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Buildable plot of land 403m2 situated within the village of Mirthios close to Plakias on the south coast of Crete
Rethymno, Crete, Greece
REF: 699525
€50,000
Description
Buildable plot of land 403m2 situated within the village of Mirthios close to Plakias on the south coast of Crete. It is level with nice sea and mountain view and easy access from the main road that is crossing the village. It has building allowance over 200m2, with electricity - water and internet connections already on the boundaries of the plot. Mirthios is one of the most beautiful traditional villages in the area with stunning views overlooking Plakias bay. Properties like this very rarely come on the market.DistancesBeach 2kmTown 2km (Plakias) - 33km (Rethymno)Airport 110km (Heraklion)Hospital 33km
Buildable plot of land 403m2 situated within the village of Mirthios close to Plakias on the south coast of Crete. It is level with nice sea and mountain view and easy access from the main road that is crossing the village. It has building allowance over 200m2, with electricity - water and internet connections already on the boundaries of the plot. Mirthios is one of the most beautiful traditional villages in the area with stunning views overlooking Plakias bay. Properties like this very rarely come on the market.DistancesBeach 2kmTown 2km (Plakias) - 33km (Rethymno)Airport 110km (Heraklion)Hospital 33km
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Currency Exchange
Rethymno, Crete, 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 €50,000 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 |
|---|---|---|---|
| €50,000 | £41,195 | £42,405 | £1,210 |
| Property Price € | €50,000 |
| Minimum cost in the last six months | £41,195 |
| Maximum cost in the last six months | £42,405 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,210 |
Rethymno, Crete, 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 €50,000 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 |
|---|---|---|---|
| €50,000 | £41,195 | £42,405 | £1,210 |
| Property Price € | €50,000 |
| Minimum cost in the last six months | £41,195 |
| Maximum cost in the last six months | £42,405 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,210 |
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 £1,210 more.
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