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Beautiful sea and mountain views in Episkopi
Episkopi, Rethymnon, Greece
REF: 547231
€125,000
Description
This land for sale in Rethymnon, is located in the popular and large village of Episkopi. It has got a total surface of 923,39 sqms and a total building density of 400 sqms. The location offers very nice sea and mountain views. All the amenities such as supermarkets, stores, taverns, pharmacies and banks you might need are nearby and within a walking distance, since the village has all-year-round permament residents. In general, the plot is located near the center of the village and electricity/water installations are nearby. The property is 25 minutes away from the city center of Rethymnon and the nearest sandy beach is located only 5 minutes away with the car. It is also important to highlight that this location offers easy access to the highway that connects the whole northern section of Crete, from Chania to Agios Nikolaos. Lastly, there is a possibility to build a small hotel as a tourist investment, as well as a beautiful detached villa with a pool, enjoying unobstructed views to the sea. Right now the property has some plans inside, as well as an apricot tree.
This land for sale in Rethymnon, is located in the popular and large village of Episkopi. It has got a total surface of 923,39 sqms and a total building density of 400 sqms. The location offers very nice sea and mountain views. All the amenities such as supermarkets, stores, taverns, pharmacies and banks you might need are nearby and within a walking distance, since the village has all-year-round permament residents. In general, the plot is located near the center of the village and electricity/water installations are nearby. The property is 25 minutes away from the city center of Rethymnon and the nearest sandy beach is located only 5 minutes away with the car. It is also important to highlight that this location offers easy access to the highway that connects the whole northern section of Crete, from Chania to Agios Nikolaos. Lastly, there is a possibility to build a small hotel as a tourist investment, as well as a beautiful detached villa with a pool, enjoying unobstructed views to the sea. Right now the property has some plans inside, as well as an apricot tree.
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Currency Exchange
Episkopi, Rethymnon, 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 €125,000 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 |
|---|---|---|---|
| €125,000 | £102,988 | £107,431 | £4,444 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £102,988 |
| Maximum cost in the last six months | £107,431 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,444 |
Episkopi, Rethymnon, 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 €125,000 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 |
|---|---|---|---|
| €125,000 | £102,988 | £107,431 | £4,444 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £102,988 |
| Maximum cost in the last six months | £107,431 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,444 |
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 £4,444 more.
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