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Samos Island, Aegian Islands, Greece, 8% guaranteed rental income for 3 years, Fantastic finance options / From Euro 189,000, Hurry, buy now! Price increase of 10% fr,



Type
Apartments, townhouses,villas 
Bedrooms
Reception
 
Offer Status
For Sale 
Estate Agent
Locations
 
From

POA

Description

HURRY! BUY NOW! PRICE INCREASE OF 10% COMING INTO EFFECT BY 30TH JUNE 2008!
• 8% Guaranteed rental income for 3 years
• Make up to €301,000 by completion
• Fractional ownership available with just €18,000 investment
• 930m2 5-star spa
• Facilities include tennis courts, dive centre, gym, and more
• Just 3.5 hours flight time from the UK
• Buy with just 30% down - nothing further to pay until completion
• Beach front location
• Sea views from all units
• Exclusive private marina
• Established local and international resale market
• Purchase direct from the developer
• AIPP registered company
• Secure payments to designated Escrow
• Lifetime Aftercare
• Private outside space at no extra cost


WHY SAMOS?

They chose Samos as the location of the resort for the following reasons:

•Direct flights from the UK
•Culture and history
•200,000 holidays booked from UK alone in 2006-7; an increase of 21% on year before
•Lack of upmarket accommodation on island and government drive to increase 5-star tourism
•Established local tourism already exists
•Beautiful landscape with a mixture of sandy and stony beaches, forest, mountains and crystal blue waters
•Typically traditional Greece with no 18-30 culture
•Nothing as upmarket and luxury as Halcyon Hills on the island

WHY KILMA BAY?

They have chosen the land on Kilma Bay as the location for the luxury 5-star spa resort for the following reasons:

•The land faces south and is protected from the open sea
•Beach front
•Natural gradient of land allows a breathtaking sea view from each property
•Convenient position, only 20 minutes from airport and 20 minutes from Capital Vathy
•Fantastic marine life - ideal for swimming and snorkelling
•Due to the mountain range dividing the North from the South, the area is protected from strong winds and enjoys a better climate than the North which has a higher rain fall
•No neighbouring resorts or competition


Studio starting from Euro 189,000 (£145,000)
1-bed kampana starting from Euro 269,000 (£205,000)
1-bed townhouse starting from Euro 339,000 (£260,000)
2-bed villa starting from Euro 399,000 (£310,000)
3-bed villa starting from Euro 689,000 (£530,000)
PLEASE NOTE: PRICE INCREASE OF 10% FROM 30TH JUNE 2008!

PRICES FROM 30TH JUNE 2008 IN STERLING:
Studio from £ 160,000
Kampana from £ 230,000
1-bed townhouse from £ 290,000
2-bed villa from £ 335,000
3-bed villa from £ 580,000

NEW FINANCE OPTION

Initial 30% deposit.
Guaranteed 70% developer finance with any interest payments being added on at completion. You will then be able to apply for the Greek mortgage of 80% LTV based on the completion price in 2010. You no longer need to meet interest payments throughout the build! They can also assist you with raising the initial 30% deposit.

Full ‘BUYBACK guarantee on completion. This means that the developer will buy back the property from the customer on completion at the money they paid for it. This does not include any interest payment due if they have ‘rolled over’ the interest. The developer is happy to do this as they are confident that the properties will be worth more than they are today. We expect this to be a limited offer.


MORE FACILITIES

The massive 930 m2 spa is being designed by Blue Spa who designed the famous Mayfair Spa in London. The Spa will use the temple of Hera, which used to grace the island, as the inspiration for its look. Along with this they are taking influence from Porto Elounda Six Senses Spa that was voted best spa in the world by Times Newspaper.

