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Plot with amazing sea views in Sfakaki
Arkadi, Crete , Greece
REF: 782364
€265,000
Description
This 1079 sq.m plot of land, located in the charming Sfakaki village, offers an excellent opportunity for a mixed-use development. With a building allowance of 400 sq.m for a house and 600 sq.m for commercial use, the possibilities are endless. Situated just 11 km away from the vibrant city of Rethymno, residents will enjoy easy access to city amenities and cultural attractions. Moreover, the plot is conveniently positioned a mere 700 meters from a pristine sandy beach, making it perfect for beach lovers. In the vicinity, you'll find all the necessary amenities, ensuring a comfortable and convenient lifestyle. For travelers, the Heraklion airport is a reasonable 68 km away, making it accessible for both domestic and international flights. Whether you're looking to create a beautiful home, establish a thriving commercial venture, or a combination of both, this plot in Sfakaki village offers a prime location with plenty of potential.
This 1079 sq.m plot of land, located in the charming Sfakaki village, offers an excellent opportunity for a mixed-use development. With a building allowance of 400 sq.m for a house and 600 sq.m for commercial use, the possibilities are endless. Situated just 11 km away from the vibrant city of Rethymno, residents will enjoy easy access to city amenities and cultural attractions. Moreover, the plot is conveniently positioned a mere 700 meters from a pristine sandy beach, making it perfect for beach lovers. In the vicinity, you'll find all the necessary amenities, ensuring a comfortable and convenient lifestyle. For travelers, the Heraklion airport is a reasonable 68 km away, making it accessible for both domestic and international flights. Whether you're looking to create a beautiful home, establish a thriving commercial venture, or a combination of both, this plot in Sfakaki village offers a prime location with plenty of potential.
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Currency Exchange
Arkadi, Crete , 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £225,433 | £232,283 | £6,850 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £225,433 |
| Maximum cost in the last six months | £232,283 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,850 |
Arkadi, Crete , 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £225,433 | £232,283 | £6,850 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £225,433 |
| Maximum cost in the last six months | £232,283 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,850 |
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 £6,850 more.
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