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Ground floor apartment in traditional village of Kritsa
Agios Nikolaos, Greece
REF: 667101
€100,000
Description
A ground floor apartment on the lower side of the village of Kritsa. The apartment has good road access and is only a short walk to the center of the village and to several shops, cafes, restaurants offered in the village. The apartment consists of a good sized living room/kitchen/dining room with a working fireplace and a fitted kitchen. This room gives access to a large balcony which has very nice views of the Kritsa valley. A small corridor gives access to the comfortable shower room and to the two bedrooms (both with fitted wardrobes) one single bedroom and a double bedroom with access to the spacious back balcony. There is a small shed on this balcony in which there is the boiler room (petrol) for the central heating system. Above the apartment there is only one more floor consisting of an unfinished apartment of the same size. 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. Kritsa is a bustling village with a great sense of tradition and a warm welcome for all visitors and foreign residents. Most amenities are on hand in the village including supermarkets, post office, newsagents etc. Keeping livestock and farming plots of land and olive groves is still the way of life for most of the residents. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 50mins away from the international airport of Heraklion. Although Agios Nikolaos has a population of less than 20,000 it has a several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbor, 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 large modern European town.
A ground floor apartment on the lower side of the village of Kritsa. The apartment has good road access and is only a short walk to the center of the village and to several shops, cafes, restaurants offered in the village. The apartment consists of a good sized living room/kitchen/dining room with a working fireplace and a fitted kitchen. This room gives access to a large balcony which has very nice views of the Kritsa valley. A small corridor gives access to the comfortable shower room and to the two bedrooms (both with fitted wardrobes) one single bedroom and a double bedroom with access to the spacious back balcony. There is a small shed on this balcony in which there is the boiler room (petrol) for the central heating system. Above the apartment there is only one more floor consisting of an unfinished apartment of the same size. 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. Kritsa is a bustling village with a great sense of tradition and a warm welcome for all visitors and foreign residents. Most amenities are on hand in the village including supermarkets, post office, newsagents etc. Keeping livestock and farming plots of land and olive groves is still the way of life for most of the residents. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 50mins away from the international airport of Heraklion. Although Agios Nikolaos has a population of less than 20,000 it has a several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbor, 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 large modern European town.
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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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,390 | £85,945 | £3,555 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,390 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,555 |
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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,390 | £85,945 | £3,555 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,390 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,555 |
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 £3,555 more.
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