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Seaview building plot, Milatos, Crete
Agios Nikolaos, Greece
REF: 678773
€169,000
Description
Building land for sale, nicely positioned in the area of Milatos, Crete. From its elevated position about 65m above sea level, it enjoys nice unobstructed views of the sea and the countryside of Milatos. The main plot is 4639 m2 in size and has the planning permission (allowance) for a house or houses of up to 213 m2, built on one or two floors, plus basement. Enough space would be left to make pool(s), open and covered terraces, garden, parking space, tennis court, etc. There is another smaller plot of 589 m2 on the opposite side of the road which is not buildable and can be used as a garden or similar use. The land has road access and water and electricity lines are available on the spot while phone and broadband internet lines are nearby and easy to connect to. The land is 950m (on a straight line) away from the sea. The coastal village and the beaches of Milatos are only 4-minute drive from the land. Milatos is a very picturesque village in north east Crete with a mountain range as a backdrop and the blue sea spread out in front. With fish restaurants, tavernas and other small shops it s a low key tourist area and a favourite week-end get away for Heraklion city dwellers. It lies between the towns of Malia and Neapolis where supermarkets and other amenities are available, and is about a 10 minute drive to these destinations. The international airport of Heraklion is just a 35 minute drive away.
Building land for sale, nicely positioned in the area of Milatos, Crete. From its elevated position about 65m above sea level, it enjoys nice unobstructed views of the sea and the countryside of Milatos. The main plot is 4639 m2 in size and has the planning permission (allowance) for a house or houses of up to 213 m2, built on one or two floors, plus basement. Enough space would be left to make pool(s), open and covered terraces, garden, parking space, tennis court, etc. There is another smaller plot of 589 m2 on the opposite side of the road which is not buildable and can be used as a garden or similar use. The land has road access and water and electricity lines are available on the spot while phone and broadband internet lines are nearby and easy to connect to. The land is 950m (on a straight line) away from the sea. The coastal village and the beaches of Milatos are only 4-minute drive from the land. Milatos is a very picturesque village in north east Crete with a mountain range as a backdrop and the blue sea spread out in front. With fish restaurants, tavernas and other small shops it s a low key tourist area and a favourite week-end get away for Heraklion city dwellers. It lies between the towns of Malia and Neapolis where supermarkets and other amenities are available, and is about a 10 minute drive to these destinations. The international airport of Heraklion is just a 35 minute drive away.
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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 €169,000 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 |
|---|---|---|---|
| €169,000 | £139,239 | £145,247 | £6,008 |
| Property Price € | €169,000 |
| Minimum cost in the last six months | £139,239 |
| Maximum cost in the last six months | £145,247 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,008 |
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 €169,000 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 |
|---|---|---|---|
| €169,000 | £139,239 | £145,247 | £6,008 |
| Property Price € | €169,000 |
| Minimum cost in the last six months | £139,239 |
| Maximum cost in the last six months | £145,247 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,008 |
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 £6,008 more.
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