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Seaview plot with build
Agios Nikolaos, Greece
REF: 793600
€120,000
Description
Building plot of 4291 m2, nicely positioned on gently sloping terrain south of the coastal tourist resort of Sissi, Crete. From its elevated position about 120m above sea level, the land enjoys unobstructed views of the sea, the surrounding countryside and the mountains. The plot has a building license for a 3-bedroom bungalow-villa of 112 m2 + 114 m2 of basement. The license is valid until the end of 2024, with the possibility to have it renewed. The total building capacity of this plot is 206 m2 (plus basement), so it is possible to apply for a new build. license for a much larger villa than the one that has been planned by the current owner, or even for 2-3 smaller houses. Enough space would be left to make swimming pool(s), open or covered verandas and terraces, parking spaces, garden areas, etc. The land has road access and all services (electricity, water supply, telephone and broadband internet) are available next door. Distance from the sea (on a straight line): about 2.4 km. The picturesque coastal village of Sissi and the nearest beach is about an 8-minute drive away. About a 12-minute drive to the popular tourist resort of Malia where there can be found a large variety of shops, restaurants, bars, night clubs and other amenities. The international airport of Heraklion is about a 30-minute drive away.
Building plot of 4291 m2, nicely positioned on gently sloping terrain south of the coastal tourist resort of Sissi, Crete. From its elevated position about 120m above sea level, the land enjoys unobstructed views of the sea, the surrounding countryside and the mountains. The plot has a building license for a 3-bedroom bungalow-villa of 112 m2 + 114 m2 of basement. The license is valid until the end of 2024, with the possibility to have it renewed. The total building capacity of this plot is 206 m2 (plus basement), so it is possible to apply for a new build. license for a much larger villa than the one that has been planned by the current owner, or even for 2-3 smaller houses. Enough space would be left to make swimming pool(s), open or covered verandas and terraces, parking spaces, garden areas, etc. The land has road access and all services (electricity, water supply, telephone and broadband internet) are available next door. Distance from the sea (on a straight line): about 2.4 km. The picturesque coastal village of Sissi and the nearest beach is about an 8-minute drive away. About a 12-minute drive to the popular tourist resort of Malia where there can be found a large variety of shops, restaurants, bars, night clubs and other amenities. The international airport of Heraklion is about a 30-minute drive away.
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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 €120,000 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 |
|---|---|---|---|
| €120,000 | £102,083 | £105,179 | £3,096 |
| Property Price € | €120,000 |
| Minimum cost in the last six months | £102,083 |
| Maximum cost in the last six months | £105,179 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,096 |
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 €120,000 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 |
|---|---|---|---|
| €120,000 | £102,083 | £105,179 | £3,096 |
| Property Price € | €120,000 |
| Minimum cost in the last six months | £102,083 |
| Maximum cost in the last six months | £105,179 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,096 |
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 £3,096 more.
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