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A dream come true
Why settle for some one else’s dream, when you can build your own?
Building your own property is much more common
in Greece than other parts of Europe. In fact it is `the norm’, rather than the exception. You could be enjoying your new home within 7 months, subject to weather conditions.
We have in the region of 25 plots of building land
available at any one time. All the sites are carefully selected according to certain standards and criteria - i.e., each plot must have outstanding, uninterrupted views.
Even plots located in the vicinity of popular resorts
must have a high level of peace and privacy, yet still having easy access to the beach, shops, and Tavernas. All the Villas are built to an extremely high standard, having air-conditioning, swimming pool, jacuzzi and built-in BBQ. There are en-suite facilities to all bedrooms and fully landscaped gardens.
Land prices range from 25,000a for an 800 sq.m.
plot (1/5 of an acre), to 80,000a for anything between half and one acre, depending on location. Pool prices vary according to size and quality of finish, but pre-fabricated pools can be bought for a few thousand euros.
Guaranteed rental income
On most of our land plots we have the backing of major tour operators. Therefore, we can guarantee your rental income, before your villa is even built. These villas are a truly great ‘fly to let’!
Rental contracts
We are agents for several tour operators including
Thomson Villas, Something Special, Villa Collection and many more, and can therefore offer full advice on Seasonal Rental Contracts which are either Guaranteed or Allotment, depending on the owner’s specific requirements. Please telephone for more information. |
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A worthwhile investment
Many of our clients have financed their purchase from rental income. Well managed properties should show a healthy annual profit after paying all the running costs and mortgage payments. In addition you can look forward to substantial
capital appreciation on your purchase. Property
prices have nearly doubled in the past four years on Kefalonia. The following is an estimated example of potential gross rental income and anticipated expenditure for a new 3 bedroom property.
Gross Potential Income - new 3 Bedroom Villa
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Land cost approximately half an acre |
£ 50,000
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Building costs 3 bed villa with pool |
£150,000 |
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Total cost |
£200,000 |
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Rental income May to October
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£ 16,000
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Less maintenance cost |
£ 4,000 |
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Net income for the 6 months |
£ 12,000 |
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Potential capital growth on completion |
£ 60,000 |
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Thereafter annual growth |
£ 15,000 |
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