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Hillside plot-high investment potential
Apokoronas, Almyrida, Chania, Greece
REF: 307395
€400,000
Description
This large hillside land property for sale in Apokoronas Almyrida, is located just three minutes walk from the sandy beach of Almyrida. The plot is 1544sqm in size with a high building density of 900sqm. This makes the property an ideal option for commercial investment, as it can be subdivided into six smaller plots with an allowance to build 150sqm on each. Each unit can be built to offer beautiful sea views as well as views of Crete s White Mountains. The traditional village of Almirida offers all necessary amentities including several restaurants and fresh fish taverns, numerous cafes,night clubs and mini-markets. All additional amenities can be found in the nearby town of Kalyves just 10 mins drive away. The cosmopolitan city of Chania is just 20 mins drive away. The property is just 300m from the beautiful sandy beach of Almyrida. The utilities of electricity and water are next to the plot for easy and cost effective connection.
This large hillside land property for sale in Apokoronas Almyrida, is located just three minutes walk from the sandy beach of Almyrida. The plot is 1544sqm in size with a high building density of 900sqm. This makes the property an ideal option for commercial investment, as it can be subdivided into six smaller plots with an allowance to build 150sqm on each. Each unit can be built to offer beautiful sea views as well as views of Crete s White Mountains. The traditional village of Almirida offers all necessary amentities including several restaurants and fresh fish taverns, numerous cafes,night clubs and mini-markets. All additional amenities can be found in the nearby town of Kalyves just 10 mins drive away. The cosmopolitan city of Chania is just 20 mins drive away. The property is just 300m from the beautiful sandy beach of Almyrida. The utilities of electricity and water are next to the plot for easy and cost effective connection.
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Currency Exchange
Apokoronas, Almyrida, Chania, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £329,560 | £343,780 | £14,220 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £329,560 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,220 |
Apokoronas, Almyrida, Chania, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £329,560 | £343,780 | £14,220 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £329,560 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,220 |
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 £14,220 more.
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