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Two bedroom village apartment with sea views
Agios Nikolaos, Greece
REF: 714823
€70,000
Description
Set at the top part of the lovely village of Pirgos, Kalo Chorio this is a habitable ground floor apartment in need of modernization/renovation. Pirgos is part of the village complex of Kalo Chorio and is within walking distance to a sandy beach (1,5km). There are shops and restaurants at the nearby settlement of Istron whilst the province capital Agios Nikolaos is within a 10 minute drive. The apartment consists of a living room/dining room with large windows looking on to the village and to the Mirabello bay, a kitchen with wooden cupboards, a bathroom and two double bedrooms. Also there is a storage room beneath the apartment suitable for storage as well as one more room behind the apartment with a small patch of land suitable to be made into parking or a small garden. The apartment is in need of some renovation work but nothing major is needed to be done to bring it to a good state. The apartment is connected to water and electricity. Within an hours drive to the international airport of Heraklion, Crete.
Set at the top part of the lovely village of Pirgos, Kalo Chorio this is a habitable ground floor apartment in need of modernization/renovation. Pirgos is part of the village complex of Kalo Chorio and is within walking distance to a sandy beach (1,5km). There are shops and restaurants at the nearby settlement of Istron whilst the province capital Agios Nikolaos is within a 10 minute drive. The apartment consists of a living room/dining room with large windows looking on to the village and to the Mirabello bay, a kitchen with wooden cupboards, a bathroom and two double bedrooms. Also there is a storage room beneath the apartment suitable for storage as well as one more room behind the apartment with a small patch of land suitable to be made into parking or a small garden. The apartment is in need of some renovation work but nothing major is needed to be done to bring it to a good state. The apartment is connected to water and electricity. Within an hours drive 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £58,752 | £60,379 | £1,627 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £58,752 |
| Maximum cost in the last six months | £60,379 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,627 |
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 €70,000 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 |
|---|---|---|---|
| €70,000 | £58,752 | £60,379 | £1,627 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £58,752 |
| Maximum cost in the last six months | £60,379 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,627 |
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 £1,627 more.
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