Halcyon Hills, Samos, Greek Islands
From €189,000 EUROS
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Halcyon Hills Luxury Resort & Spa offers the opportunity to invest in a luxury 5 star resort on the stunning Greek island of Samos with just 30% down and balance on completion. The only resort of its type on the island, Halycon Hills is set to become one of the finest and opulent spa hotels in Greece. Investors in the project now have the ability to more than double their initial deposit before completion.
- Luxury Resort & Spa
- Prices from £145,000 to £530,000.
- Apartments, Kampanas, 1 bedroom townhouses, 2 and 3 bedroom villas with private pool
- 30% initial deposit required with no further funds down until completion
- 70% Guaranteed mortgage on completion
- 8% Rental Guaranteed for 3 years from the day the resort opens
- All properties have stunning ocean views
- Excellent scope for capital growth
- Block on future building means resort will remain exclusive
- Resort is being built around a 1,200 m2 world class spa
- Comparable spa resort property being sold at €2,400,000 on neighbouring islands
- Resort has its own Private beach
- Resort will have its own private Marina
- Infinity Pool, Tennis Courts and Gymnasium
- Eco friendly resort
- Onsite management company
- Freehold title
- Fractional ownership also available from €56,700
- All properties fully furnished with air conditioning if placed into rental pool
- Completion due 2011
Premier 3 Bedroom Villa with Private Pool €689,000
Luxury 2 Bedroom Villa with option of pool €399,000
Townhouse, 1 Bedroom €339,000
Kampana, 1 Bedroom €269,000
Apartment Suite with Terrace €189,000
Description^ top
Halcyon Hills Resort will be one of the finest and most opulent spa resorts in Greece. The development comprises of a selection of apartments, townhouses, kampanas and private villas set on a stunning hillside location overlooking the ocean on the South West coast of the Greek island of Samos next to the beautiful Klima Bay. The location offers unsurpassed ocean views. The crystal clear blue waters and the lush green mountains gives a truly stunning location. The centrepiece of the resort is the elegant and sumptuous spa, devote to the wellbeing of body and mind. Facilties will include tennis courts, well equipped gym, infinity pool and private sandy beach. The will also be an exclusive marina for residents only. Enjoying a superb location on the south eastern tip of Samos, every property on the resort will boast stunning sea views. Languishing in one of the most sheltered locations on the island, this natural bay makes perfect location for the mooring of yachts and lazy days on the beach.
Location^ top
Just 3 ½ hours direct flight from the UK, Samos is under a mile (1500 metres) from the coast of Asia Minor at its closest point. The nearest islands include Ikaria, Chios, Foumi and Patmos. Located on the South Coast of the island Samos International Airport currently handles over 250,000 travellers per annum. This figure is expected to rise by 20% per year. 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.
Properties^ top
Halcyon Hills Luxury Resort and Spa will consist of 200 properties ranging from Apartment Suites, 1 Bed Kampanas, 1 Bed Town Houses, 2 Bed Luxury Villas and 3 Bed Premier Villas.
Amenities^ top
- 1,200 m2 world class luxury spa
- Indoor Pool
- Exclusive Marina
- Dive Centre
- Gymnasium
- Outdoor Infinity Pool
- Boutique
- Restaurants
- Children’s Club
- Tennis Courts
- Water Sports Centre
- Concierge
Payment Schedule^ top
The Halcyon Hills Resort offers new purchasers a fantastic opportunity to purchase a property in the resort with just 30% to pay before completion. This makes purchasing a property at Halycon Hills as easy and as accessible as possible.
For example, an Apartment Suite costs €189,000. You can secure this property in your name for just €56,700. You then have a choice of the following options:
Option One
You make your stage payments as and when required during the build. Finance comes from your own funds or alternative mortgage arrangements.
Option Two
You take out a developer secured 70% off plan mortgage and make your interest payments as and when they are due.
Option Three
You pay nothing until completion, rolling up the stage payments and interest payments until completion whereby a remortgage pays the outstanding amounts.
As your property increases in value during the build time, the amount you can borrow on that property also increases. On completion, your property is worth substantially more than when you first borrowed on its value. This means, when the outstanding amounts are due, there is ample equity in your property from which you can re-mortgage and easily settle your finance.
Option 3 allows you to leverage your initial investment utilizing lending available and giving you maximum return in addition to possibly freeing up funds for further investment towards your property portfolio.
Enquire Now^ top
For further information, please complete an enquiry form or telephone 0845 130 9011 or +44 (0) 121 314 8110 (if outside UK)
