor 3 rooms plus wc, opening onto a front patio and on the lower floor a large room leading to the courtyard. Water and electricity lines are right in front of the property. Broadband internet is available in the area. Road access from both side of the house are very good. Easy parking just next to the house. The elite tourist resort of Elounda is less than a 5 minute drive from the house. The province capital, Agios Nikolaos is a 20 minute drive. Only an hour drive from international airport of Heraklion "Nikos Kazantzakis" Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 45 mins away from the international airport of Heraklion. Although Agios Nikolaos has a population of less than 20,000 it has a 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.
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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 €95,000 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 |
|---|---|---|---|
| €95,000 | £80,816 | £83,271 | £2,456 |
| Property Price € | €95,000 |
| Minimum cost in the last six months | £80,816 |
| Maximum cost in the last six months | £83,271 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,456 |
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 €95,000 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 |
|---|---|---|---|
| €95,000 | £80,816 | £83,271 | £2,456 |
| Property Price € | €95,000 |
| Minimum cost in the last six months | £80,816 |
| Maximum cost in the last six months | £83,271 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,456 |
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 £2,456 more.
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