Sale, Land, Residential

IRAKLIO KRITIS - CENTER

Property Code: 521594

Area 245 m²

380000

or by acquiring a mortgage €/ΜONTH

1551.0204081633 € / m²

Modify Date: 11/05/26

Description

Prime high-visibility plot for sale on a central avenue in Heraklion. This high-commercial-value property is situated in a strategic location of the city, featuring an extensive frontage on a major arterial road that ensures maximum visibility and easy access. The plot offers exceptional development potential with a Plot Ratio of 1.8 and a Coverage Ratio of 60%. It is ideal for any type of development, ranging from modern office buildings and flagship retail stores to high-end residential complexes. An outstanding investment opportunity that perfectly combines commercial momentum with close proximity to the city center.

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Distance from the sea (m) :	1
Depth :	1
Zone :	Residential zone, Commercial
View :	Park, Square
Position :	Corner, Facade
Building width :	15
Building :	Yes
Enclosure :	No
Facade street :	Asphalt
Transportation :	Bus
Building existence :	Yes
Building(s.m.) :	441

Good condition :	Yes
Building height :	1
Number of facades :	1
Slope :	Level
Benefits :	Electric, Water, Phone, Drainage
Urban condition :	Inside the zoning area
Structure factor :	1.8
Cover factor :	0.6
Energy Class :	F

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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