Sale, Land, Parcel

PALEA FOKEA - CENTER

Property Code: 483919

Area 1169 m²

250000

or by acquiring a mortgage €/ΜONTH

213.85799828914 € / m²

Modify Date: 15/07/25

Description

For sale: Plot of 1,179 sq.m. in Palaia Fokaia, located outside the city plan but within a zone currently under urban planning integration, just 100 meters from the local market. The land offers road frontage and easy access, situated in a quiet and low-density area with strong investment potential due to its upcoming inclusion in the zoning plan. On the plot there are two legalized, ground-level buildings with a total area of 70 sq.m. (two 35 sq.m. studio apartments), which may be renovated or utilized as is. Ideal for constructing a holiday or permanent residence, or as an investment property, given its proximity to beaches, amenities, and future development prospects.

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Distance from the sea (m) :	1000
Depth :	65
Zone :	Residential zone
View :	Mountain
Position :	Facade
Noise :	Quiet
Building width :	15.5
Building :	No
Building existence :	Yes
Building(s.m.) :	0

Building permission :	No
Good condition :	Yes
Number of facades :	1
Slope :	Level
Benefits :	Electric, Water, Drainage
Urban condition :	Outside the zoning area

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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