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Two seaview building plots, Sitia
Sitia, Greece
REF: 721816
€400,000
Description
Two adjacent seaview building plots, nicely positioned on the slope of a hill, east of Agia Fotia, Sitia, North-East Crete. From their elevated position, the plots enjoy nice unobstructed views of the sea, the hills and the town of Sitia in the distance. Plot area & building capacity: Plot 1: 10876 m2, build up to 309 m2 on one or two floors, plus basement and attic. Plot 2: 8240 m2, build up to 281 m2 on one or two floors, plus basement and attic. It is also possible to purchase only one of the two plots at the price of 200,000. Plenty of space would be left on each plot to make swimming pool(s), terraces, pergolas, parking space, garden, tennis court etc. The plots have road access and services (electricity, water supply, telephone and broadband internet lines) are about 500 meters away. About 780m (on a straight line) from the sea. Only about a 3-minute drive to the nearest beach. Only about an 12-minute drive to the town and a 20-minute drive to the airport of Sitia. The larger international airport of Heraklion is about a 2 hours drive from here.
Two adjacent seaview building plots, nicely positioned on the slope of a hill, east of Agia Fotia, Sitia, North-East Crete. From their elevated position, the plots enjoy nice unobstructed views of the sea, the hills and the town of Sitia in the distance. Plot area & building capacity: Plot 1: 10876 m2, build up to 309 m2 on one or two floors, plus basement and attic. Plot 2: 8240 m2, build up to 281 m2 on one or two floors, plus basement and attic. It is also possible to purchase only one of the two plots at the price of 200,000. Plenty of space would be left on each plot to make swimming pool(s), terraces, pergolas, parking space, garden, tennis court etc. The plots have road access and services (electricity, water supply, telephone and broadband internet lines) are about 500 meters away. About 780m (on a straight line) from the sea. Only about a 3-minute drive to the nearest beach. Only about an 12-minute drive to the town and a 20-minute drive to the airport of Sitia. The larger international airport of Heraklion is about a 2 hours drive from here.
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Currency Exchange
Sitia, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £331,324 | £343,780 | £12,456 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £331,324 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,456 |
Sitia, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £331,324 | £343,780 | £12,456 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £331,324 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,456 |
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 £12,456 more.
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