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Traditional Cretan style house with lovely garden and terrace
Agios Nikolaos, Greece
REF: 544628
€80,000
Description
A renovated Cretan old house situated within the traditional village of Vrachasi. The village of Vrachasi is one of the oldest villages in the area. It has managed to keep its traditional Cretan atmosphere and ways, although high profiled tourist resorts like Sissi, Milatos and Malia are less than ten minute drive from here. The two floor 101 m2 house stands on a plot of 194,06m2 and is accessed by a quiet village street. The ground floor comprises a spacious living room/dining area, a kitchen area with sink and a big storage room, which can easily become an extra bedroom. An internal staircase leads up to the 1st floor, where there is a very comfortable, bright bedroom with wooden floor and traditional wooded ceiling. The room has access to a spacious terrace with very pleasant view. To the right of the terrace there is a staircase leading down to the exterior toilet of the house and to the very beautiful garden. The bathroom could be internally connected with the main living space. The house is in good condition and is ready to move into. It is sold fully furnished and equipped. The town of Agios Nikolaos is a 15 minute drive from Vrahasi. The international airport of Heraklion is a 30 minute drive from Vrahasi. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 45mins away from the international airport of Heraklion.
A renovated Cretan old house situated within the traditional village of Vrachasi. The village of Vrachasi is one of the oldest villages in the area. It has managed to keep its traditional Cretan atmosphere and ways, although high profiled tourist resorts like Sissi, Milatos and Malia are less than ten minute drive from here. The two floor 101 m2 house stands on a plot of 194,06m2 and is accessed by a quiet village street. The ground floor comprises a spacious living room/dining area, a kitchen area with sink and a big storage room, which can easily become an extra bedroom. An internal staircase leads up to the 1st floor, where there is a very comfortable, bright bedroom with wooden floor and traditional wooded ceiling. The room has access to a spacious terrace with very pleasant view. To the right of the terrace there is a staircase leading down to the exterior toilet of the house and to the very beautiful garden. The bathroom could be internally connected with the main living space. The house is in good condition and is ready to move into. It is sold fully furnished and equipped. The town of Agios Nikolaos is a 15 minute drive from Vrahasi. The international airport of Heraklion is a 30 minute drive from Vrahasi. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 45mins away from the international airport of Heraklion.
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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 €80,000 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 |
|---|---|---|---|
| €80,000 | £66,265 | £68,756 | £2,491 |
| Property Price € | €80,000 |
| Minimum cost in the last six months | £66,265 |
| Maximum cost in the last six months | £68,756 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,491 |
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 €80,000 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 |
|---|---|---|---|
| €80,000 | £66,265 | £68,756 | £2,491 |
| Property Price € | €80,000 |
| Minimum cost in the last six months | £66,265 |
| Maximum cost in the last six months | £68,756 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,491 |
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 £2,491 more.
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