Golden Home Property Image
Golden Home Property Image
Golden Home Property Image

Sale, Land, Residential

PAROS - KOSTOS

Property Code: 483021

Area 1280 m2

120000

or by acquiring a mortgage €/ΜONTH

93.75 € / m2

Modify Date: 04/07/25

Description

Kostos, Paros – Corner Plot of 1,260 sq.m. with 3 Street Fronts & Building Potential up to 260 sq.m. – Rare Investment Opportunity in Traditional Settlement Just 200 meters from the picturesque center of the traditional village of Kostos, a unique plot of 1,260 sq.m. is available for sale, created by the combination of two adjacent corner plots. The property boasts three street frontages, with a total façade of approximately 70 meters and a depth of 45 meters, offering exceptional flexibility in architectural design and development potential. The land is buildable, allowing for construction of up to 200 sq.m., or 260 sq.m. in the case of a stone-built house, with the additional option of a basement and a swimming pool. Construction of up to two levels is permitted, making it ideal for a private residence or a high-end hospitality project. It offers easy car access via a municipal road, and all essential utilities are nearby: electricity, municipal water supply, telephone line, and sewage network. Kostos is one of the most authentic and charming villages of Paros, with strong Cycladic character and peaceful surroundings. Ideally located just 7 km from Parikia and 5 km from Naoussa, it provides a perfect blend of serenity, natural beauty, and accessibility. This is a rare opportunity to acquire land with development potential in an up-and-coming area, perfect for a permanent or holiday home, or a tourism-oriented investment in harmony with the island’s architectural identity. The sale concerns the unification of two plots originating from the subdivision of a larger property. Legal and notarial procedures are already underway. The plot size is approximate, and the expected time to finalize the process is around 3 months. A deposit is required from serious buyers to initiate the legal transfer procedures.

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Distance from the sea (m) : 6500
Depth : 45
Zone : Commercial, Rural
View : Mountain
Position : Facade
Noise : Quiet
Building width : 70
Building : Yes
Enclosure : No
Facade street : Asphalt
Transportation : Bus
Building existence : No
Building(s.m.) : 200
Building permission : No
Good condition : Yes
Building height : 7.5
Number of facades : 2
Drilling : No
Slope : Level, Incline, Amphitheatrical
Benefits : Electric, Water, Phone, Drainage
Urban condition : Inside the zoning area
Structure factor : 0.2
Cover factor : 0.2

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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