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Seaside building plot, 4954 m2, right above beach and village
Agios Nikolaos, Greece
REF: 812524
€170,000
Description
Seaside building plot, situated on the slope of the hill at the western side of the coastal village of Pahia Ammos, right above the national road that leads down to the village coming from Agios Nikolaos. Overlooking the beach and village of Pahia Ammos, this plot enjoys unobstructed views of the sea and mountains. The plot is 4954 m2 in size and has the allowance to build a house or houses of 219 m2 on up to 2 levels plus basement as well as swimming pool(s), open and covered verandas and terraces, parking spaces, garden etc. The land is level with a slight inclination which makes it easy to build on. The plot has direct asphalt road access and services like electricity, water, phone and broadband internet lines are right next to the plot. The village of Pacheia Ammos is known for its large sandy beach (only 150 meters from the plot) and the very good and affordable fish restaurants. There are many shops and amenities in the village which is vibrant all year round as it is a favorite destination for the neighboring towns day offs and weekends. The towns of Agios Nikolaos and Ierapetra are 20 kilometers (15-minute drive) to the north and 14 kilometers (10-minute drive) to the south respectively. Both towns have a hospital as well as all amenities you would expect to find in a modern European town. The international airport of Heraklion is about a 55-minute drive from here. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40 mins away from the international airport of Heraklion. Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. Although Agios Nikolaos has a population of less than 20,000 it has several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbour, cinema, theatre, gyms, a 9-hole golf course, schools ranging from nurseries to 6-level high school and generally all the amenities you would expect to find in a modern European town. The microclimate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here.
Seaside building plot, situated on the slope of the hill at the western side of the coastal village of Pahia Ammos, right above the national road that leads down to the village coming from Agios Nikolaos. Overlooking the beach and village of Pahia Ammos, this plot enjoys unobstructed views of the sea and mountains. The plot is 4954 m2 in size and has the allowance to build a house or houses of 219 m2 on up to 2 levels plus basement as well as swimming pool(s), open and covered verandas and terraces, parking spaces, garden etc. The land is level with a slight inclination which makes it easy to build on. The plot has direct asphalt road access and services like electricity, water, phone and broadband internet lines are right next to the plot. The village of Pacheia Ammos is known for its large sandy beach (only 150 meters from the plot) and the very good and affordable fish restaurants. There are many shops and amenities in the village which is vibrant all year round as it is a favorite destination for the neighboring towns day offs and weekends. The towns of Agios Nikolaos and Ierapetra are 20 kilometers (15-minute drive) to the north and 14 kilometers (10-minute drive) to the south respectively. Both towns have a hospital as well as all amenities you would expect to find in a modern European town. The international airport of Heraklion is about a 55-minute drive from here. Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40 mins away from the international airport of Heraklion. Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round. Although Agios Nikolaos has a population of less than 20,000 it has several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbour, cinema, theatre, gyms, a 9-hole golf course, schools ranging from nurseries to 6-level high school and generally all the amenities you would expect to find in a modern European town. The microclimate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here.
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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 €170,000 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 |
|---|---|---|---|
| €170,000 | £140,063 | £146,107 | £6,044 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £140,063 |
| Maximum cost in the last six months | £146,107 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,044 |
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 €170,000 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 |
|---|---|---|---|
| €170,000 | £140,063 | £146,107 | £6,044 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £140,063 |
| Maximum cost in the last six months | £146,107 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,044 |
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 £6,044 more.
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