PAROS - KOSTOS
Property Code: 501243
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 |
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
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