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2 bed a house for sale in Korakas, Crete, Greece, 97.93 m²

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Price€120,000
Typea House
Year built1939
Covered area97.93 m²
Land area50 m²
Beds2
Bath1
Rooms3
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House In The Southern Part Of Crete

The house is located in a traditional small village called Rodakino in the south of Crete. It is located in a region protected by Natura, which has the status of a cultural and natural heritage site prohibiting the dense development of multi-storey real estate, large hotel complexes and social and cultural facilities (clubs, bars, restaurants). In this area, unique herbs and trees grow which have a beneficial effect on the respiratory system. There is no house territory due to the peculiarities of the local development of the village, the entrance to the house is marked by a podium (tiling) from the adjacent asphalt road. The road is quiet is not a busy highway, is used for movement by local people, single-lane. The distance to the nearest stop is 200 meters, the intervals of which correspond to the schedule 2 times a day, morning / evening. Objects of commerce, entertainment, medicine, technical maintenance are located 39 km from the house (40 minutes) in the city of Rethymno, 3000 m away there are municipal well-maintained beaches, cafes, taverns and a supermarket, 6 km away is the resort town of Plakias, where there is a medical office and pharmacies , service stations and gas stations, supermarkets, hairdressers. Technical support of the house is centralized cold water supply (water is also drinking), hot water supply is regulated by supplying cold water to the tanks and heating from solar panels, a boiler is installed for additional heating of the house. It is equipped with power supply, air-conditioning and biofuel fireplace. The building is in good condition, it was renovated in 2019, overhaul and interior decoration with the replacement and renovation of the heating system (installation of a new fireplace, new air conditioners and updating the automated system of independent heating).

House area – 97,93 sq.m.
Plot area – 50 sq.m.
Year of construction – 1939
Year of renovation – 2019
Bedrooms – 2
Bathrooms – 1

Sea – 3000 m
Airport – 1 hour 50 minutes

Extra Сosts when Buying Property

TRANSFER TAX
If the Building Licence was issued on or after 01/01/06 and the seller is a developer-contractor 24%
Otherwise 3.09%
OTHER FEES
Land Registry Fees 0.5% (+24% VAT)
Notary fees 1.5% (+24% VAT)

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Interest Rate
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Ongoing Ownership Costs

Water supply €60-250 p.a.
Heating €0.104 KW/h
Electricity €0.07 KW/h
Gas €140-400 p.a.
Telephone and Internet €180-600 p.a.
Expenditure on common areas €200-400 p.a.
Income tax return from €50 p.a.
SINGLE REAL ESTATE PROPERTY TAX (PRINCIPLE
For buildings €2-13€/m2 p.a.
For plots of land in settlements 3-9€/1000 m2 p.a.
For plots of land outside settlements 1€/1000 m2 p.a.
REAL ESTATE PROPERTY TAX (ADDITIONAL)
Price from 200,000 0.1%
Price from 250,000 0.15%
Price 300,000-400,000 0.3%
And so on

Additional Services Costs

Legal fee 1.5% (+24% VAT)
Real Estate Agent Fee 2% (+24% VAT)

Return on Investment

Property Price
Rental Cost
0%
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