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2 storages units with building license for extra apartments, in Agios Nikolaos
Agios Nikolaos, Greece
REF: 701236
€530,000
Description
These are 2 storage buildings of 350m2 in a land of 600m2 ,which could also be used as stores. There is a building license for 3 apartments on the first floor of 136 m2 in total. The units can also be sold separately: the 1st is 150m2, can be sold for 230.000 and the 2nd is 200m2 , for 350.000 . The property is situated in a good location on the edge of town, but very close to the city center and few of the best beaches in the area. Road access to the property is very good and parking in this area is fairly easy. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40mins away from the international airport of Heraklion. Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. It is a 40-minute drive to Heraklion International Airport and a moderately short flight away from all major European cities.
These are 2 storage buildings of 350m2 in a land of 600m2 ,which could also be used as stores. There is a building license for 3 apartments on the first floor of 136 m2 in total. The units can also be sold separately: the 1st is 150m2, can be sold for 230.000 and the 2nd is 200m2 , for 350.000 . The property is situated in a good location on the edge of town, but very close to the city center and few of the best beaches in the area. Road access to the property is very good and parking in this area is fairly easy. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40mins away from the international airport of Heraklion. Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. It is a 40-minute drive to Heraklion International Airport and a moderately short flight away from all major European cities.
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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 €530,000 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 |
|---|---|---|---|
| €530,000 | £439,004 | £455,509 | £16,504 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £439,004 |
| Maximum cost in the last six months | £455,509 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,504 |
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 €530,000 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 |
|---|---|---|---|
| €530,000 | £439,004 | £455,509 | £16,504 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £439,004 |
| Maximum cost in the last six months | £455,509 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,504 |
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 £16,504 more.
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