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Halcyon Hills

Location:
Samos - Greece

Property Reference:
PA53-AzuHalcyonHills

Price:
£185,000

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Property Details

Overview

Beach Front Location
8% Guaranteed Rental Return For Two Years!!

Many investors have funds tied up in property elsewhere. If you decide to release this equity with finance and invest in Halcyon Hills, then the developer will pay your interest payments until completion!!!!!

Completion Date: End 2011/beginning 2012

Halcyon Hills offers not only one of the most stunning settings for a 5-star Spa and Marina resort but also offers one of the best investment packages. Designed by one of the most respected architects in Greece, with an excellent reputation and wealth of experience, the development is built on a slope which ensures all properties have stunning sea views over the bay of Klima to Asia Minor.

The design concept is to emulate the village tradition of the island, therefore the resort is split into hubs which encompass a range of property types from one bed apartments, one bed luxury Villas, two bed superior Villas to three bed premier Villas, all with sea views. Private pools are optional on many of the units. The varying design of the properties is intended to heighten the sense of community living while creating a pleasing and interesting aesthetic.

The resort has a stunning array of facilities, of which the piece de resistance is the 1,200m2 Spa, designed by the internationally renowned Spa design company Blue Spa. There is a selection of bars and restaurants within the resort, coupled with shops, water sport facilities and tennis courts.

The Marina at Halcyon Hills is designed to support up to 36 vessels, from pocket cruisers to super-yachts. The Marina is a subtle yet significant addition to the resort, creating in Halcyon Hills one of the few places on Samos where you can admire your yacht from your villa terrace whilst sipping a glass of delicious local Muscat wine! Internet, telephone and facsimile services are offered in the Marina's Information Centre. Bank ATM, baggage storage and postal services will also be available. Arrivals will also benefit from a souvenirs shop, a boutique and the other resort facilities. For a more comprehensive stop over the newly opened state of the art Pythagorio marina is just a few miles sail west of the resort.

Key Points

* 8% Guaranteed rental return for the first two years of operation
* Luxury property from just £176,000
* Reserve now, pay nothing until 2011
* Anticipated capital appreciation of £185,000 by completion
* Fractional ownership available from just £19,000 total investment
* Purchase prices fixed in GBP for your financial security
* Fully refundable reservation fee for up to 14 days
* Two 5-star luxury spa Facilities
* Facilities include private marina, tennis courts and dive centre
* Just 3.5 hours flight time from the UK
* Beach front location
* Sea views from all properties
* Established local and international resales market
* AIPP Registered Developer
* Lifetime Aftercare

Rentals

Halcyon Hills offers not only one of the most stunning settings for a 5-star Spa and Marina resort but also offers one of the best investment packages. All properties within the Halcyon Hills Resort can enter into the rental scheme which guarantees an 8% rental return in the first two years of operation, whilst allowing the owner 14 days free usage.

The properties within the Halcyon Hills resort must be fully furnished if they are to be entered into the rental pool. If you wish to take advantage of the rental guarantee The Halcyon Hills Resort is offering a furniture package which will mirror the traditional Greek architecture of the resort, complementing the modern day luxuries necessary for a five star classification.

The furniture packs are offered at a subsidised rate of only 200 Euros per m2.

Fractional Ownership

The Developer of Halcyon Hills is offering a cost effective way to own your dream overseas home through their Fractional Ownership option. You can own a property at Halcyon Hills from £19,000 total investment (deposit £7,000). This innovative ownership formula provides complete investment, legal and tax benefits of property ownership which are passed through to you, or your heirs, and may be sold at anytime. It also offers a guaranteed rental return for the first two years. Unlike whole ownership, if you decide not to use it, with fractional ownership your dream property can become a reality at a fraction of the normal cost. If you ever choose not to use your property, then you can enter it into the rental program and achieve a rental return. The fractional opportunity also offers the reassurance of less initial outlay for a property that you will most probably only use for a maximum of one month a year.

Key Points

* Low purchase cost yet use of all the same facilities
* No maintenance concerns,the management company will take care of this in your absence
* Full ownership of your fraction of the property
* 4 weeks use per year, split between low & high season
* Guaranteed 7% rental return for two years (if you don't use the property in the high season)
* Prices are currently below market value, dramatically lower than those of our competitors
* No purchase taxes, free furniture package
* Just 40% down and nothing further to pay until completion

Samos

Samos is an Island steeped in history and culture and has some of the most beautiful breathtaking scenery Greece has to offer. Being the eighth largest Greek Isle, Samos has an area of 477km², boasts two cities and a variety of boutique tourist destinations from the delightful marina resort of Pythagorio to the picturesque Kokkari.

Price quoted refers to a ground floor 55 m2 entry level apartment.
The swimming pool for the apartment quoted is a communal pool.

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