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RENTAL INCOME

€170,000 per annum

Based on 13 weeks rental

 

NOW IS THE TIME TO BUY

Since Greece has been through its biggest shake-up since the last world war with overwhelming austerity, the fact remains that this has now put Greece in a much stronger place, providing the stability and security to allow it to thrive once again.

Property prices are now on the rise from the historic lows of 45% below market value, with economist forecast substantial growth over the next 10 years, largely down to the recovery in Greece, new Government tax initiatives and the changes in holidaymakers perception as the what they want post-Covid crisis.

 

Now is the time to buy, where you will maximise the return on your investment,  through high property value growth and strong, extended rental yields.

MORE VALUABLE THAN EVER

Covid is making holidaymakers think twice about sharing large hotels with thousands of other guests, sparking a real focus on safer holidays through personal villa rentals. 

RENTAL YIELDS 

Our Villas have been assessed by top villa rental companies and have indicated revenue income of up to €3,500 per week in high season and €2,500 per week in low season. Based on a 16-week letting revenue income could be as high as €52,000 per year per villa. or over €200,000 per year with the right marketing 

 

 

GOLD DUST LOCATIONS

Our villas occupy a prime location: next to the sea and a stones’ throw from all amenities. As planning restrictions on over-development become ever more stringent so the rarity of these already highly attractive homes will increase and with it, their value.

New laws in Greece mean that you can now only build 300 meters away from the sea. Making Selki Bay, one of the last locations that allow you to build within 100M from the beach.

What will never change is the fact that Greece has some of the most beautiful islands, beaches and clean waters than anywhere else in the world and now at amazingly affordable prices.

 

Seafront properties in Greece will always be worth their weight in gold, but because of the previous crisis, retail for less than properties in Italy, Croatia, Spain and Cyprus.

WHY INVEST IN ANDROS?

It would be remiss to underestimate the importance of the role that Andros itself plays in the value of investing in property there. Not only is it among the most beautiful of the Greek islands, it’s also inexpensive to travel to-cheaper than Tinos, Paros and Mykonos.

 

As Mykonos has peaked in value, due to its staggering house prices of €5,300 per m2! People are now starting to look at its neighbouring Island of Andros as the next big thing. An hour closer to Athens, with many more growth opportunities.

INVESTMENT OPPORTUNITIES

If it’s purely an investment property you’re after, then the villas close proximity to Athens and its airport present excellent summer rental opportunities with Gross yields expected between c7% p.a (average) to 23% pa (maximum). There is also the possibility to rent these luxury villas all year round with a lower yield.

The villas are designed to 5* standards and their value within eight/ten years will have at least doubled from their present valuation, which means total property market growth of 100%. Whatever your plans these stunning villas in Andros present an excellent investment opportunity not to be missed

 

 
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