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Beautiful hotel complex in desired location
Agios Nikolaos, Greece
REF: 342394
€850,000
Description
This is a beautiful hotel complex in the area of Katsikia, Agios Nikolaos an area known for its magnificent views of the Mirabello bay and the town of Agios Nikolaos. The Complex is 680,00 sq.m. and it is located on a plot of 5.500,00 sq.m. The complex is consisted of a fully equipped private villa and 11 independent fully equipped apartments, all with balconies, kitchenettes, sitting areas and shower rooms. Furthermore, the property provides a spacious private parking lot, a spacious swimming pool with a pool bar, and a reception area in the entrance of the property. The Complex premises are divided into the main, the auxiliary and the pool area. The hotel has been doing very well as a business and has very good ratings on the top holiday portals as well as having an established dedicated website. 5 minutes drive away lies the picturesque lake of Agios Nikolaos. Νew international airport in Kasteli, estimated to be approximately 1 hour from Katsikia In Elounda which is a 7 minutes drive away, you can find luxury villas, luxury resorts and exclusive residences At a short distance by car, you will find yourself at well-known beaches of Crete, such as Voulisma beach and Plaka beach overlooking Spinalonga.
This is a beautiful hotel complex in the area of Katsikia, Agios Nikolaos an area known for its magnificent views of the Mirabello bay and the town of Agios Nikolaos. The Complex is 680,00 sq.m. and it is located on a plot of 5.500,00 sq.m. The complex is consisted of a fully equipped private villa and 11 independent fully equipped apartments, all with balconies, kitchenettes, sitting areas and shower rooms. Furthermore, the property provides a spacious private parking lot, a spacious swimming pool with a pool bar, and a reception area in the entrance of the property. The Complex premises are divided into the main, the auxiliary and the pool area. The hotel has been doing very well as a business and has very good ratings on the top holiday portals as well as having an established dedicated website. 5 minutes drive away lies the picturesque lake of Agios Nikolaos. Νew international airport in Kasteli, estimated to be approximately 1 hour from Katsikia In Elounda which is a 7 minutes drive away, you can find luxury villas, luxury resorts and exclusive residences At a short distance by car, you will find yourself at well-known beaches of Crete, such as Voulisma beach and Plaka beach overlooking Spinalonga.
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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 €850,000 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 |
|---|---|---|---|
| €850,000 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
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 €850,000 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 |
|---|---|---|---|
| €850,000 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
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 £26,469 more.
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