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Large house for renovation with amazing mountain views and garden
Agios Nikolaos, Greece
REF: 692411
€80,000
Description
Set in the village of Vrises, Agios Nikolaos, Crete this is a large house of 170m2 on two floors standing on a plot of land of 140 square meters. The property comprises of a house comprising three large rooms downstairs and three large rooms upstairs all of which are in pretty good condition and require a little work to make into a working house. Next to the house is a small yard of 15m2 and from there you get access to a large storage room. Opposite the house there is another room of around 15m2 and next to that there is the old farm and chicken pen which could be cleared and made into a big garden/terrace area and a parking space. Water, electricity and phone/internet lines are available in the area and easy to connect. There is road access to the house. Vrises is within a short drive (5min) to the small town of Neapolis where there are many shops, supermarkets, pharmacies, a hospital and other services and amenities. The province capital Agios Nikolaos is within a 15 minute drive from Vrises. About 40 minutes to the international airport of Heraklion, Crete.
Set in the village of Vrises, Agios Nikolaos, Crete this is a large house of 170m2 on two floors standing on a plot of land of 140 square meters. The property comprises of a house comprising three large rooms downstairs and three large rooms upstairs all of which are in pretty good condition and require a little work to make into a working house. Next to the house is a small yard of 15m2 and from there you get access to a large storage room. Opposite the house there is another room of around 15m2 and next to that there is the old farm and chicken pen which could be cleared and made into a big garden/terrace area and a parking space. Water, electricity and phone/internet lines are available in the area and easy to connect. There is road access to the house. Vrises is within a short drive (5min) to the small town of Neapolis where there are many shops, supermarkets, pharmacies, a hospital and other services and amenities. The province capital Agios Nikolaos is within a 15 minute drive from Vrises. About 40 minutes to the international airport of Heraklion, Crete.
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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 €80,000 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 |
|---|---|---|---|
| €80,000 | £66,550 | £68,850 | £2,299 |
| Property Price € | €80,000 |
| Minimum cost in the last six months | £66,550 |
| Maximum cost in the last six months | £68,850 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,299 |
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 €80,000 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 |
|---|---|---|---|
| €80,000 | £66,550 | £68,850 | £2,299 |
| Property Price € | €80,000 |
| Minimum cost in the last six months | £66,550 |
| Maximum cost in the last six months | £68,850 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,299 |
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 £2,299 more.
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