Sale, Land, Residential

FAISTOS - CENTER

Property Code: 540598

Area 202 m2

135000

Calculate my installment

668.31683168317 € / m2

Modify Date: 21/10/26

Description

Investment Plot of 202 sq.m. with 424 sq.m. Building Allowance in the Center of Mires – €135,000 ​Exclusively listed by our agency, an exceptional street-front investment plot measuring 202.09 sq.m., situated in one of the most privileged and strategic locations in the heart of Mires, Heraklion. ​The property is positioned between the town's two main thoroughfares, offering the key advantage of immediate walking access (within 2 minutes) to supermarkets, restaurants, commercial shops, banks, and all public services. ​Key & Technical Specifications: ​Plot Area: 202.09 sq.m. ​Dimensions: Frontage 11.30 m x Depth 18.43 m ​Orientation: West-facing (Street-front) ​Access: Easy access via a 6-meter wide paved road ​Building Floor Area Ratio (FAR): 2.10 ​Site Coverage Ratio: 0.70 (70%) ​Total Maximum Building Allowance: 424.38 sq.m. ​Maximum Permitted Height: 13 meters (suitable for multi-story development) ​Existing Structure: Old building of 165 sq.m. (to be demolished) ​Topographic Survey: available ​Location & Distances: ​Mires Town Center: 1–2 minutes' walk to all major amenities and services. ​Kokkinos Pyrgos Beach: ~17 minutes by car. ​Heraklion City / International Airport: ~40 minutes via the new main highway. ​Development Potential & Investment Value: ​Thanks to its high building density ratio (424.38 sq.m.), generous maximum height allowance (13 m), and wide frontage (11.3 m) on a 6-meter road, this property offers outstanding development versatility: ​Residential Complex Development: Construction of an apartment building or studio units offering high yield potential for long-term or short-term rentals. ​Mixed-Use Building: Commercial shop/office space on the ground floor with independent residential apartments on the upper floors. ​Private Residence: Construction of a spacious, modern maisonette complete with a private garage and courtyard. ​For further information or to arrange a viewing, please contact us.

Interested in this property?

Now through the website goldenhome.gr you can send a direct request for an appointment to show the property you are interested in. The service is completely free, fill in your details

Distance from the sea (m) : 10.000
Depth : 18.43
Zone : Residential zone, Commercial
View : Sideway
Position : Facade
Building width : 11.43
Building : Yes
Facade street : Asphalt
Building existence : Yes, To be demolished
Building(s.m.) : 424.38
Good condition : Yes
Building height : 13
Slope : Level
Urban condition : Inside the zoning area
Structure factor : 2.10
Cover factor : 0.7
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.

Looking for the perfect home? Get the financing you need! Click the button below to register your interest in a mortgage loan.

CALL US