€170,000

Peloponnese properties, some with EOT licenses available, located on a sandy beach. Beautiful complex of 34 houses varying in size with 2 and 3 bedrooms, some with pool included, adjacent to a beautiful “Blue Flag” sandy beach, being built on substantial 65,000sqm plot 5Km from Killini ( Kylini). Guaranteed rental income is also available for those looking for an investment opportunity.

The area offers facilities such as the brand new golf course and the new Athens- Pirgos highway. Marina facilities are available nearby. Another advantage of the area is that there are approx 300 days of sunshine a year and the average temperature during the summer is 30 – 35 degrees.

This is a beautiful area with endless sandy beaches and traditional villages. It is also an area well known for its historical monuments, the most famous being ancient Olympia, the birthplace of the Olympic Games in 776BC.

Currently available:

• 2 bedroom/2 bathroom properties, situated at the rear of the plot, each approx 84sqm. ( more photos available upon request)

Price from 170,000 Euros. ( refs IA3 and I2)

• 3 bedroom/3 bathroom properties, situated at the centre of the plot, each approx 111sqm. (more photos available upon request)  8 villas are currently available as below.  Please note that these villas are 70 - 90% complete. The price is for the finished villa and tit is estimated that the finishing work will take 2 - 4 months to complete,

• F2 at 275,000 Euros


• Z1 at 275,000 Euros


• Z2 at 270,000 Euros


• H1 at 275,000 Euros


• H2 at 275,000 Euros


• H3 at 270,000 Euros


• K2 at 280,000 Euros


• K3 at 280,000 Euros
      

       Property features:

• EOT Licences available for the 84 and 111sqm properties.
• Guaranteed rental income – see below for further details.
• Designed in minimalist style with large open surrounding spaces.
• Granite floors.
• Double glazing.
• Italian kitchen furniture.
• Wardrobes.
• Air conditioning.                         
• Car parking space.
• Garden irrigation.

Optional Extras:

• “Turn Key” packages for 14,000 – 17,000 Euros. This would cover everything needed to fit out the property. For example: Furniture, carpets, electrical appliances, TV/DVD/Stereo, sheets and towels, cutlery. 

Additional information:

Once the property is completely fitted out, a rental income guarantee package can be offered based on 4% of the purchase price - 4,800 Euros for the 84sqm villas and 8,000 Euros for the 111sqm villas. This amount would be paid annually at the end of each year.

If an exclusive 2 - 3 years rental agreement is in place, the purchase price may be reduced by 2 - 3 years' worth of rental income.

Travel information from the UK/Europe:

• Fly to Zante and then take a ferry, available hourly, and takes about one hour - this seems to be the most popular route.


• Fly to Kalamata airport which is a 2 hour drive away.


• Fly to Kefalonia and then take a ferry which takes about 1.5 hours.