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Large property with 8 rooms, a garden and stunning views
Agios Nikolaos, Greece
REF: 647817
€65,000
Description
A traditional stone house of about 150m2 on a private plot of 196m2, located in a pretty neighborhood of Kritsa village, with narrow lanes and stunning views, only a short walk to the village centre and the shops. The property is in need of renovation. It could be renovated into one large house or it could even be used a 2 or 3 separate units with terraces and garden. There are 8 rooms in total, 6 of which have a concrete roof and the two (lower rooms) have a metal sheet roof, as they were only used for storage. On the bottom side of the property there is a private walled garden of about 40m2. There is also a large terrace of about 50m2 on the upper level. This terrace offers wonderful views of the village, the surrounding mountains and the sea in the distance. The property needs to be reconnected to electricity and water. Possible to connect with the village main sewage system. High speed broadband Internet can be available here. Road access is about 50 metres and nearest parking is about 80 metres from the property. Kritsa is one of the oldest, largest and most picturesque villages in Crete. It s built on a hill and surrounded by olive trees and beautiful countryside. The village of Kritsa is part of the municipality of Agios Nikolaos, 10 km away, and has about 2300 inhabitants including a few residents from Britain and other European countries.
A traditional stone house of about 150m2 on a private plot of 196m2, located in a pretty neighborhood of Kritsa village, with narrow lanes and stunning views, only a short walk to the village centre and the shops. The property is in need of renovation. It could be renovated into one large house or it could even be used a 2 or 3 separate units with terraces and garden. There are 8 rooms in total, 6 of which have a concrete roof and the two (lower rooms) have a metal sheet roof, as they were only used for storage. On the bottom side of the property there is a private walled garden of about 40m2. There is also a large terrace of about 50m2 on the upper level. This terrace offers wonderful views of the village, the surrounding mountains and the sea in the distance. The property needs to be reconnected to electricity and water. Possible to connect with the village main sewage system. High speed broadband Internet can be available here. Road access is about 50 metres and nearest parking is about 80 metres from the property. Kritsa is one of the oldest, largest and most picturesque villages in Crete. It s built on a hill and surrounded by olive trees and beautiful countryside. The village of Kritsa is part of the municipality of Agios Nikolaos, 10 km away, and has about 2300 inhabitants including a few residents from Britain and other European countries.
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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 €65,000 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 |
|---|---|---|---|
| €65,000 | £53,554 | £55,864 | £2,311 |
| Property Price € | €65,000 |
| Minimum cost in the last six months | £53,554 |
| Maximum cost in the last six months | £55,864 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,311 |
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 €65,000 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 |
|---|---|---|---|
| €65,000 | £53,554 | £55,864 | £2,311 |
| Property Price € | €65,000 |
| Minimum cost in the last six months | £53,554 |
| Maximum cost in the last six months | £55,864 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,311 |
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 £2,311 more.
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