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Sale, Land, Residential

IRAKLIO KRITIS - Mastampas

Property Code: 475505

Area 400 m²

450000

or by acquiring a mortgage €/ΜONTH

1125 € / m²

Modify Date: 16/05/25

Description

Prime Corner Plot for Sale in Mastampas – Sea View & Ready to Build Located in one of Heraklion’s emerging residential areas, this premium corner plot offers an exceptional opportunity for investors or individuals seeking to build a luxury home. Surrounded by modern apartment complexes and urban development, the location combines a peaceful neighborhood feel with city convenience. ✅ Building coefficient: 1.2 ✅ Building permit approved – start construction immediately ✅ Elevated position offering sea views from the first floor ✅ Next to a charming local square ✅ Close to schools, supermarkets, and daily amenities Whether you're planning your dream home or seeking a secure investment in one of Crete’s most promising districts, this plot checks all the boxes.

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Distance from the sea (m) :	2000
Depth :	20
Zone :	Residential zone
View :	Sea, Mountain, Square
Position :	Corner
Building width :	20
Facade street :	Asphalt
Building existence :	No
Building(s.m.) :	480

Good condition :	Yes
Building height :	9
Number of facades :	2
Slope :	Level
Urban condition :	Inside the zoning area
Structure factor :	1.2
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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