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Detached 3 bedroom house with olive grove on a beautiful landscape
Ierapetra, Greece
REF: 726751
€350,000
Description
This spacious house of about 180 m2 is set in the beautiful countryside of Kavousi, on a private plot of land of approximately 1700 square meters. The house is built on three levels. On the ground floor there is an open plan living/dining room with fireplace and balcony, a spacious fully fitted kitchen and a WC. Upstairs there are 3 rooms: one master with private balcony, one double and one single, with shared balcony, and a large bathroom with bathtub. On the basement there is a garage/ storage room with interior connection to the house. There is pre-installation for central heating, air conditioning in the living room and the master bedroom, double glazed aluminium windows and solar heating for hot water all year round. The property has a large garden with trees (mainly olive trees), terraces all around and a flat roof with great views of the surrounding mountains and the valley. There is road connection right in front of the property. The nearest beach of Pachia Ammos is approx. 3kms away and the wonderful beach of Tholos is only 5km away. Kavousi is a coastal village set on the 25th km of the Aghios Nikolaos-Sitia road. It has many shops, tavernas and the lovely sandy Tholos beach is a few minutes drive from Kavousi. The international airport of Heraklion is a 1 hour 20 minutes drive. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 45 mins away from the international airport of Heraklion.
This spacious house of about 180 m2 is set in the beautiful countryside of Kavousi, on a private plot of land of approximately 1700 square meters. The house is built on three levels. On the ground floor there is an open plan living/dining room with fireplace and balcony, a spacious fully fitted kitchen and a WC. Upstairs there are 3 rooms: one master with private balcony, one double and one single, with shared balcony, and a large bathroom with bathtub. On the basement there is a garage/ storage room with interior connection to the house. There is pre-installation for central heating, air conditioning in the living room and the master bedroom, double glazed aluminium windows and solar heating for hot water all year round. The property has a large garden with trees (mainly olive trees), terraces all around and a flat roof with great views of the surrounding mountains and the valley. There is road connection right in front of the property. The nearest beach of Pachia Ammos is approx. 3kms away and the wonderful beach of Tholos is only 5km away. Kavousi is a coastal village set on the 25th km of the Aghios Nikolaos-Sitia road. It has many shops, tavernas and the lovely sandy Tholos beach is a few minutes drive from Kavousi. The international airport of Heraklion is a 1 hour 20 minutes drive. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 45 mins away from the international airport of Heraklion.
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Currency Exchange
Ierapetra, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,365 | £300,808 | £12,443 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,443 |
Ierapetra, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,365 | £300,808 | £12,443 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,443 |
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 £12,443 more.
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