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Seaview building plot in the elite tourist area of Elounda
Agios Nikolaos, Greece
REF: 342405
€330,000
Description
Plot of building land that enjoys lovely unobscured views of the coastal resort of Elounda, the Elounda Bay, the Isle of Kolokytha, the Mirabello Bay and the mountains. It has the planning permission for a house or houses of up to 238 m2, on one or two floors, plus basement and attic. Enough space would be left to make swimming pool(s), verandas, terraces, parking spaces, tennis court, etc. The plot has good road access and services such as power, water and phone lines with broadband internet are present. The elite tourist resort of Elounda is only a few minutes drive from the land. There is a wonderful organized sandy beach in Elounda as well as all kind of shops and amenities for basic needs. The province capital, Agios Nikolaos is a 12 minute drivefrom the plot. Only an hour drive from the international airport of Heraklion. Elounda Elounta was a small fishing town on the Mirabello Bay, on the island of Crete. Although fishing is still a large part of life in this very picturesque area, tourism has taken over as the main industry of Elounda. It is part of the municipality Agios Nikolaos. It is popular with European tourists and has many hotels including several 5*hotels. Elounda is also the closest major town to the former leper colony of Spinalonga. The town is a 10 minute drive to Agios Nikolaos and the village of Plaka (Lasithi).
Plot of building land that enjoys lovely unobscured views of the coastal resort of Elounda, the Elounda Bay, the Isle of Kolokytha, the Mirabello Bay and the mountains. It has the planning permission for a house or houses of up to 238 m2, on one or two floors, plus basement and attic. Enough space would be left to make swimming pool(s), verandas, terraces, parking spaces, tennis court, etc. The plot has good road access and services such as power, water and phone lines with broadband internet are present. The elite tourist resort of Elounda is only a few minutes drive from the land. There is a wonderful organized sandy beach in Elounda as well as all kind of shops and amenities for basic needs. The province capital, Agios Nikolaos is a 12 minute drivefrom the plot. Only an hour drive from the international airport of Heraklion. Elounda Elounta was a small fishing town on the Mirabello Bay, on the island of Crete. Although fishing is still a large part of life in this very picturesque area, tourism has taken over as the main industry of Elounda. It is part of the municipality Agios Nikolaos. It is popular with European tourists and has many hotels including several 5*hotels. Elounda is also the closest major town to the former leper colony of Spinalonga. The town is a 10 minute drive to Agios Nikolaos and the village of Plaka (Lasithi).
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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 €330,000 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 |
|---|---|---|---|
| €330,000 | £271,887 | £283,619 | £11,732 |
| Property Price € | €330,000 |
| Minimum cost in the last six months | £271,887 |
| Maximum cost in the last six months | £283,619 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,732 |
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 €330,000 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 |
|---|---|---|---|
| €330,000 | £271,887 | £283,619 | £11,732 |
| Property Price € | €330,000 |
| Minimum cost in the last six months | £271,887 |
| Maximum cost in the last six months | £283,619 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,732 |
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 £11,732 more.
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