Sale, Land, Residential

NEA ERITHREA - MORTERO

Property Code: 400588

Area 866 m²

600000

or by acquiring a mortgage €/ΜONTH

692.84064665127 € / m²

Modify Date: 17/02/26

Description

Corner plot located in a very quiet and green residential area. Graduated Building Coefficient (FAR), allowing a total buildable area of 406 sq.m. Mortero – Katsafareika – Government Gazette 257/Issue D/1985 Building Coefficient (FAR): FAR = 0.60 for the portion of the plot up to 300 sq.m. FAR = 0.40 for the portion of the plot exceeding 300 sq.m. Exception (Derogation): FAR = 1.20 applies to plots that legally existed as of March 10, 1982, and have a surface area of less than 150 sq.m., after deducting any land contribution, provided that the total constructed floor area does not exceed 120 sq.m. An excellent opportunity for residential development in a peaceful, low-density area.

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Zone :	Residential zone
Position :	Corner
Noise :	Quiet
Building(s.m.) :	406.03
Depth :	49.5
Building width :	16.61
Distance from the sea (m) :	0
Facade street :	Asphalt
Transportation :	Bus
Building existence :	No

Good condition :	Yes
Number of facades :	2
Slope :	Level
Urban condition :	Inside the zoning area
Structure factor :	0.47
Cover factor :	0.3

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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