Large property with fabulous sea views on town edge

Agios Nikolaos, Greece

For Sale

€400,000

REF: 342492 €400,000


5

3

2011

210 m2

1000 m2

Description

This is a property situated in the outskirts of the popular tourist town of Agios Nikolaos, Crete. It is positioned on a hillside enjoying marvellous views of the town of Agios Nikolaos and the blue waters of the Mirabello bay. The property stands on three floors on a private plot of land of 1000m2 and offers, On the ground floor a two bedroom apartment (80m2)comprising a large living room with open plan diner, a large fully fitted kitchen, two double bedrooms with fitted wardrobes and a big bathroom.

All round the apartment there is a large covered, tile paved terrace. The apartment is equipped with central heating (wood pellet boiler) with radiators in all rooms. The two top floors are a half-finished maisonette apartment of 130m2. The maisonette is designed to be a 3 bedroom two bathroom house with large terraces offering great views of the bay.

The property is accessed via a private road. Plenty of parking spaces on the plot on which a pool can be made as well as a BBQ area. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 45 mins away from the international airport of Heraklion.

Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. Although Agios Nikolaos has a population of less than 20,000 it has a several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbour, cinema, theatre, gyms, a 9-hole golf course, schools ranging from nurseries to 6-level high school and generally all the amenities you would expect to find in a modern European town.

The microclimate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here. The international airport of Heraklion is a 45 minute drive from Agios Nikolaos (60km)
This is a property situated in the outskirts of the popular tourist town of Agios Nikolaos, Crete. It is positioned on a hillside enjoying marvellous views of the town of Agios Nikolaos and the blue waters of the Mirabello bay. The property stands on three floors on a private plot of land of 1000m2 and offers, On the ground floor a two bedroom apartment (80m2)comprising a large living room with open plan diner, a large fully fitted kitchen, two double bedrooms with fitted wardrobes and a big bathroom.

All round the apartment there is a large covered, tile paved terrace. The apartment is equipped with central heating (wood pellet boiler) with radiators in all rooms. The two top floors are a half-finished maisonette apartment of 130m2. The maisonette is designed to be a 3 bedroom two bathroom house with large terraces offering great views of the bay.

The property is accessed via a private road. Plenty of parking spaces on the plot on which a pool can be made as well as a BBQ area. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 45 mins away from the international airport of Heraklion.

Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. Although Agios Nikolaos has a population of less than 20,000 it has a several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbour, cinema, theatre, gyms, a 9-hole golf course, schools ranging from nurseries to 6-level high school and generally all the amenities you would expect to find in a modern European town.

The microclimate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here. The international airport of Heraklion is a 45 minute drive from Agios Nikolaos (60km)
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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 €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 £332,752 £344,248 £11,496
Property Price € €400,000
Minimum cost in the last six months £332,752
Maximum cost in the last six months £344,248
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,496

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 €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 £332,752 £344,248 £11,496
Property Price € €400,000
Minimum cost in the last six months £332,752
Maximum cost in the last six months £344,248
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,496

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 £11,496 more.

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