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Properties » Hotels » THE PENINSULA - TOTAL SURFACE 15,7 HECTARES

CONSTRUCTION OF A LUXURY 5* HOTEL AND VILLAS

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32da87d4ec11e4ffa99bdef87f2b5e91b072281d

Property description

•The project is, already, underway. There is no need to wait for the planning.

•Fast track procedures are implemented

•17% annual return

•All investors from outside the EU can be automatically granted a residence permit in Greece and the EU

•Combination of business and pleasure

•Investment in a luxury resort can provide high status and improve one's life-style

•Low prices on the provided facilities of the hotel for the investors

•Secure investment in a world-class beach-resort destination

•Process through escrow account in a high rated (AAA) bank

•The project can be granted with a 30% subsidy by the Greek State and the E.U., for the studies, permissions, construction and equipment

•Investors are able to take advantage of the Greek deep recession  investing at the market’s bottom line, at the right time and with the right  strategy

•Investment independently observed and administered for clients security and comfort

 

PENINSULA DESCRIPTION:

•Total land: 15,7 hectares  (157.000 m2)

•Peninsula length: 900 m.

•Peninsula width (average): 200 m.

•Building potential: 20.188 m2 main buildings and 6.000 m2 basements

•Available all required licenses from the competent authorities to proceed to construction

•Access to the Water, Electricity and Telecommunications networks

•Direct access to a touristic beach of 1 km. length

•Direct access to a wind- sheltered gulf, which could be used for the creation of yacht berths

•It is actually the only peninsula in the region having all the necessary licenses for development


 

Location: Ionian
Price: €45,000,000

Property specifications

DEVELOPMENT PERSPECTIVES:

•Building capacity of 20.188m2 (plus 10.000m2  basements)

•Possible creation of yacht berths at the wind-sheltered side of the peninsula

•Possible creation of an exclusive Bar/Restaurant at the tip of the peninsula, facing the sea and the islands of Lefkada, Meganisi and Princes’ islands

•The development fall under the Greek Investment Law 3908/2011 that allows subsidies 30% of the total development cost (licensing, construction, equipment)

 

• Budget 65.000.000

• Subsidy 20.000.000

• Investors 45.000.000

ROI : 17%

 

Available financial projection


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