Halcyon Hills Luxury Resort & Spa, Samos, Greek Islands

A British developer is planning a luxury spa resort nestled on the hill side in a beautiful bay at Klima on the South East coast of the island of Samos. The site boasts fantastic unobstructed views out to the ocean. The Greek government is keen to promote 5 star tourism on the island of Samos. The island itself is located around 45 minutes flight from Athens or can be reached by direct flights from other major european airports including Zurich as well as London Gatwick.

The property market on Samos is very much in its infancy which in effect makes it an emerging market within a mature market that is Greece. Good infrastructure and legal system. In terms of comparables there is nothing like what Halcyon Hills will become on the island of Samos. You have to look to the island of Crete and Cyprus to find what we believe to be the closest comparables.

Investors can benefit from an inavative finance scheme which means you can invest in a property at Halcyon Hills with little or no money down. If you borrow your initial 30% deposit (from £49,500) the developer will pay your capital and interest repayments on the loan. All you will pay before completion in 2011 is a £1,000 reservation fee. Also available at Halcyon Hills is fractional ownership with investments from £6,400.