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Pretty town apartment in desired area
Agios Nikolaos, Greece
REF: 860509
€90,000
Description
Set in the north area of the town of Agios Nikolaos, just a short walk to a few sandy beaches and only 70m away from the promenade. This is a cosy one bedroom apartment which was renovated 5 years ago (new kitchen and bathroom) and is sold fully furnished. The 42m2 apartment features an open plan kitchen/dining room/living room with access to a nice balcony, a shower room and a double bedroom which also has access to the balcony. The apartment is on the basement floor but is actually on the first floor due to the inclination of the hill it is built on. The furniture include all kitchen appliances including washing machine, cooker/oven, fridge/freezer, the dining table and chairs, double bed, balcony table and chairs and other items, including some decorations. 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. 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, harbor, 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.
Set in the north area of the town of Agios Nikolaos, just a short walk to a few sandy beaches and only 70m away from the promenade. This is a cosy one bedroom apartment which was renovated 5 years ago (new kitchen and bathroom) and is sold fully furnished. The 42m2 apartment features an open plan kitchen/dining room/living room with access to a nice balcony, a shower room and a double bedroom which also has access to the balcony. The apartment is on the basement floor but is actually on the first floor due to the inclination of the hill it is built on. The furniture include all kitchen appliances including washing machine, cooker/oven, fridge/freezer, the dining table and chairs, double bed, balcony table and chairs and other items, including some decorations. 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. 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, harbor, 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.
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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 €90,000 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 |
|---|---|---|---|
| €90,000 | £75,539 | £77,630 | £2,092 |
| Property Price € | €90,000 |
| Minimum cost in the last six months | £75,539 |
| Maximum cost in the last six months | £77,630 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,092 |
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 €90,000 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 |
|---|---|---|---|
| €90,000 | £75,539 | £77,630 | £2,092 |
| Property Price € | €90,000 |
| Minimum cost in the last six months | £75,539 |
| Maximum cost in the last six months | £77,630 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,092 |
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 £2,092 more.
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