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Seaview building plot in quiet countryside
Agios Nikolaos, Greece
REF: 597149
€89,000
Description
Fairly large building plot (9420 m2), nicely positioned in the hills of Loumas, a few kilometers north-west of the established elite tourist resorts of Plaka and Elounda. From its elevated position (about 460 meters) above sea level, the land enjoys unobstructed views of the sea and the surrounding hills and mountains. It has the planning permission (allowance) for a house or houses of up to a total of 294 sq. meters on one or two floors, plus basement and attic. Plenty of space would be left to make terraces, swimming pool(s), pergolas, garden, parking spaces, etc. The land is accessible via an agricultural road and electricity, water supply and phone lines are only a few hundred meters away. About 1 km to the nearest village (Epano Loumas). About 10 km (15-minute drive) to the nice pebble beach and the coastal village of Plaka. The luxury resort of Elounda is about a 20-minute drive from the plot and the modern tourist town of Agios Nikolaos is approx. 30 minutes away. The international airport of Heraklion is approx. a 70-min. drive away. Elounda Elounda was a small fishing town on the Mirabello Bay, on the island of Crete. Although fishing is still a large part of life in this very picturesque area, tourism has taken over as the main industry of Elounda. It is part of the municipality Agios Nikolaos. It is popular with European tourists and has many hotels including several 5*hotels. Elounda is also the closest major town to the former leper colony of Spinalonga. The town is a 10 minute drive to Agios Nikolaos and the village of Plaka (Lasithi).
Fairly large building plot (9420 m2), nicely positioned in the hills of Loumas, a few kilometers north-west of the established elite tourist resorts of Plaka and Elounda. From its elevated position (about 460 meters) above sea level, the land enjoys unobstructed views of the sea and the surrounding hills and mountains. It has the planning permission (allowance) for a house or houses of up to a total of 294 sq. meters on one or two floors, plus basement and attic. Plenty of space would be left to make terraces, swimming pool(s), pergolas, garden, parking spaces, etc. The land is accessible via an agricultural road and electricity, water supply and phone lines are only a few hundred meters away. About 1 km to the nearest village (Epano Loumas). About 10 km (15-minute drive) to the nice pebble beach and the coastal village of Plaka. The luxury resort of Elounda is about a 20-minute drive from the plot and the modern tourist town of Agios Nikolaos is approx. 30 minutes away. The international airport of Heraklion is approx. a 70-min. drive away. Elounda Elounda was a small fishing town on the Mirabello Bay, on the island of Crete. Although fishing is still a large part of life in this very picturesque area, tourism has taken over as the main industry of Elounda. It is part of the municipality Agios Nikolaos. It is popular with European tourists and has many hotels including several 5*hotels. Elounda is also the closest major town to the former leper colony of Spinalonga. The town is a 10 minute drive to Agios Nikolaos and the village of Plaka (Lasithi).
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Property on Map
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 €89,000 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 |
|---|---|---|---|
| €89,000 | £73,720 | £76,491 | £2,771 |
| Property Price € | €89,000 |
| Minimum cost in the last six months | £73,720 |
| Maximum cost in the last six months | £76,491 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,771 |
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 €89,000 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 |
|---|---|---|---|
| €89,000 | £73,720 | £76,491 | £2,771 |
| Property Price € | €89,000 |
| Minimum cost in the last six months | £73,720 |
| Maximum cost in the last six months | £76,491 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,771 |
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 £2,771 more.
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