Plot for sale - plot of land within a settlement of 930.00 sq.m. in the area of Agios Nektarios Arkalochori - D. Minoa Pediados – N. Heraklion - Crete - Country Greece. Sale price 90,000.00 euros.

Plot for sale - plot of land within a settlement of 930.00 sq.m. in the area of Agios Nektarios Arkalochori - D. Minoa Pediados – N. Heraklion - Crete - Country Greece. Sale price 90,000.00 euros.

Arkalochori - Perfecture of Heraklion

Square meters 930

Price 90.000€

Property Code:#5280

BRIEF DESCRIPTION

Plot for sale - plot of land within a settlement of 930.00 sq.m. in the area of Agios Nektarios Arkalochori - D. Minoa Pediados – N. Heraklion - Crete - Country Greece. Sale price 90,000.00 euros.

PLOT LOCATION 35.148937, 25.261680

General Area Characteristics

-The plot is 930.00 sq.m. It is entirely within the settlement, even and buildable. 15 meters of asphalt frontage.

- Building Factor: 0.8 with a maximum of 400m2 for a residence Number of Floors: 2 and maximum height: 7.5 m.

- Building Factor: 0.8, i.e. 744m2 for tourist facilities and buildings for pure professional use.

- The property is arable land suitable for agricultural cultivation due to the fact that its position allows for a direct connection to the water supply network of the area.

– There is also the possibility for direct electricity supply and connection to the sewage network.

Property exploitation possibility: At Second Chance company recommends this property for:

- Own use for the purpose of building a unique holiday home for those who wish to retreat to a quiet location. Also, cultivating olive trees gives the property owner the opportunity to be actively involved in the cultivation and sale of Cretan Olive Oil.

Investments. Realizing a small tourist unit or tourist residences which will be in great demand due to the great tourist recovery that the area has given the new International Airport that will be completed in 3 years in the Kastelli area at a distance of about 10' from the property.

Area Description

Arkalochori is located 33km south of Heraklion, almost in the center of Heraklion Prefecture at an altitude of 400m. It is a small town, which is constantly developing, and its inhabitants are engaged in agriculture, trade and the arts. Also, at the Exhibition Center of Arkalochori, the biggest Agricultural and Trade Fair of Crete takes place every year.

The real origin of the name may be found in the name of Arkoleon, which was one of twelve Byzantine princedoms into which Crete was divided.

The wider area is of archaeological interest, as a Minoan city and a small palace have been found at Galatiani Kefala. Also, at the place of Prophet Ilias above Arkalochori there is a cave, which was a place of worship in antiquity and traces of a Hellenistic settlement have been found next to it.

The development of Arkalochori will be leaps and bounds due to the fact that it is located right next to Kastelli Pediados where the New International Airport of Heraklion Crete is being built. The new Airport is expected to be the new airport of Heraklion Prefecture, replacing the existing "Nikos Kazantzakis" State Airport of Heraklion. It will serve Heraklion and Crete in general, while according to the schedule the start of operation is expected in 2027. The new airport will be the most modern airport in the country and second in size after "Eleftherios Venizelos", capable of welcoming more than 20 million visitors per year.

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Supporting documents for foreigners

In order to purchase a plot of land / residence / field or any other broker-type purchase, the interested party must be granted a tax registration number and also open a bank account in a Greek bank. The steps to follow for both cases are the following:

What supporting documents are required for the granting of A.F.M. to foreigners?

• Passport or Identity Card for citizens of European Union member countries.

• Valid passport for third-country nationals who are not residents of Greece. In the event that their details are not written on it in Latin characters, a clear photocopy of the passport, translated by the competent services and institutions, is submitted.

• If the foreigners, nationals of third countries, are residents of Greece, their valid residence permit or the evidence proving that they have entered and reside legally in the country, in accordance with the applicable legislation at any time, must also be presented.

The steps and forms that must be completed in order to assign a Tax Registration Number to a citizen of a Foreign country are the following:

1. Fill out Form M1 - Issued by the Tax Office - VAT return

2. Fill in Form M7 – Issued by the Taxpayer Relations Office (between a foreign resident and the recipient)

3. Photocopy of tax representative's identity card

4. Responsible declaration with the original signature by the tax representative that he accepts to be the recipient of the TIN applicant

5. Photocopy of passport or European citizen card

6. Declaration of permanent tax residence with contact details and email

Also, in order to open an Account in a Greek bank, the following supporting documents must be presented to the Greek bank:

1. Permanent Residence Documents

2. Passport

3. Tax clearance notes from the Taxing Country stating the tax registration number and the annual income

4. Telephone and Electricity bill

5. Certificate of profession – Commencement of work from the competent chamber or certificate from another authority or employer or last payslip showing the employer's details

6. Certificate of Greek VAT number from competent D.O.Y (See instructions next to it)

All the above documents must be certified by the Greek Embassy or Consulate of the country of origin.

If the mentioned documents are in the English language, they are acceptable, if they are from another country, an official translation and validation of the documents in the Greek language is required.

If the customer is a US citizen they must sign a FATCA W9 or W8 form

The Area

Property assignment

Property demand

Plot for sale - plot of land within a settlement of 930.00 sq.m. in the area of Agios Nektarios Arkalochori - D. Minoa Pediados – N. Heraklion - Crete - Country Greece. Sale price 90,000.00 euros.

Arkalochori - Perfecture of Heraklion

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The Area

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