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Old stone windmill with garden for renovation
Agios Nikolaos, Greece
REF: 647816
€57,000
Description
Old stone mill of 78m2 within a plot of 139m2, with great opportunities. It is located in the quite village of Nikithiano, very close to Neapoli of Lassithi. Just away 8km away from Agios Nikolaos and the nearest beaches. and about 35' drive from the International Airport of Heraklion . This can be renovated into an ideal holiday/rental house of 1-2 bedrooms, with a nice garden of about 100 m2 in a quite - traditional scenery with beautiful views. Nikithiano is a small village nicely set in the valley between the towns of Neapolis (2km) and the province capital Agios Nikolaos (10km). Many sites, beaches and resorts are within a short drive from Nikithiano and the international airport of Heraklion, Crete is only 30 minutes by car from here.
Old stone mill of 78m2 within a plot of 139m2, with great opportunities. It is located in the quite village of Nikithiano, very close to Neapoli of Lassithi. Just away 8km away from Agios Nikolaos and the nearest beaches. and about 35' drive from the International Airport of Heraklion . This can be renovated into an ideal holiday/rental house of 1-2 bedrooms, with a nice garden of about 100 m2 in a quite - traditional scenery with beautiful views. Nikithiano is a small village nicely set in the valley between the towns of Neapolis (2km) and the province capital Agios Nikolaos (10km). Many sites, beaches and resorts are within a short drive from Nikithiano and the international airport of Heraklion, Crete is only 30 minutes by car from 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 €57,000 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 |
|---|---|---|---|
| €57,000 | £47,417 | £49,055 | £1,638 |
| Property Price € | €57,000 |
| Minimum cost in the last six months | £47,417 |
| Maximum cost in the last six months | £49,055 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,638 |
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 €57,000 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 |
|---|---|---|---|
| €57,000 | £47,417 | £49,055 | £1,638 |
| Property Price € | €57,000 |
| Minimum cost in the last six months | £47,417 |
| Maximum cost in the last six months | £49,055 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,638 |
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 £1,638 more.
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