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Apartment block with great sea views
Agios Nikolaos, Greece
REF: 342547
€400,000
Description
Beautifully situated apartment block, of 4 spacious 1 bedroom apartments. Located only 400m from one of the sandy beaches of Istron and less than 1km from the main village of Istron and the shops. Agios Nikolaos town is less than a 10min drive from here. The building is all in one level and is a total of about 200m2 on a private plot of 3.000m2, each apartment is approx 50m2. Every apartment consists of: Living room/dining area, Kitchen, Double bedroom, Bathroom, Large terrace with fantastic uninterrupted sea views. The roof of the building is flat, so it could easily be used as a wonderful roof terrace, from which the sea views would be amazing. In the exterior, there is a landscaped garden and open parking for up to four vehicles. This is a really versatile property, as it is possible to use these as 4 separate units, or to connect them into 2 large 100m2 apartments, or it can even be used as one 200m2 villa. It would be possible to obtain an EOT (Tourist Rental) license for this property. Supermarkets, Tavernas, cafe/bars, pharmacy and other shops are all within 1km from the property. The town of Agios Nikolaos is less than 10min drive. And the International airport of Heraklion is about a 50min drive from here. Kalo Horio is the name generally given to three smaller areas Istron, Pyrgos and Arnikou. This area is situated between beautiful sandy bays and magnificent mountains about 10km south of the cosmopolitan town of Agios Nikolaos. It offers many amenities and there is a strong local community plus a few foreign residents in the area. This allows the local shops a 12 month a year business rather than just summer season openings. Thousands of visitors come to Kalo Horio to visit its three lovely beaches Aghios Panteleimon, Karavostasi and the golden beach of Voulisma. There is a very good bus system connecting Kalo Horio to the rest of the island that operates on an hourly basis.
Beautifully situated apartment block, of 4 spacious 1 bedroom apartments. Located only 400m from one of the sandy beaches of Istron and less than 1km from the main village of Istron and the shops. Agios Nikolaos town is less than a 10min drive from here. The building is all in one level and is a total of about 200m2 on a private plot of 3.000m2, each apartment is approx 50m2. Every apartment consists of: Living room/dining area, Kitchen, Double bedroom, Bathroom, Large terrace with fantastic uninterrupted sea views. The roof of the building is flat, so it could easily be used as a wonderful roof terrace, from which the sea views would be amazing. In the exterior, there is a landscaped garden and open parking for up to four vehicles. This is a really versatile property, as it is possible to use these as 4 separate units, or to connect them into 2 large 100m2 apartments, or it can even be used as one 200m2 villa. It would be possible to obtain an EOT (Tourist Rental) license for this property. Supermarkets, Tavernas, cafe/bars, pharmacy and other shops are all within 1km from the property. The town of Agios Nikolaos is less than 10min drive. And the International airport of Heraklion is about a 50min drive from here. Kalo Horio is the name generally given to three smaller areas Istron, Pyrgos and Arnikou. This area is situated between beautiful sandy bays and magnificent mountains about 10km south of the cosmopolitan town of Agios Nikolaos. It offers many amenities and there is a strong local community plus a few foreign residents in the area. This allows the local shops a 12 month a year business rather than just summer season openings. Thousands of visitors come to Kalo Horio to visit its three lovely beaches Aghios Panteleimon, Karavostasi and the golden beach of Voulisma. There is a very good bus system connecting Kalo Horio to the rest of the island that operates on an hourly basis.
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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 | £331,324 | £343,780 | £12,456 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £331,324 |
| 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 | £12,456 |
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 | £331,324 | £343,780 | £12,456 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £331,324 |
| 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 | £12,456 |
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 £12,456 more.
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