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Unique, large building for renovation with garden and great views
Agios Nikolaos, Greece
REF: 408025
€70,000
Description
Traditional Cretan house for renovation only a short drive from the cosmopolitan tourist town of Agios Nikolaos and to several award winning sandy beaches. The house is in the valley of Lakonia in the small hillside village of Fiorentzides. Fiorentzides is a small village which is within walking distance to several other small villages such as Panagia, Karterides, Peponides, Marnelides and others. There are several coffee shops and restaurants in Lakonia. The building is a total of 233m2 on two floors. It could be used as one large villa or it could be split into smaller houses. To the back of the building is a very nice garden of about 200m2 which can also be accessed by a car. It is possible to have a swimming pool, parking, terraces, BBQ area on this open space. The house is a 40 minute drive to the international airport of Heraklion , Crete. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete. 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 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.
Traditional Cretan house for renovation only a short drive from the cosmopolitan tourist town of Agios Nikolaos and to several award winning sandy beaches. The house is in the valley of Lakonia in the small hillside village of Fiorentzides. Fiorentzides is a small village which is within walking distance to several other small villages such as Panagia, Karterides, Peponides, Marnelides and others. There are several coffee shops and restaurants in Lakonia. The building is a total of 233m2 on two floors. It could be used as one large villa or it could be split into smaller houses. To the back of the building is a very nice garden of about 200m2 which can also be accessed by a car. It is possible to have a swimming pool, parking, terraces, BBQ area on this open space. The house is a 40 minute drive to the international airport of Heraklion , Crete. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete. 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 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.
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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 €70,000 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 |
|---|---|---|---|
| €70,000 | £57,673 | £60,162 | £2,489 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £57,673 |
| Maximum cost in the last six months | £60,162 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,489 |
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 €70,000 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 |
|---|---|---|---|
| €70,000 | £57,673 | £60,162 | £2,489 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £57,673 |
| Maximum cost in the last six months | £60,162 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,489 |
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 £2,489 more.
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