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Price From: £ 50,000 £ 100,000 (€ 14,820)
ONLY £10,000 DEPOSIT AND FREE 3 YEAR RENTAL GUARANTEE !!
Property Features:
# FREE 3 YEAR RENTAL GUARANTEE !!
# Located in vibrant Central Athens
# City Centre Investment
# Up to 80% loan to value mortgages
# A great investment property in thriving and exciting Athens!
# From only £10,000 deposit with nothing more to pay until completion!
Property Details
From only £10,000 deposit required and nothing more to pay until completion! A great opportunity to purchase investment apartments in Athens, the thriving capital city of Greece. Finished to a high standard and with a three year min rent guarantee designed to cover a 70 - 80% loan to value mortgage. The perfect buy-to-let investment! Limited availability. Apartment prices from £50,000 to £100,000.
Various apartments for sale in the best locations, through a quality builder with over 18 years experience.
We are proud to be working alongside a leading Greek developer in the marketing and sale of a superb range of holiday and investment properties with low deposit options and in fantastic locations.
A range of apartments from ?50,000 to ?100,000 with only 20% deposits required and nothing further until completion!
Buyers have the choice of either mainland Greece, including Athens itself or the Peloponnesus coastline, and various locations in Southern Cyprus.
This well established development company based in Greece and Cyprus also have offices in London and has over 18 years developing experience including the completion of over 70 apartment blocks in Athens.
The company is staffed with experienced, specialized executives, architects, civil engineers and technicians and the construction of their buildings is according to the European Standards and Regulations, as well as being finished to a high aesthetic standard.
We have an exclusive agreement with the developer with offers available only to our clients, such as low deposits from only 20%, as well as rental guarantees on selected properties.
Special viewing trips can be arranged where buyers can visit the properties, meet the developers, see the area, attractions and get a feel for the location - in a no-pressure professional environment.
Our focus here is on Greece ? a fantastic location with an emerging and yet already solid property market.
About Greece
Greece has a healthy economy, is a long - term Member of the European community and has stable politics and society.
Greece is made up of a peninsular land mass and group of islands, with a much-indented coastline so you are never far from the azure blue of the Mediterranean or Aegean seas.
At a geographical crossroads, Greece combines elements of Europe, the Balkans, Middle East and the Mediterranean. A unique blend of beautiful landscapes, overwhelming history and a people of great hospitality.
The sun shines 300 days a year on average and the lifestyle, in terms of food, social interaction and the general environment, is healthy and enjoyable.
There are countless traditional villages untouched by time and there are the busier centres including the thriving capital city of Athens. The cost of living here is a fraction of that in the UK and property prices likewise, though values have risen in recent years and demand is increasing at a fast pace.
Greece also offers superb investment potential, with a year round holiday season as well as internal demand for good rental accommodation.
The ownership, tax matters and use of property in Greece is straight forward and 'foreign friendly' and also offers extremely good value and high rental potential. The investment opportunity here is outstanding.
Summary of Buying Property in Greece
* Low tax on new build properties, straight forward ownership
* Capital increases in recent years have been 12% + per annum
* Good capital increases on new builds expected over construction period
* The approx mortgage interest rate is 4.2% to 4.7% approx relative to risk/individual. Always a repayment mortgage (sometimes offers such as first year interest only etc but not the norm). Up to 25 year term.
* Mortgages ? Can get up to 80% LTV mortgages ( Even 90% not out of the question) ? A Greek bank (Either: Likie Bank, Cyprus Bank, National bank of Greece, or Piraeus Bank) mostly via base in London.
Basic Facts about Greece:
? A parliamentary Republic
? Population approx 10.5 million
? Temperate climate ave' 22'c
? Borders Bulgaria, Turkey, Albania and Macedonia
? 3 seas ? Aegean, Ionian & Med
? 13,676 KM of coastline
? Approx' 1400 islands
? Religion 98% Greek Orthodox
? Language 99% speak Greek
? Highest point Mt Olympus 2917Ft
? Ethic groups ? 98% Greek 2% other
? 98% Adult literacy rate
? Tourism = 15% of GDP
? Currency the Euro
? Recent economic growth with the Olympics and general trade
? Ave' life expectancy 80 years old!
? Member of the EC/EU since 1981
? 12th member of 'Euro zone' in 2001
? Time zone GMT + 2
? Current average flight cost = ?160
? Only 3hrs 50 minutes flight time
Rental Guarantees!
The developers also offer a rent guarantee on ALL apartments for sale in Athens, individually set per unit for 3 years! These are genuine rent guarantees based on reality (rather than added to the price) and are normally set to cover an 70 to 80% LTV mortgage amount on the respective property. With the opportunity of a low deposit and renting the property out to cover and pay off the mortgage you have a sound and hassle free investment in the City of Athens!
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