Investment Property near Chania for sale
Property type: Land, Home | |
ID: BP911 |
Land Area: | 2.157m² |
Building Allowance: | 1.163m² |
View: | Sea, Mountain, City |
Property for sale in a privileged location near the city of Chania. The plot measures a size of 2,157 sqm in which a three-storey building has been built with a total area of approximately 439sqm. The plot is on a corner and has a face as follows:
- 25m on the old National Road Chania-Kissamos and
- 74m on the side road
Located at the highest point of the hill, it enjoys unobstructed sea views and is about 400m from the beach of Chrysi Akti.
Tourist - Commercial Use
The plot has a clear investment character as for purely tourist-professional use it has a building capacity of 1,163 sq.m. Besides, many tourist and hotel businesses have been developed in the wider area.
Today's Status
In its current form the property consists of:
- Ground floor house with an area of 143.40sqm
- Apartment on the 1st floor with an area of 147.65sqm
- Unfinished apartment on the 2nd floor with an area of 147.65sqm
Urbanization of the Settlement
The proposal for the spatial organization of the B1 Stage of the study "Study of the General Urban Plan of Nea Kydonia" under preparation envisages the urban planning of the settlement "Makris Tihos" (inclusion in a city plan). It is noted that this development is extremely important for the property as in this case the plot will ensure much larger building right (approximately 1,300sqm) for houses. To clarify that until the relevant urban planning study is instituted, the areas within the boundaries of the settlement are built in accordance with the applicable provisions.
Investment Character
This is undoubtedly a property with a large investment perspective. Either immediately with the construction of a hotel or in the future with the construction of houses, the property can provide a significant return on investment and a quick repayment of the invested capital. However, even in its current form, it can generate - through the rental of the existing apartments - a significant annual income.
Features
View | Sea|Mountain|City| |
Location: Chania
Points of Interest
City of Chania | 3,6km |
Chania Airport | 17,0km |
Souda Harbour (Chania) | 9,1km |
Chania Hospital | 4,4km |
Venetian Harbor | 4,1km |
Settlements
Agii Apostoloi | 1,5km |
Daratsos | 1,9km |
Galatas | 2,9km |
Mournies | 4,4km |
Pervolia | 4,5km |
Beaches
Hrisi Akti | 428m |
Agii Apostoli | 1,3km |
Glaros | 1,7km |
Nea Chora | 2,3km |
Stalos | 3,9km |
Cost and Taxes
Asking Price | 700,000€ |
Real Estate transfer tax | 21,630€ |
Value added tax | - |
Estimated total ammount for taxes | 21,630€ |
Estimated Realtor 's commission | 17,360€ |
Estimated Notary 's Fees | 13,020€ |
Estimated Attorney 's Fees (optional) | 13,020€ |
Total amount for fees (VAT is included) | 43,400€ |
Land Registry | 4,200€ |
Closing costs | - |
Total potential expenses | 4,200€ |
My Notes
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Investment Property near Chania | ID: BP911