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Unfinished apartment with uninterrupted sea views, in Agios Nikolaos
Agios Nikolaos, Greece
REF: 908762
€450,000
Description
Located in one of the most interesting areas of Agios Nikolaos town, just 50 meters from one of the nicest sandy beaches (Ammoudi) and two steps away from many shops, restaurants and cafes. This is the sale of the 1st floor apartment, the 2nd basement level and 50% of the ground floor parking area of this five storey concrete building. The property is sold as is. The 1st floor apartment is 100m2 and is planned to have two double bedrooms with balconies, a bathroom and an open plan kitchen/living/dining room with large glass doors and windows that look out towards the sea. There is also a spacious balcony that extends out from the living room and offers stunning views of the sea, the islands and even the port of Agios Nikolaos in the distance. The 2nd basement level is a total of 115m2 and it opens onto a small patio and garden area. This level could be made into another apartment or even two apartments of about 55m2 each. The concrete shell was built in 2010, it remains in good condition and one could just continue its construction right away. 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.
Located in one of the most interesting areas of Agios Nikolaos town, just 50 meters from one of the nicest sandy beaches (Ammoudi) and two steps away from many shops, restaurants and cafes. This is the sale of the 1st floor apartment, the 2nd basement level and 50% of the ground floor parking area of this five storey concrete building. The property is sold as is. The 1st floor apartment is 100m2 and is planned to have two double bedrooms with balconies, a bathroom and an open plan kitchen/living/dining room with large glass doors and windows that look out towards the sea. There is also a spacious balcony that extends out from the living room and offers stunning views of the sea, the islands and even the port of Agios Nikolaos in the distance. The 2nd basement level is a total of 115m2 and it opens onto a small patio and garden area. This level could be made into another apartment or even two apartments of about 55m2 each. The concrete shell was built in 2010, it remains in good condition and one could just continue its construction right away. 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.
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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 €450,000 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 |
|---|---|---|---|
| €450,000 | £370,755 | £386,753 | £15,998 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £370,755 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,998 |
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £370,755 | £386,753 | £15,998 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £370,755 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,998 |
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 £15,998 more.
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