Elevated seaview building land, north-east Crete

Mochlos, Greece

For Sale

€179,000

REF: 793598 €179,000


9369 m2

9369 m2

Description

Very large building land of 9369 m2 on the road from the village of Sfaka to the coast of Mochlos, North-East Crete. The land is less than 2 km away from coast (on a straight line). From its elevated position about 160 meters above sea level, it enjoys unobstructed views of the sea, the valley and the mountains.

It has the planning permission (allowance) for a villa or villas of up to 294 m2, built on one or two floors, plus basement and attic. Plenty of space would be left to make pools, terraces & patios, pergolas, garden, parking space etc. The land has direct asphalt road access and electricity, water supply, telephone and internet are right next door.

0.8 km to the nearest village, the pretty village of Sfaka. 4.5 km to the coastal village of Mochlos with its small harbour and a few great fresh fish tavernas. The coastal town of Sitia and Sitia airport are only about 30 kilometers away. The town of Ierapetra is about 25 mins away and Agios Nikolaos, the capital of Lasithi, is about 30-35 mins away.

These towns have all types of shops and amenities that you would expect to find in a modern European town. Mochlos is a picturesque fishing village set in a landscape of great natural beauty. It combines a tranquil, relaxing atmosphere with friendly local inhabitants and a range of tavernas and bars renowned throughout Crete.

You can visit the small island of Mochlos with its archaeological site of an ancient Minoan settlement, swim in the crystal clear waters of the bay or just watch the unforgettable colours of the sunrise and sunset.
Very large building land of 9369 m2 on the road from the village of Sfaka to the coast of Mochlos, North-East Crete. The land is less than 2 km away from coast (on a straight line). From its elevated position about 160 meters above sea level, it enjoys unobstructed views of the sea, the valley and the mountains.

It has the planning permission (allowance) for a villa or villas of up to 294 m2, built on one or two floors, plus basement and attic. Plenty of space would be left to make pools, terraces & patios, pergolas, garden, parking space etc. The land has direct asphalt road access and electricity, water supply, telephone and internet are right next door.

0.8 km to the nearest village, the pretty village of Sfaka. 4.5 km to the coastal village of Mochlos with its small harbour and a few great fresh fish tavernas. The coastal town of Sitia and Sitia airport are only about 30 kilometers away. The town of Ierapetra is about 25 mins away and Agios Nikolaos, the capital of Lasithi, is about 30-35 mins away.

These towns have all types of shops and amenities that you would expect to find in a modern European town. Mochlos is a picturesque fishing village set in a landscape of great natural beauty. It combines a tranquil, relaxing atmosphere with friendly local inhabitants and a range of tavernas and bars renowned throughout Crete.

You can visit the small island of Mochlos with its archaeological site of an ancient Minoan settlement, swim in the crystal clear waters of the bay or just watch the unforgettable colours of the sunrise and sunset.
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Currency Exchange

Mochlos, 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 €179,000 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
€179,000 £148,267 £153,842 £5,574
Property Price € €179,000
Minimum cost in the last six months £148,267
Maximum cost in the last six months £153,842
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,574

Mochlos, 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 €179,000 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
€179,000 £148,267 £153,842 £5,574
Property Price € €179,000
Minimum cost in the last six months £148,267
Maximum cost in the last six months £153,842
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,574

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 £5,574 more.

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