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Land for sale in Adamas, Mykonos, Greece

Land for sale in Adamas, Mykonos, Greece - photo 1
Land for sale in Adamas, Mykonos, Greece - photo 2
Land for sale in Adamas, Mykonos, Greece - photo 3
Land for sale in Adamas, Mykonos, Greece - photo 4
Price€2,500,000
TypeLand
Land area30000 m²
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Environment

Sale - Land 30000 m² in Cyclades

For sale Land 30000 sq.meters in Cyclades...

The plot is located in Mylos.

There is a possibility to build a hotel with a private beach.

Milos is largely an undiscovered island, with perhaps the most interesting coastline of any other island this size in the world. A volcanic island, Milos is known as the island of colors, mainly because of its spectacular, colorful rock formations. Milos is the southwesternmost and 5th largest island of the Cyclades archipelago, only 3-5 hours from Athens by ferry, or 30 minutes by aircraft. Milos Island is located west of Santorini, right between Heraklion, Crete and the Greek mainland. The 5,000 inhabitants of Milos Island earn their living primarily through tourism and mining, and to a lesser extent through fishing, farming, and agriculture.

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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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%
Jane
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