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Property for sale information

 
Greece, Samos Island -3 yrs guaranteed rental...30% down, nothing further until completion! Fantastic Finance Options  
Reference nr: TR979679
Description:

GUARANTEED BUY BACK ON COMPLETION

Prices Start at €189,000

Five Star Spa Resort

Front Line Location

New Marina Development

8% Guaranteed Rental Income for 3 years

30% Down, Balance on Completion

Make €273,000 by completion*

The Figures!

Property Type 2 Bedroom Luxury Villa
Purchase Price €399,000
Profit made by July 1st €40,000
Return on deposit by July 1st 33%
Profit made by completion €273,000
Return on deposit by completion 228%

The Development

Nestled on the verdant Island paradise of Samos, the breathtaking Halcyon Hills resort combines ancient character and charm with the luxuries of modern life. The very best of the old and the finest of the new, combine to create a truly unique property experience.

From relaxing in the warm waters of the infinity pool while admiring the graceful sunset, to dining in the world-class restaurant and sampling the fresh and inspiring flavours of the local Greek cuisine, we guarantee you will find it impossible not to fall in love with your home away from home at Halcyon Hills Luxury Resort & Spa and with the captivating island of Samos.

The concept behind Halcyon Hills Resort & Spa is one of ancient tradition coupled with modern luxury. A total of nineteen different property styles will be scattered throughout the resort and every individual property has been mapped and designed to take full advantage of the glorious ocean views.

From kampanas with roof gardens to villas with sprawling terraces and pools, Halcyon Hills Resort & Spa will enjoy a truly authentic village ambience. The Resort will not only be an indulgent holiday home but also an enchanting place to live.

The Facilities

Facilities at the resort will include the five star spa with infinity pool, well equipped gym, tennis courts, childrens club, traditional and family restaurants, diving and water sports centre, two further shops and a piano bar.

The Marina

The marina at Halcyon Hills will be a subtle yet significant addition to the resort, allowing owners to berth their yachts for convenience whilst island hopping throughout Greece. The new marina at nearby Pythagorio is a mere five miles away from the resort.

Halcyon Hills is not only designed to be the very pinnacle of luxury accommodation on the island of Samos, the resort is also at the forefront of eco-technology.

All construction materials used will be produced or sourced locally, reducing the carbon footprint of the build. The use of electricity on the site will be significantly boosted by the careful placement of solar panels, and water at Halcyon Hills will be recycled to keep the grounds lush and green throughout the year. The resort will also process its own freshwater requirements. The facilities will be heated via a geothermal heating system.

These and other environmental initiaitves will help to minimalise the environmental impact of the resort and will contribute to its maintenance, years on from completion.

ALL PROPERTIES COME WITH A GUARANTEED RENTAL INCOME OF 8% FOR THREE YEARS!

Bedrooms: Bathrooms: Price (€):
2 1 189,000
Features:
Beach
Spa
Submission Date:
06-03-2008
Last Update:
06-03-2008
Advertiser Details:


Name:
Trevor Reece

Company:
Reece Carrington

Phone:
01939 220420
Fax:

Mobile:

 
Property Photo Gallery

 

View from the site

Halcyon Hills

What a view

Map of Samos

View from the site
 
Calculators

 
Property price: €189,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations