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One bedroom apartment in the centre of Sitia
Sitia, Greece
REF: 807813
€53,000
Description
Apartment located on the 2rd and last floor (no elevator) of a building located in the heart of Sitia, only 5 minutes walk from the seafront and the shops. The apartment is a total of 45m2 and consists of: 1 bedroom, bathroom / WC, living room, kitchen and a balcony that has access from the living room and the bedroom. Maintained apartment, in good condition and can be used right away. There are another two apartments, on the ground and first floor, in this building which are almost identical to this. They are also for sale. Lower apartment - 45.000 euro, Middle apartment - 53.000 euro, Top apartment - 58.000 euro. Sitia is an attractive seaside town. White-washed houses cling to a hillside laced by steep staircases and topped with a ruined Venetian castle. Below, a promenade lined with tavernas and cafes hems in the fishing harbour. It s a slow-paced, friendly place where agriculture is the mainstay of the local economy. A long, sandy beach skirts a wide bay to the east of town. Sitia has a small airport with daily flights to and from Athens and a few charter flights from Europe during the summer. The international airport of Heraklion is 2 hours by car. The port has ferry connections to Piraeus and other islands of the Cyclades and Dodecanese.
Apartment located on the 2rd and last floor (no elevator) of a building located in the heart of Sitia, only 5 minutes walk from the seafront and the shops. The apartment is a total of 45m2 and consists of: 1 bedroom, bathroom / WC, living room, kitchen and a balcony that has access from the living room and the bedroom. Maintained apartment, in good condition and can be used right away. There are another two apartments, on the ground and first floor, in this building which are almost identical to this. They are also for sale. Lower apartment - 45.000 euro, Middle apartment - 53.000 euro, Top apartment - 58.000 euro. Sitia is an attractive seaside town. White-washed houses cling to a hillside laced by steep staircases and topped with a ruined Venetian castle. Below, a promenade lined with tavernas and cafes hems in the fishing harbour. It s a slow-paced, friendly place where agriculture is the mainstay of the local economy. A long, sandy beach skirts a wide bay to the east of town. Sitia has a small airport with daily flights to and from Athens and a few charter flights from Europe during the summer. The international airport of Heraklion is 2 hours by car. The port has ferry connections to Piraeus and other islands of the Cyclades and Dodecanese.
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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 €53,000 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 |
|---|---|---|---|
| €53,000 | £43,900 | £45,551 | £1,650 |
| Property Price € | €53,000 |
| Minimum cost in the last six months | £43,900 |
| Maximum cost in the last six months | £45,551 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,650 |
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 €53,000 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 |
|---|---|---|---|
| €53,000 | £43,900 | £45,551 | £1,650 |
| Property Price € | €53,000 |
| Minimum cost in the last six months | £43,900 |
| Maximum cost in the last six months | £45,551 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,650 |
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 £1,650 more.
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