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Building plot in a nice area of Agios Nikolaos town
Agios Nikolaos, Greece
REF: 783727
€57,000
Description
Building plot of 145 m2, located in the southwest part of the town of Agios Nikolaos, in a very nice neighborhood with newly built houses. The plot has a planning permission (allowance) for a house of 116 m2 on up to 2 floors plus basement. It has easy road access and all services (electricity, water, telephone and broadband internet) are right on the spot. The nearest supermarkets are only 5 minutes walk away. The bus station is a 5-minute walk away. The nearest sandy beach and the town centre are only 1 km away. Agios Nikolaos is the capital of the Lassithi Prefecture and is located in Mirabello Bay, in north-eastern Crete, just 40 minutes away from Heraklion International Airport. Geographically the town is well protected from strong winds allowing water sports and swimming almost all year round. Although Agios Nikolaos has a population of less than 20. 000 inhabitants, it has several banks, supermarkets, shops of all kinds, doctors, a modern hospital of high standards, a public swimming pool and tennis courts, a marina for yachts, a harbour, a cinema, a theatre, gyms, a 9-hole golf course, schools ranging from kindergartens to a 6-year high school and generally all the amenities you would expect to find in a modern European city. The microclimate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here.
Building plot of 145 m2, located in the southwest part of the town of Agios Nikolaos, in a very nice neighborhood with newly built houses. The plot has a planning permission (allowance) for a house of 116 m2 on up to 2 floors plus basement. It has easy road access and all services (electricity, water, telephone and broadband internet) are right on the spot. The nearest supermarkets are only 5 minutes walk away. The bus station is a 5-minute walk away. The nearest sandy beach and the town centre are only 1 km away. Agios Nikolaos is the capital of the Lassithi Prefecture and is located in Mirabello Bay, in north-eastern Crete, just 40 minutes away from Heraklion International Airport. Geographically the town is well protected from strong winds allowing water sports and swimming almost all year round. Although Agios Nikolaos has a population of less than 20. 000 inhabitants, it has several banks, supermarkets, shops of all kinds, doctors, a modern hospital of high standards, a public swimming pool and tennis courts, a marina for yachts, a harbour, a cinema, a theatre, gyms, a 9-hole golf course, schools ranging from kindergartens to a 6-year high school and generally all the amenities you would expect to find in a modern European city. The microclimate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate 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 €57,000 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 |
|---|---|---|---|
| €57,000 | £48,489 | £49,963 | £1,473 |
| Property Price € | €57,000 |
| Minimum cost in the last six months | £48,489 |
| Maximum cost in the last six months | £49,963 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,473 |
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 €57,000 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 |
|---|---|---|---|
| €57,000 | £48,489 | £49,963 | £1,473 |
| Property Price € | €57,000 |
| Minimum cost in the last six months | £48,489 |
| Maximum cost in the last six months | £49,963 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,473 |
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 £1,473 more.
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