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Beautiful corner, stone house with large garden for renovation
Agios Nikolaos, Greece
REF: 408026
€140,000
Description
A two storey stone house located in the centre of the wonderful village of Milatos. The building is approximately 90m2 and has a back yard, a small front yard and a terrace on the first floor. It would make a comfortable 2 bedroom house. There are nice sea and mountain views from the first floor terrace. The house is in need of renovation, however it is not a total ruin. With little work it could be made habitable. Next to the house is a plot of 340m2 which is sold together with the house. It is possible to construct an other house or houses of a total of 200m2 on this plot. Road access is very good and there is easy parking right in front of the property. 1000m to the Beach of Milatos, which has many restaurants and some Cafes and shops. About 25min from Agios Nikolaos town and about 30-35min from Heraklion and the International airport.
A two storey stone house located in the centre of the wonderful village of Milatos. The building is approximately 90m2 and has a back yard, a small front yard and a terrace on the first floor. It would make a comfortable 2 bedroom house. There are nice sea and mountain views from the first floor terrace. The house is in need of renovation, however it is not a total ruin. With little work it could be made habitable. Next to the house is a plot of 340m2 which is sold together with the house. It is possible to construct an other house or houses of a total of 200m2 on this plot. Road access is very good and there is easy parking right in front of the property. 1000m to the Beach of Milatos, which has many restaurants and some Cafes and shops. About 25min from Agios Nikolaos town and about 30-35min from Heraklion and the International airport.
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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 €140,000 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 |
|---|---|---|---|
| €140,000 | £115,963 | £120,323 | £4,360 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £115,963 |
| Maximum cost in the last six months | £120,323 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,360 |
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 €140,000 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 |
|---|---|---|---|
| €140,000 | £115,963 | £120,323 | £4,360 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £115,963 |
| Maximum cost in the last six months | £120,323 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,360 |
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 £4,360 more.
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