Sale, Land, Residential

IRAKLIO KRITIS - AGIOS IOANNIS CHOSTOS

Property Code: 512535

Area 1695 m²

847000

or by acquiring a mortgage €/ΜONTH

499.70501474926 € / m²

Modify Date: 27/02/26

Description

This property offers an excellent opportunity for professional or mixed-use development in a highly strategic location. The plot can be used for business purposes, making it ideal for offices, retail stores, medical practices, showrooms, or other commercial activities. Its flexibility allows investors and entrepreneurs to design and adapt the space according to their specific needs. One of the main advantages of this property is its proximity to a very central road, ensuring high visibility and easy accessibility. The area benefits from steady traffic flow, both vehicular and pedestrian, which significantly enhances its commercial value. In addition, the plot features a particularly wide frontage, offering excellent exposure and making it suitable for prominent signage and an impressive façade. This characteristic not only increases visibility but also strengthens brand presence for any future business established there. Overall, this is a prime investment opportunity in a location with strong development prospects.

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Distance from the sea (m) :	3000
Depth :	43
Zone :	Residential zone, Commercial
Position :	Corner
Noise :	Quiet
Building width :	50
Facade street :	Asphalt
Building existence :	No
Building(s.m.) :	1356

Good condition :	Yes
Building height :	7.5
Urban condition :	Inside the zoning area
Structure factor :	0.8
Cover factor :	0.6

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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