Sale, Land, Residential

RETHIMNO - ARMENI

Property Code: 504038

Area 8429 m2

215000

or by acquiring a mortgage €/ΜONTH

25.507177601139 € / m2

Modify Date: 09/01/26

Description

For sale: a buildable and level plot of land of 8,429 sq.m. in Armenoi, Rethymno. The plot features olive trees and a vineyard, has a 133-meter frontage on a public road, making it ideal for a residential property or commercial use. A house up to 200 sq.m. can be built, with the possibility of larger construction for a commercial warehouse depending on the building. This is an excellent opportunity for those looking for a large plot in a prime location with easy access and many development possibilities.

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Distance from the sea (m) : 15000
Depth : 63
Zone : Outside the zoning area
View : Sea, Mountain
Position : Facade
Building width : 133
Facade street : Dirt road
Building existence : No
Building(s.m.) : 200
Good condition : Yes
Building height : 7.5
Slope : Level, Amphitheatrical
Urban condition : Outside the zoning area
Structure factor : 0.2
Cover factor : 0.1

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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