Sale, Land, Professional Plot

Property Code: 319345

Area 25000 m2

500000

or by acquiring a mortgage €/ΜONTH

20 € / m2

Modify Date: 17/05/21

Description

Cretan Igloo – Mitato Project Farm Land with Great Potential in Sitia Geopark • This land sets in a popular area (Vai beach in 10 min drive) with thousands visitors in summer time • Combine hotel services, farming, community by developing a hotel or cottages, or camping/caravan site. Also ideal to build 12 large houses. • Wake up each morning to inspiring sunrises in the East Crete and drift off to sleep each night with the tranquil sounds of nature. • Bird watching Eleanor’s Falcons, their nests are in close distance from this land • Hike through unspoilt landscapes; lungs full of fresh air; Sitia Geopark at your doorstep. • There is not any caravan or camping site in the area. !!UNIQUE IDEA!! LOCATION At the far eastern side of Crete island 10min drive from tropical Vai Palm forest beach, 5 min drive from Palekastro village 10-15 min from numerous sandy beaches 10 min from Sitia town/airport/harbor. DESCRIPTION 25.000m2 olive grove Slightly slope and a hill side part with great sea views. Facing 250m the national road 450 olive trees cover the 20.000m2 the rest is just earth Cottage 35m2 – two rooms+toilet. A farm house recently renovated with basic equipment. private well offering 7m3 water/hour. SURVEYS Archeology free Forestry free Planning permission pre-approval for building up to 2.200m2 in case of developing a hotel. 1200m2 of independent villas* if used as residential. Private water well approval It meets the standards for developing caravan/camping area *according to the new architectural design “underground”. THE AREA • In the heart of EU Natura 2000, East Crete, Lassithi Province, protected for the unique fauna found in this area. The Nature Park Sitia was declared as a European and Global Geopark • http://www.sitia-geopark.gr/en/news/sitia-geopark-is-now-ggn-and-egn-member.aspx Eastern Crete, and especially the area of Sitia, is one of the most important and environmentally unique areas of Crete. Its geographical position on the eastern edge of the island, which allowed for the exchange of species with Asia Minor, in combination with the intense dry and hot climate of the area, created a mosaic of habitats and ecosystems, some of which, such as the Palm Forest of Vai, are unique in the Mediterranean. (Text from the Sitia - Geopark). http://www.sitia-geopark.gr/en.aspx Watch this video to have an idea about the beautiful Sitia area. https://www.youtube.com/watch?v=Ic_WLuoGxLs Watch drone footage here: http://www.youtube.com/watch?v=dBvgkDBCEPk

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Distance from the sea (m) : .5
Depth : 0500
Zone : Commercial, Outside the zoning area
View : Sea, Mountain, Unlimited, Panoramic
Position : Double frontage, Facade, Three sided
Building width : 400
Building : Yes
Enclosure : No
Facade street : Asphalt, Country road
Transportation : Bus, KTEL (Bus transport)
Building existence : Yes
Building(s.m.) : 1200
Building permission : No
Good condition : Yes
Number of facades : 3
Drilling : Yes
Slope : Amphitheatrical
Benefits : Electric, Water
Urban condition : Outside the zoning area
Structure factor : 0.05
Cover factor : 0.05

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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