Sale, Residential, Apartment

IRAKLIO KRITIS - Mastampas

Property Code: 507845

Rooms 1
Bathrooms 1
Floor -1 (1st Basement)
Area 98 m2
Construction 1975

60000

or by acquiring a mortgage €/ΜONTH

612.24489795918 € / m2

Modify Date: 03/02/26

Description

INVESTMENT OPPORTUNITY: 98sq.m. Airy Apartment in Mastabas, Heraklion For sale: a privileged 98sq.m. basement apartment located in the heart of one of Heraklion’s most sought-after districts, Mastabas. Situated in a quiet neighborhood within a residential zone, this property offers the perfect balance between privacy and immediate access to city amenities. Property Characteristics This is a top-quality construction set on a 200sq.m. plot, part of a small building with only 3 apartments, ensuring privacy and zero communal fees. The apartment is airy (dual-aspect) with a western orientation, ensuring natural ventilation, and features an independent kitchen and an internal staircase. While the building's exterior is in good condition, the interior is currently under construction and requires renovation, providing the new owner with the unique opportunity to design and finish the space according to their personal taste. Key Features & Location The property boasts significant advantages rarely found in similar apartments: Outdoor Space: Access to a large courtyard and garden, ideal for relaxation; pets are welcome. Storage: Includes a dedicated private storage room. Infrastructure: Features pre-installation for a solar water heater, single-phase electricity, and access via a paved asphalt road. Location: Perfectly positioned near schools and the local market, while the sea is only 2,000 meters away. Investment Potential Given its strategic location and size, this property is ideal for students or investors looking for a stable rental income once renovated. Please note that the floors are currently cement screed, and the property is exempt from an energy performance certificate in its current state.

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Elevator : No
Floors : Cement mortar
Satellite Antena : ---
Solar heater : Preinstallation
Heating : Without elevator heating
Pets acceptable : Yes
Kitchen : Independent
Kitchen (number) : 1
Stairs : Interior
Type Power : Single phase
Property area : 200
External appearance : Good
Garden : Yes
Balconies (s.m.) : 0
Surrounding area : Close to school, Close to market, Big plot, With big garden
Storehouse : Yes
Number of apartments : 3
Zone : Residential zone, Residential zone
Position : Double frontage
Suitable for Vacation House : No
Suitable for Business use : No
Suitable for Students : Yes
Property status : Under construction
Quality construction : Excellent construction
Orientation : Western

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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