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Sale, Land, Residential

IRAKLIO KRITIS - pateles

Property Code: 510446

Area 200 m2

100000

or by acquiring a mortgage €/ΜONTH

500 € / m2

Modify Date: 17/02/26

Description

An exceptional 200 sq.m. plot of land is available for sale in the sought-after area of Pateles, Heraklion, Crete. This property is even and buildable, located within the city plan in a remarkably quiet neighborhood, perfect for those seeking a peaceful residential environment without sacrificing urban proximity. The plot boasts a high building factor of 1.2, allowing for the construction of up to 240 sq.m. of total floor area, with a maximum allowable height of 9 meters. With a 60% coverage ratio, it provides ample space for developing a modern apartment complex or a generous private residence. The plot is front-facing with an eastern orientation and a sloped terrain, accessible via a paved asphalt road. Security and infrastructure are already addressed, as the property is fully fenced and connected to all essential utilities, including water, telephone, and sewage systems. Its location is highly convenient, situated near public transport links (KTEL) and approximately 1,000 meters from the coast. There is an existing building on the site, offering further potential for renovation or redevelopment. This is a prime investment opportunity in one of Heraklion’s most established residential zones.

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Distance from the sea (m) : 1000
Depth : 13
Zone : Residential zone
Position : Facade
Noise : Quiet
Building width : 5
Building : Yes
Enclosure : Yes
Facade street : Asphalt
Transportation : KTEL (Bus transport)
Building existence : Yes
Building(s.m.) : 240
Building permission : No
Good condition : Yes
Building height : 9
Number of facades : 1
Slope : Incline
Benefits : Water, Phone, Drainage
Urban condition : Inside the zoning area
Structure factor : 1.2
Cover factor : 60

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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