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Sale, Land, Professional Plot

MILOPOTAMOS - MPALI

Property Code: 267805

Area 10000 m2

5200000

or by acquiring a mortgage €/ΜONTH

520 € / m2

Modify Date: 04/02/25

Description

The property is located in the heart of the traditional village Bali and has wonderful views to the sea, the mountains and the village. The land – covered with mature olive trees, carob trees and wild bushes – has direct walking access to three beaches (170m – 400m away). Bali is a popular traditional village, 50 km away from Heraklion - big city with airport, port and hospitals. The total area of it is about 14.000m2, 4.000 of which are intended to be public spaces, according to the urban plan. It can be divided to 11 autonomous buildable plots. The overall building area can be up to 5.950m2 if the intended use is housing or 7.275m2 if designed for any other use (hotel, commercial, etc). This “building area” does not include basements, porches, verandas, mezzanines, stairs and attics. Taking advantage of certain building regulations, the legally constructed buildings will be much larger. High-end hotel, health retreat center, long-term or short-term accommodation, retirement homes or spaces for digital nomads can be ideally located here, along with commercial spaces, coffee shops and restaurants. The islane of Crete offers an incredible diversity of natural (coastal, canyons, mountains) and cultural attractions. It is a premium destination for several types of tourism and, thanks to the warm climate, the “traditionally touristic” period extends from the beginning of April to mid-November.

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Distance from the sea (m) : 200
Facade street : Asphalt, Pedestrian street, Dirt road, Country road, Rural road
Zone : Residential zone, Commercial
Building : Yes
Enclosure : Yes
Building(s.m.) : 7250
View : Sea, Mountain, Panoramic
Depth : 100
Position : Corner, Double frontage, Facade, Three sided
Noise : Quiet
Transportation : KTEL (Bus transport)
Building existence : No
Building width : 700
Good condition : Yes
Building height : 7.50
Number of facades : 4
Benefits : Electric, Water, Phone, Drainage
Urban condition : Inside the zoning area
Structure factor : 0.7
Cover factor : 0.7
Drilling : No
Slope : Level, Incline, Amphitheatrical
Building permission : No

Loan Calculation

Loan Amount *Minimum loan amount 10.000€ Floating Interest Rate: Euribor 3M (indicatively 2%) + spread (from 1.75%) + contribution L.128/75 (0.12%) Fixed Interest Rate: from 2.8% + contribution L.128/75 (0.12%)
Loan Interest
Loan Repayment Period

Example: Loan of €100,000, total duration 30 years. For the first three years, final interest rate 2.92% and for the remaining 27 years, final interest rate 4%. Indicative installment for the first three years ~€420 and for the remaining 27 years ~€500

Indicative Installment Amount

Interest Amount:
*The final interest rate is determined based on the mortgage loan program (floating, hybrid, fixed) and the borrower's profile.

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