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Cozy 1/2 bedroom house in traditional village, plus a 30 tree olive grove
Mochlos, Greece
REF: 841121
€108,000
Description
Set in the traditional village of Sfaka, Sitia, on the northeast side of the Mirabello bay, this is a 1/2 bedroom house with lovely front yard and a balcony overlooking the countryside. An olivel grove of 30 trees is sold together with this house. It is approximately 1.500m2 and located about a 5min from the house. Sfaka is a village that offers a few tavernas/cafes and shops. It is only a short drive to the beautiful coastal village of Mochlos where you can find sandy beaches, a fishing port, several shops, bars, cafes and taverns. The 90 sqm house is located in the heart of the village and has a very nice views of the village and the mountains. It consists of a kitchen/dining room, a nice modern bathroom/laundry room with shower, a lounge with access to the front balcony offering nice views, and a double bedroom with windows. There is a good sized basement/storage room on the lower level of the house with a separate entrance that could even be a guest bedroom. The house is in good condition and is ready to move in. It was renovated in 2012, has new tile roof and floors, new wiring and plumbing. All double glazed windows with screens and shutters. There is a new solar panel and 3 air conditioning units. The front yard is paved with natural stone and surrounded by stone walls. Parking outside the property. Sfaka is about 30 minutes by car to the town of Ierapetra and 35 minutes to the province capital of Agios Nikolaos. The international airport of Heraklion is an hour and ten minutes drive from Sfaka.
Set in the traditional village of Sfaka, Sitia, on the northeast side of the Mirabello bay, this is a 1/2 bedroom house with lovely front yard and a balcony overlooking the countryside. An olivel grove of 30 trees is sold together with this house. It is approximately 1.500m2 and located about a 5min from the house. Sfaka is a village that offers a few tavernas/cafes and shops. It is only a short drive to the beautiful coastal village of Mochlos where you can find sandy beaches, a fishing port, several shops, bars, cafes and taverns. The 90 sqm house is located in the heart of the village and has a very nice views of the village and the mountains. It consists of a kitchen/dining room, a nice modern bathroom/laundry room with shower, a lounge with access to the front balcony offering nice views, and a double bedroom with windows. There is a good sized basement/storage room on the lower level of the house with a separate entrance that could even be a guest bedroom. The house is in good condition and is ready to move in. It was renovated in 2012, has new tile roof and floors, new wiring and plumbing. All double glazed windows with screens and shutters. There is a new solar panel and 3 air conditioning units. The front yard is paved with natural stone and surrounded by stone walls. Parking outside the property. Sfaka is about 30 minutes by car to the town of Ierapetra and 35 minutes to the province capital of Agios Nikolaos. The international airport of Heraklion is an hour and ten minutes drive from Sfaka.
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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 €108,000 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 |
|---|---|---|---|
| €108,000 | £88,981 | £92,821 | £3,839 |
| Property Price € | €108,000 |
| Minimum cost in the last six months | £88,981 |
| Maximum cost in the last six months | £92,821 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,839 |
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 €108,000 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 |
|---|---|---|---|
| €108,000 | £88,981 | £92,821 | £3,839 |
| Property Price € | €108,000 |
| Minimum cost in the last six months | £88,981 |
| Maximum cost in the last six months | £92,821 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,839 |
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 £3,839 more.
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