Rural building plot near Elounda, Crete

Agios Nikolaos, Greece

For Sale

€70,000

REF: 929002 €70,000

Floor Size
1702 m²

Plot Size
1702 m²

Description

This building plot of 1702 m2 is nicely positioned on the slope of a hill, facing the valley and the hills of Pines, about an 8-minute drive from the main town of Elounda and its organized sandy beach. It has the planning permission (allowance) for ...

This building plot of 1702 m2 is nicely positioned on the slope of a hill, facing the valley and the hills of Pines, about an 8-minute drive from the main town of Elounda and its organized sandy beach. It has the planning permission (allowance) for a villa or villas of up to 181m2 on either one or two floors, plus basement and attic.

Enough space would be left to make pool(s), open & covered verandas and terraces, parking space, garden areas etc. The plot enjoys nice views of the valley, the villages (Kato Pines & Pano Pines) and the surrounding hills and mountains. It has good asphalt road access and electricity and water are present.

4 kilometers (about 8 min. drive) to the center and to the sandy beach of Elounda. An 18-minute drive to the town of Agios Nikolaos, the province capital of Lasithi. About an hour's drive to the international airport of Heraklion. Elounda was a small fishing town on the Mirabello Bay, on the island of Crete.

Although fishing is still a large part of life in this very picturesque area, tourism has taken over as the main industry of Elounda. It is part of the municipality Agios Nikolaos. It is popular with European tourists and has many hotels including several 5*hotels. Elounda is also the closest major town to the former leper colony of Spinalonga.

The town is a 10 minute drive to Agios Nikolaos and the village of Plaka (Lasithi). 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 a 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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Property on Map

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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 €70,000 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
€70,000	£57,673	£60,201	£2,528

Property Price €	€70,000
Minimum cost in the last six months	£57,673
Maximum cost in the last six months	£60,201
Fluctuating exchange rates over the last six months could have increased the cost of this property by	£2,528

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 €70,000 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
€70,000	£57,673	£60,201	£2,528

Property Price €	€70,000
Minimum cost in the last six months	£57,673
Maximum cost in the last six months	£60,201
Fluctuating exchange rates over the last six months could have increased the cost of this property by	£2,528

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 £2,528 more.

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