Sale, Land, Parcel

PAROS - KOSTOS

Property Code: 501243

Area 7107 m2

210000

or by acquiring a mortgage €/ΜONTH

29.548332629802 € / m2

Modify Date: 25/11/25

Description

Plot of 7,107 sq.m. for sale in Kostos, outside the town plan, complete and buildable, located directly on the Parikia–Lefkes provincial road. Positioned above road level, it enjoys a privileged location with panoramic views over the valley between Kostos and Lefkes. The property offers excellent development potential, suitable both for residential and commercial use. The land is sloped with traditional stone terraces. Building regulations allow for the construction of up to three residences within a single, ground-level structure, with a maximum height of 4.5 m and a total buildable area of 262 sq.m. Due to its frontage on the provincial road, the property also qualifies for the construction of a single commercial building of up to 200 sq.m. on one level (maximum height 4.5 m), plus basement areas. Permitted uses include: educational facilities, administrative buildings, agricultural or livestock storage, greenhouse or nursery facilities, public service buildings, sports and cultural facilities, restaurant–café establishments (maximum 150 sq.m. buildable), religious sites or cemetery structures, exhibition and retail spaces for agricultural and traditional products, bakery or traditional oven. A significant investment opportunity in an area where no other commercial building currently exists.

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Distance from the sea (m) : 7800
Depth : 200
Zone : Outside the zoning area
View : Mountain, Unlimited, Panoramic
Position : Facade
Noise : Quiet
Building width : 40
Building : Yes
Enclosure : No
Facade street : Asphalt, Country road
Transportation : KTEL (Bus transport)
Building existence : No
Building(s.m.) : 262
Building permission : No
Good condition : Yes
Building height : 4.5
Number of facades : 1
Drilling : No
Slope : Incline, Amphitheatrical
Urban condition : Outside the zoning area
Structure factor : 0.02
Cover factor : 0.02

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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