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Big stone house with unfinished guest house, olive grove and garden
Agios Nikolaos, Greece
REF: 602432
€340,000
Description
Set on the top part of the small Cretan town of Neapoli, Agios Nikolaos, Lasithi, Crete this is an old (1870) detached stone house on a large gated private plot of 1.264m2 encompassing an unfinished guest house , a flower and tree garden and an olive grove with its own watering well. The house is approximately 140m2 and comprises, a large corridor connecting all the houses rooms, a good sized living room /dining room, a double bedroom with two large windows looking out to the garden, a bathroom, a reading room (which is big enough to be used as a 3rd bedroom), a kitchen and one more double bedroom with large windows. The floor and ceilings of the house are wooden and were last renovated in 1980 yet they are in good shape. Next to the main house there is an unfinished one bed guest house. It is also possible to construct more on this plot as the property is within the town limits. In fact it is possible to build up to 2655m2 on three floors with a building footprint of up to 990 square meters (ground floor buildings). Neapoli is a small but very lively town only a 10 minute drive from the tourist town of Agios Nikolaos, Crete. There are dozens of shops, restaurants, cafes and amenities in the town as well as a hospital. The international airport of Heraklion is less than a 30 minute drive from Neapolis. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete. Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. Although Agios Nikolaos has a population of less than 20,000 it has several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbour, cinema, theatre, gyms, a 9-hole golf course, schools ranging from nurseries to 6-level high school and generally all the amenities you would expect to find in a modern European town. The micro-climate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here.
Set on the top part of the small Cretan town of Neapoli, Agios Nikolaos, Lasithi, Crete this is an old (1870) detached stone house on a large gated private plot of 1.264m2 encompassing an unfinished guest house , a flower and tree garden and an olive grove with its own watering well. The house is approximately 140m2 and comprises, a large corridor connecting all the houses rooms, a good sized living room /dining room, a double bedroom with two large windows looking out to the garden, a bathroom, a reading room (which is big enough to be used as a 3rd bedroom), a kitchen and one more double bedroom with large windows. The floor and ceilings of the house are wooden and were last renovated in 1980 yet they are in good shape. Next to the main house there is an unfinished one bed guest house. It is also possible to construct more on this plot as the property is within the town limits. In fact it is possible to build up to 2655m2 on three floors with a building footprint of up to 990 square meters (ground floor buildings). Neapoli is a small but very lively town only a 10 minute drive from the tourist town of Agios Nikolaos, Crete. There are dozens of shops, restaurants, cafes and amenities in the town as well as a hospital. The international airport of Heraklion is less than a 30 minute drive from Neapolis. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete. Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. Although Agios Nikolaos has a population of less than 20,000 it has several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbour, cinema, theatre, gyms, a 9-hole golf course, schools ranging from nurseries to 6-level high school and generally all the amenities you would expect to find in a modern European town. The micro-climate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here.
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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 €340,000 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 |
|---|---|---|---|
| €340,000 | £281,625 | £292,213 | £10,588 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £281,625 |
| Maximum cost in the last six months | £292,213 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,588 |
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 €340,000 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 |
|---|---|---|---|
| €340,000 | £281,625 | £292,213 | £10,588 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £281,625 |
| Maximum cost in the last six months | £292,213 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,588 |
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 £10,588 more.
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