Halcyon Hills (BA01)
Location: Samos, East Aegean Islands, Greece (GR)
Price: 160,000 GBP
Property Type: Apartment
Property Condition: New
Bedrooms: 1 Bathrooms: 1
Internal size: 50.39 m²
Samos - The Island
Samos is part of the East Aegean islands of Greece, located south of Chios,
east of Ikaria and at its closest point only 2 miles west of Turkey.
Travel
Located on the south coast of the island,Samos International Airport currently handles over 250,000 travellers per annum. This figureis expected to rise by 20% per year. There is an abundance of reasonably priced local car hire firms on the island as well as numerous organised excursions.
Samos is an Island steeped in history, culture and some of the most beautiful scenery Greece has to offer. Being the 8
th
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. With flights available direct from the UK, getting there has never been easier.
Samos Tourism
Not only is there an international airport on the island which receives flights from all over Europe, there are also two ferry terminals.
Tourism on the island increased by 21% in 2006 and 40% of all tourism is from Greek Nationals, ensuring a strong local demand.
At present, there is one five star resort on the Island: http://www.doryssa-bay.gr. We have commissioned Christie & Co. to produce a feasibility study into five star tourism on the island. The report that was produced strongly indicates that there is a need for further upmarket tourism on the island. Tour operators offering package holidays to Samos include Thomson, Tui, First Choice and Cosmos. With flights to Samos available direct from around the UK,getting there has never been easier Posidinio Harbour, a few minutes walk from Halcyon Hills.
Why Halcyon Hills?
• 8% Guaranteed rental return for the first three years of operation
• Anticipated 14% rental return thereafter
• Luxury property prices from just £160,000
• Reserve now, pay nothing until 2011
• Anticipated capital appreciation of £185,000 by completion
• Fractional ownership available with just £15,300 investment
• Purchase prices fixed in GBP for your financial security
• Fully refundable reservation fee for up to 14 days
• 1,200m2 five star luxury spa
• 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 company
• Lifetime Aftercare
The resort has been meticulously designed to incorporate stunning sea views from all properties
To the right is the proposed site plan as produced by Yiannis Vikelas, one of the most respected architectsin Greece, with an excellent reputation and wealth of experience. Some of his portfolio can be seen at www.vikelas.gr (currently under construction but showing many of his previous projects).
The actual facilities shown and layout of the properties are subject to change.
As the site is built on a slope, all propertieswill have stunning sea views over the bay of Klima to Asia Minor. The concept behind the overall construction is to emulate the village tradition of the island. Therefore, the resort is split into hubs which encompass a range of property types. The varying design of the properties is intended to heighten the sense of community living while creating a pleasing and interesting aesthetic.
All properties at Halcyon Hills benefit from stunning sea views and free outside areas. Private pools are optional with many units.
Facilities
The resort is going to have a stunning array of facilities, of which the ‘pièce de résistance’ will be the 1,200m2 Spa. The Spa, which is being designed by the internationally renowned Spa design company Blue Spa, who designed and operated the exclusive Mayfair Spa (www.mayfairspa.com) in the Radisson
Edwardian, Mayfair hotel amongst others.
In addition to the Spa, there will be a comprehensive array of other facilities. There will be a selection of bars and restaurants within the resort, coupled with shops, watersport facilities and tennis courts.
The bay of Klima already has two restaurants languishing on its water’s edge, which will of course be within easy reach. The tourist resorts of Pythagorio and Psili Ammos are 10km and 2km away respectively.
The Capital of Vathy with its eclectic mix of sites of cultural significance, shopping centre, restaurants and a range of lively bars, is only a short 15 minute drive from the resort.
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World Class Spa
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Tennis courts
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Exclusive Marina
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Gymnasium
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Dive Centre
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Water Sports Centre
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Outdoor Infinity Pool
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Indoor Pool
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Two Restaurants
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Reception
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Children’s Club
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Conference Centre
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Boutique
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Convenience Store
Finance
There are various finance options available to you. One of the easiest methods of finance is to
reserve your property today with just £1000 and pay nothing more until 2011. The developer pays
towards the interest payments on your deposit and the balance of 70% isn’t due until completion!
Before completion:
The payment structure for Halcyon Hills is very straightforward.
• 10% of the property price is payable within30 days of the contract date.
• 20% of the property price is payable within60 days of the contract date.
• 70% of the property price is payable when the property is completed.
Many investors have funds tied up in propertyelsewhere. If you decide to release this equitywith finance and invest in Halcyon Hills, then the developer will pay your interest payments until completion.
So with just a £1000 reservation fee, you can secure a five star luxury property available at under themarket value with minimal financial outlay and maximum capital gain. We will be delighted to put you in touch with an independent financial advisor who can talk you through the options available to you.
After completion:
The remaining 70% isn’t due until completion; by which time your property has increased in value in-line with the market predictions and market valuations. Your property is now worth substantially more than when you first borrowed on its value. This means, there is now ample equity in your property from which you can mortgage and easily settle your finance.
When you come to mortgage your property after completion, the three year guaranteed rental return and anticipated 14% rental return thereafter substantially assist your repayments.
For an individual breakdown of how you can buy now and pay nothing until 2011; contact us today and our friendly advisors will be happy to talk you through the process.
The developer will pay up to an 8% cashback per annum on client UK-sourced finance secured for the first 30%. Cashback payments will be paid from the loan agreement date for a maximum of three years or until property completion (whichever is soonest). Halcyon Hills is not responsible for the repayment of any loans or mortgages and your property is at risk if you do not keep up repayments .
Contact us for a full Brochure.
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