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Spacious village house for renovation with nice views
Agios Nikolaos, Greece
REF: 751074
€60,000
Description
This is a house for renovation in the village of Houmeriakos, Agios Nikolaos, Lasithi, Crete, Houmeriakos is a traditional Cretan village in the center of the county of Mirabello, Lasithi with nice views of the Neapolis valley. It is only 3km from the small town of Neapolis and within walking distance to the village of Limnes. The 170m2 house is in the center of the village, on a slightly elevated position, enjoying the beautiful views of the village and the surrounding countryside. The first floor is about 80 m2 and currently consists of 1 living room, 1 kitchen, 1 bathroom and 2 bedrooms. There is also a nice front terrace with beautiful views and a second side veranda from the kitchen. Below the main house, on the ground floor there is a large sized (90 m2) storage room which needs to be restored and the property could become a lovely village house or even two comfortable apartments. There is ample parking in this area, just a few feet from the property. Electricity and water are available and easy to connect. The state of the building is good and not much work will be needed in order to renovate to a good standard. Houmeriakos is within a 10 minute drive to the cosmopolitan seaside town of Agios Nikolaos and several sandy beaches. Holiday resorts on the north coast such as Malia and Sissi are also within a 15 minute drive. The international airport of Heraklion, Crete is within a 40 minute drive from Houmeriakos. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40mins away from the international airport of Heraklion.
This is a house for renovation in the village of Houmeriakos, Agios Nikolaos, Lasithi, Crete, Houmeriakos is a traditional Cretan village in the center of the county of Mirabello, Lasithi with nice views of the Neapolis valley. It is only 3km from the small town of Neapolis and within walking distance to the village of Limnes. The 170m2 house is in the center of the village, on a slightly elevated position, enjoying the beautiful views of the village and the surrounding countryside. The first floor is about 80 m2 and currently consists of 1 living room, 1 kitchen, 1 bathroom and 2 bedrooms. There is also a nice front terrace with beautiful views and a second side veranda from the kitchen. Below the main house, on the ground floor there is a large sized (90 m2) storage room which needs to be restored and the property could become a lovely village house or even two comfortable apartments. There is ample parking in this area, just a few feet from the property. Electricity and water are available and easy to connect. The state of the building is good and not much work will be needed in order to renovate to a good standard. Houmeriakos is within a 10 minute drive to the cosmopolitan seaside town of Agios Nikolaos and several sandy beaches. Holiday resorts on the north coast such as Malia and Sissi are also within a 15 minute drive. The international airport of Heraklion, Crete is within a 40 minute drive from Houmeriakos. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40mins 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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