•350 m2 infinity pool with views out to the ocean
•7 spa treatment rooms allowing indoor and outdoor treatments
•Relaxation areas
•Jacuzzi and steam rooms
•Gymnasium
•2 restaurants
•Cafe and piano bar
•Massive outdoor terracing for bar and restaurant areas
•Indoor pool
•Stunning waterfall and other architectural touches to the interior design

In addition to this there is a 36 Berth marina which can only add to the appeal of the resort. As Samos is a popular yachting destination, Halcyon Hills will be popular with Island hoppers, and there will be scheduled trips around the neighbouring Islands as well as Samos itself.


HIGHER ANTICIPATED COMPLETION PRICES
They are currently selling properties at a special pre release price of 3,700€ per m2 with an expected completion price of 6,000 € per m2. The end price is based on real comparables and advice from the Greek bank. This means they are currently selling up to a staggering 60% below market value!


FRACTIONAL OWNERSHIP
For investors wishing to take advantage of this superb investment or seeking the luxury lifestyle Halcyon Hills has to offer, but do not have the 30% deposit to put down, there is now another way you can make your dream a reality. For as little as €18,000 you can become a shareholder in a property, giving you both attractive usage and rental returns. Please ask for further details about Fractional ownership.


RENTAL GUARANTEE
There is a guaranteed rental income of 8% for 3 years, giving you 2 weeks use of the property, you will then enter into the rental pool giving you a 50/50 split on the rental income, but with no limitation on use. You can enter your chosen amount of weeks into the rental pool. You can opt out of the rental guarantee and use the property full time if you prefer.



THE INVESTMENT - THE LUXURY- THE LIFESTYLE

•FIVE STAR BEACH FRONT PROPERTIES FROM JUST €189,000
•FRACTIONAL OWNERSHIP AVAILABLE WITH ONLY €18,000 INVESTMENT
•GUARANTEED 8% RENTAL INCOME FOR 3 YEARS
•GUARANTEED 70% DEVELOPER FINANCE WITH NO PAYMENTS UNTIL COMPLETION
•EXCLUSIVE PRIVATE MARINA
•SEA VIEWS FROM ALL UNITS
•SELLING €250,000 BELOW MARKET VALUE


PLEASE CONTACT OUR OVERSEAS DEPARTMENT FOR FURTHER DETAILS ON 01-6771188.


Greece
This remarkable country boasts miles of gorgeous coastline, spectacular weather, and a depth of history. Greek planning legislation has recently changed as the Greek government pursues its initiative of increasing tourism on the islands by over 50% by 2013. This will inevitably open up the Greek property market to investment from the second home investor market. For many years, Spain has been the primary destination for the UK second home investor due to the lax Spanish building regulations and excellent weather. However, Greece is fast becoming the destination of choice.

Beautiful Greece
Greece has countless miles of gorgeous coastline, dotted with bustling resorts and quaint fishing villages. Not to mention the breathtaking, rugged mountainous regions. The way of life is often leisurely and meals can take many hours as the meal itself becomes a social event. With over 6000 islands, yachting is almost a national past-time as tourists and Greeks alike explore the crystal-clear, calm waters of myth.

Greek History
From Jason and the Argonauts, to the battles with Troy and the ancient Olympic games. Few countries in the world can boast the culture, history and myth, which are inherent in almost every facet of Greek history. Often described as the cradle of modern civilisation, such intellectual luminaries as Pythagoras, Aristotle, Socrates, Hippocrates and Plato walked this ancient land.

Resale Market
Greece is an established holiday destination and one of the most sought after second home locations besides Spain and Portugal. Greece boasts the same stunning weather and azure coastlines, but also benefits from stringent planning controls, preventing overdevelopment on the coast, as can be witnessed along the coasts of Spain. Greek tourism is world renowned. 17 million tourists visited Greece in 2007 and this figure is increasing year on year. The country boasts a wealth of history, character and breathtaking scenery, ensuring that tourism will always be popular. The popularity of tourism and the envious way of life ensure a strong and stable resale market, vital for when you wish to sell your property and realise your investment.


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* Currency conversion for illustration purposes only. Exchange rate supplied daily by xe.com