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Commercial / tourist development plot, Stalida, Crete
Stalida, Greece
REF: 917134
€1,100,000
Description
Building plot of 2914 m2 inside the seaside tourist resort of Stalida at the north coast of Crete, right between the established tourist resorts of Malia and Chersonissos, only a 3-minute walk to the nearest organized sandy beach. The land is totally flat and easy to build on. It already has a building license for 15 tourist apartments of 991 m2 in total + 608 m2 of basement and 4 shops of 512 m2 in total (total building size: 1503 m2 on two floors + 608 m2 basement). The building license is valid until the end of 2025 with the possibility to modify the plans or to draw entirely new plans and apply for a new building license. The land has excellent road access and all services (electricity, water, telephone and broadband internet lines) are available right next door. Since the plot is positioned right inside the tourist village of Stalida, it is surrounded by all sorts of amenities (shops, car rental, restaurants, bars, etc.) and in easy walking distance (270m) to the nearest organized sandy beach. The larger tourist towns of Chersonissos and Malia are only a very short drive away. The international airport of Heraklion is only about a 20-minute drive from the plot.
Building plot of 2914 m2 inside the seaside tourist resort of Stalida at the north coast of Crete, right between the established tourist resorts of Malia and Chersonissos, only a 3-minute walk to the nearest organized sandy beach. The land is totally flat and easy to build on. It already has a building license for 15 tourist apartments of 991 m2 in total + 608 m2 of basement and 4 shops of 512 m2 in total (total building size: 1503 m2 on two floors + 608 m2 basement). The building license is valid until the end of 2025 with the possibility to modify the plans or to draw entirely new plans and apply for a new building license. The land has excellent road access and all services (electricity, water, telephone and broadband internet lines) are available right next door. Since the plot is positioned right inside the tourist village of Stalida, it is surrounded by all sorts of amenities (shops, car rental, restaurants, bars, etc.) and in easy walking distance (270m) to the nearest organized sandy beach. The larger tourist towns of Chersonissos and Malia are only a very short drive away. The international airport of Heraklion is only about a 20-minute drive from the plot.
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Currency Exchange
Stalida, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £906,290 | £945,395 | £39,105 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £906,290 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,105 |
Stalida, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £906,290 | £945,395 | £39,105 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £906,290 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,105 |
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 £39,105 more.
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