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1 Room apartment in nice location, walking distance to the beach
Ierapetra, Greece
REF: 790300
€65,000
Description
4 similar ground and 1st floor apartments 1km from the picturesque and developing coastal resort of Makrigialos, Ierapetra, Lasithi, Crete. The building is located in a very peaceful area enjoying the nature while one of the most beautiful sandy beaches of the area is 600m away. Each apartment is approximately 33 sqm and consists of an open plan lounge/kitchen, a comfortable bedroom with fitted wardrobe and a bathroom with bathtub. At the moment there are 4 available apartments, 1 on the ground and 3 on the first floor. The ground floor apartment has a front porch and the 1st floor apartments have their own balconies. The unit enjoys beautiful surrounding views, has good road access and easy parking on the spot. In the same building is for sale a larger apartment of 180 m2, more details are available HERE. The traditional fishing village of Makrigialos is situated in the south-east area of the island of Crete. It is an unspoilt area known for its spotless sandy beaches and good climate. There are plenty sea front tavernas and cafes as well as shops, pharmacies and other services in the village. The larger town of Ierapetra is a 20 minute drive from Makrigialos. The international airport of Heraklion is a 1 hour 35 minute drive from Makrigialos.
4 similar ground and 1st floor apartments 1km from the picturesque and developing coastal resort of Makrigialos, Ierapetra, Lasithi, Crete. The building is located in a very peaceful area enjoying the nature while one of the most beautiful sandy beaches of the area is 600m away. Each apartment is approximately 33 sqm and consists of an open plan lounge/kitchen, a comfortable bedroom with fitted wardrobe and a bathroom with bathtub. At the moment there are 4 available apartments, 1 on the ground and 3 on the first floor. The ground floor apartment has a front porch and the 1st floor apartments have their own balconies. The unit enjoys beautiful surrounding views, has good road access and easy parking on the spot. In the same building is for sale a larger apartment of 180 m2, more details are available HERE. The traditional fishing village of Makrigialos is situated in the south-east area of the island of Crete. It is an unspoilt area known for its spotless sandy beaches and good climate. There are plenty sea front tavernas and cafes as well as shops, pharmacies and other services in the village. The larger town of Ierapetra is a 20 minute drive from Makrigialos. The international airport of Heraklion is a 1 hour 35 minute drive from Makrigialos.
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Currency Exchange
Ierapetra, 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 €65,000 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 |
|---|---|---|---|
| €65,000 | £55,295 | £56,972 | £1,677 |
| Property Price € | €65,000 |
| Minimum cost in the last six months | £55,295 |
| Maximum cost in the last six months | £56,972 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,677 |
Ierapetra, 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 €65,000 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 |
|---|---|---|---|
| €65,000 | £55,295 | £56,972 | £1,677 |
| Property Price € | €65,000 |
| Minimum cost in the last six months | £55,295 |
| Maximum cost in the last six months | £56,972 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,677 |
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 £1,677 more.
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