51 sq mtr Apartment suites in the Halcyon Hills Luxury Resort & Spa offers a lifestyle and investment opportunity in the sought after and established tourism destination of Greece.

Halcyon Hills will be a five star resort on the beautiful Greek Island of Samos. Greece is renowned for prestigious, relaxing holidays in some of the most stunning locations in the world. Halcyon Hills is being developed in a location second to none on the islands.

The resort will also benefit from a range of facilities from a range of facilities that will ensure every recreational need is catered for from the 930m2 Spa to the private marina. The resort will languish on the beach-front ensuring uninterrupted views and the azure waters will offer their own wealth of opportunities for recreation.

Price rise January 2009!

§ Luxury five star beach front properties from just £160,000

§ Fractional ownership available with only £16,000

§ Anticipated capital appreciation of £185,000 by completion

§ GUARANTEED 2 year 8% rental return

§ Buy with just 30% down

§ 1,200m2 five star luxury spa

§ Exclusive 36 berth private marina

§ Every property enjoys fabulous sea views

§ Just 3.5 hours flight from the UK

You will benefit from a two year 8% guaranteed rental income paid from completion and an estimated capital appreciation of £185,000.

The finance and payment options are numerous and flexible, ranging from the opportunity to reserve today and pay nothing until 2011, to a fractional ownership option whereby a share of a property can be bought from £6,400, with the balance of £9,600 due on completion.

Reserve Today, Pay in 2011!

There are various finance options available to you. One of the easiest methods of finance is to reserve your property today with just £1000 and pay nothing until 2011. The developer pays towards the interest payments on your deposit and the balance of 70% isn’t due until completion!

Renting your property

All properties within the Halcyon Hills Resort can enter into the rental scheme which guaranteed an 8% rental return in the first two years of operation, whilst allowing the owner 14 days FREE usage. All holiday resorts around the world experience a quiet first year whilst their customer base and reputation is being established. Usually the property investor has to accept that for the first year they will achieve little or no rental whilst this reputation is being created. In some resorts, this can obviously cause a problem if the property is purchased with finance.

Halcyon Hills rental scheme GUARANTEES A RETURN OF 8% for the first two years, whilst allowing the owner 14 days FREE usage to enjoy their new luxury home!

The Halcyon Hills Resort offers its rental guarantee from the first day that the resort opens to ensure that clients are not left with a cash-flow problem whilst the resort is establishing itself. Some rental guarantees are created simply by inflating the prices of the property, but this is not so with Halcyon Hills. This is a true rental guarantee based on a subsidy by the Greek Government as an incentive to establish 5 Star tourism on the island.

You can elect not to enter into the guaranteed rental offer and either let the property yourself or keep it purely for personal use. The table below illustrates possible rental returns achievable using comparable room rates.

Before completion:

The payment structure for Halcyon Hills is very straight forward.

· 10% of the property price is payable within 30 days of the contract date.

· 20% of the property price is payable within 60 days of the contract date.

· 70% of the property is payable when the property is completed.

Many investors have funds tied up in property elsewhere. If you decide to release this equity with finance and invest in Halcyon Hills, then the developer will pay your interest payments until completion.

So with just £1000 reservation fee, you can secure a five star luxury property available at under the market value with minimal financial outlay and maximum capital gain.

We will be delighted to put you in touch with an independent financial advisor who can talk you through the options available to you.

After Completion:

The remaining 70% isn’t due until completion; by which time your property has increased in value in-line with the market predictions and market valuations. Your property is now worth substantially more than where you first borrowed on its value. This means, there is now ample equity in your property from which you can mortgage and easily settle you finance.

When you come to mortgage your property after completion, the two year guaranteed rental return and anticipated 14% rental return thereafter will substantially assist your repayments.

Technical information is correct to the best of our knowledge at the time of publication. Where prices are fixed in anything other than UK pounds the price quoted here is based on the conversion rate at the time of publication. These particulars do not form part of an offer or contract.

THE PROPERTY MISDESCRIPTIONS ACT 1991

These particulars have been produced in good faith and are believed to be a fair description of this property having regard to the requirements of this Act. Where any reference is made to part of the construction or items of a mechanical nature such as heating and electrical systems, plumbing, drainage, appliances, fixtures and fittings, contents and services, we must emphasise that we have not tested such items ourselves and no warranty is given as to their condition and any intending purchasers should carry out their own investigations. Any items depicted in photographs are not necessarily included with the property.

Ref HalyconHills1



To request further details please use the Contact Us link below.

To view more properties from Azul Property click the 'More Properties' link below.