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2 Storey town house with yard
Agios Nikolaos, Greece
REF: 709827
€105,000
Description
An older style property requiring some updating, located on the edge of the town center of Agios Nikolaos resort in East Crete. The building comprises 2 self-contained apartments, one on the ground floor and one on the 1st floor. Each apartment has 3 rooms including a basic kitchen with an outside WC. Water and electricity supplies are connected to the property. Road access and parking are adjacent. Only a 15' walk to the center of Agios Nikolaos where you will find many shops, restaurants, supermarkets, bus station, a hospital, doctors offices, pharmacies and many other services and amenities. The international airport of Heraklion is within a 35' drive from here.
An older style property requiring some updating, located on the edge of the town center of Agios Nikolaos resort in East Crete. The building comprises 2 self-contained apartments, one on the ground floor and one on the 1st floor. Each apartment has 3 rooms including a basic kitchen with an outside WC. Water and electricity supplies are connected to the property. Road access and parking are adjacent. Only a 15' walk to the center of Agios Nikolaos where you will find many shops, restaurants, supermarkets, bus station, a hospital, doctors offices, pharmacies and many other services and amenities. The international airport of Heraklion is within a 35' drive from here.
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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 €105,000 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 |
|---|---|---|---|
| €105,000 | £86,973 | £90,242 | £3,270 |
| Property Price € | €105,000 |
| Minimum cost in the last six months | £86,973 |
| Maximum cost in the last six months | £90,242 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,270 |
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 €105,000 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 |
|---|---|---|---|
| €105,000 | £86,973 | £90,242 | £3,270 |
| Property Price € | €105,000 |
| Minimum cost in the last six months | £86,973 |
| Maximum cost in the last six months | £90,242 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,270 |
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 £3,270 more.
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