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Building plot with olive grove in Sissi, Crete
Agios Nikolaos, Greece
REF: 566456
€150,000
Description
Building plot of 6315 m2, nicely positioned in the area of the coastal tourist resort of Sissi, Crete. The plot has the planning permission (allowance) for the construction of a villa or villas of up to a total of 246 m2, built on one or two floors, plus basement and attic. Plenty of space would be left to make swimming pool(s), open or covered verandas and terraces, parking spaces, garden areas, etc. The land is currently used as an olive grove with about 100 olive trees. It has road access (agricultural road) and all services (electricity, water supply, telephone and broadband internet) are available on site. It enjoys views of the sea and the surrounding countryside and mountains. The nearest organized beach is in walking distance to the plot (about 1 km away). Only about a 3-minute drive to the center of the nearby village of Sissi where there are several restaurants, cafeterias, bars, shops, supermarkets and other amenities for basic needs. There is also a small harbour where boat owners can tie their boat. About an 8-minute drive to the popular tourist resort of Malia which offers a large variety of shops, restaurants, bars, night clubs and other amenities. The international airport of Heraklion is about a 30-minute drive away.
Building plot of 6315 m2, nicely positioned in the area of the coastal tourist resort of Sissi, Crete. The plot has the planning permission (allowance) for the construction of a villa or villas of up to a total of 246 m2, built on one or two floors, plus basement and attic. Plenty of space would be left to make swimming pool(s), open or covered verandas and terraces, parking spaces, garden areas, etc. The land is currently used as an olive grove with about 100 olive trees. It has road access (agricultural road) and all services (electricity, water supply, telephone and broadband internet) are available on site. It enjoys views of the sea and the surrounding countryside and mountains. The nearest organized beach is in walking distance to the plot (about 1 km away). Only about a 3-minute drive to the center of the nearby village of Sissi where there are several restaurants, cafeterias, bars, shops, supermarkets and other amenities for basic needs. There is also a small harbour where boat owners can tie their boat. About an 8-minute drive to the popular tourist resort of Malia which offers a large variety of shops, restaurants, bars, night clubs and other amenities. The international airport of Heraklion is about a 30-minute drive away.
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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 €150,000 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 |
|---|---|---|---|
| €150,000 | £124,247 | £128,997 | £4,751 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £124,247 |
| Maximum cost in the last six months | £128,997 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,751 |
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 €150,000 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 |
|---|---|---|---|
| €150,000 | £124,247 | £128,997 | £4,751 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £124,247 |
| Maximum cost in the last six months | £128,997 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,751 |
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 £4,751 more.
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