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Large Unobstructed SeaViews Plot
Kokkino Chorio, Apokoronas, Chania, Greece
REF: 656159
€450,000
Description
This fantastic land for sale in Kokkino Chorio, Apokoronas, Chania, is an opportunity that can`t be missed. It is a huge plot of a total 17270 sqms located outside the boarders of the housing development limits, with a building density of 339 sqms pure living space for a private residence. It is important to note that for commercial use, such as building a hotel unit, the plot has an increased building density of 3108 sqms in total. The moment you step into the plot you can enjoy the unbeatable views of Souda bay and the Cretan open sea. These endless views can never be lost, fact that makes this property unique and rare. Access is very easy, amenities such as taverns and shops can be found within a 5 minute drive, while lots of famous sandy beaches and tourist attractions are also located nearby. Lastly, water and electricity installations are close to the plot. That being said, the construction of a potential project can also start right away. At this specific property you are able to build both a house for year round living and holidays, but also a very successful business.
This fantastic land for sale in Kokkino Chorio, Apokoronas, Chania, is an opportunity that can`t be missed. It is a huge plot of a total 17270 sqms located outside the boarders of the housing development limits, with a building density of 339 sqms pure living space for a private residence. It is important to note that for commercial use, such as building a hotel unit, the plot has an increased building density of 3108 sqms in total. The moment you step into the plot you can enjoy the unbeatable views of Souda bay and the Cretan open sea. These endless views can never be lost, fact that makes this property unique and rare. Access is very easy, amenities such as taverns and shops can be found within a 5 minute drive, while lots of famous sandy beaches and tourist attractions are also located nearby. Lastly, water and electricity installations are close to the plot. That being said, the construction of a potential project can also start right away. At this specific property you are able to build both a house for year round living and holidays, but also a very successful business.
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Property on Map
Currency Exchange
Kokkino Chorio, Apokoronas, Chania, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,937 | £14,198 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,937 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,198 |
Kokkino Chorio, Apokoronas, Chania, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,937 | £14,198 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,937 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,198 |
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 £14,198 more.
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