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Two storey stone house for renovation in the village of Kalo Chorio
Agios Nikolaos, Greece
REF: 566462
€68,000
Description
A two storey stone house located in the centre of the wonderful village of Kalo Chorio. The house of approximately 160m2 stands on 2 floors. The ground floor comprises 4 rooms and a front patio. An external and a wooden internal staircase leads up to the first floor, where are 3 rooms and a nice view terrace. The house can be renovated in to a two bedroom, two bathroom house with a nice yard and village views. Road access is very good and there is easy parking right in front of the property. Kalo Chorio is well known for its very good beaches and its peaceful and unspoiled natural environment. There are shops, cafes and taverns in the village which stay open all year round. Due to the village s close proximity to the town of Agios Nikolaos and the good, reliable bus service the local people can work in the neighboring resorts of Ag. Nikolaos and Elounda, keeping the village is alive and busy all through the year. 12 kilometers from the province capital Agios Nikolaos. 1 hour drive from the international airport Nikos Kazantzakis in Heraklion.
A two storey stone house located in the centre of the wonderful village of Kalo Chorio. The house of approximately 160m2 stands on 2 floors. The ground floor comprises 4 rooms and a front patio. An external and a wooden internal staircase leads up to the first floor, where are 3 rooms and a nice view terrace. The house can be renovated in to a two bedroom, two bathroom house with a nice yard and village views. Road access is very good and there is easy parking right in front of the property. Kalo Chorio is well known for its very good beaches and its peaceful and unspoiled natural environment. There are shops, cafes and taverns in the village which stay open all year round. Due to the village s close proximity to the town of Agios Nikolaos and the good, reliable bus service the local people can work in the neighboring resorts of Ag. Nikolaos and Elounda, keeping the village is alive and busy all through the year. 12 kilometers from the province capital Agios Nikolaos. 1 hour drive from the international airport Nikos Kazantzakis in 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 €68,000 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 |
|---|---|---|---|
| €68,000 | £56,325 | £58,470 | £2,145 |
| Property Price € | €68,000 |
| Minimum cost in the last six months | £56,325 |
| Maximum cost in the last six months | £58,470 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,145 |
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 €68,000 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 |
|---|---|---|---|
| €68,000 | £56,325 | £58,470 | £2,145 |
| Property Price € | €68,000 |
| Minimum cost in the last six months | £56,325 |
| Maximum cost in the last six months | £58,470 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,145 |
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 £2,145 more.
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