Halcyon Hills Brings Five Star Luxury To Greek Samos Island

With 75% of its first phase is already sold to keen investors and hungry second home purchasers. The pre-release announcement of the five star Halcyon Hills luxury development on the island of Samos, Greece is proving that the traditional overseas favourites continue to win favour with buyers seeking a lifestyle, luxury and investment package.

It seems that easyCruise chairman Stelios Haji-Ioannou, whose recent announcement of a second Greek island cruise itinerary next summer, encompassing the laid back island of Samos and the Turkish seaside resort of Bodrum on its travels, is not the only one with a key eye for a moneymaking opportunity. Commenting on his decision, “The popularity of our 2007 season has proved that people are very keen to visit Greece and the surrounding islands”. Investors quick to capitalise on the rising popularity of buying a property in Greece as snapping up the chance to invest in the newly released first phase of Halcyon Hills.

For many years holidaymakers have flocked to Greece, lured by its beautiful beaches and inviting azure waters. The island of Crete has already made its mark in the second home market, but with so many islands to choose from there is an abundance of choice with each already enjoying an established tourist market and good rental potential for an investment property.

The significant regeneration investment carried out in preparation for the 2004 Olympics, and subsequently boosted tourism figures as Greece used the opportunity to win yet more admirers have served to further strengthen the Greece property market. As recent surveys show Greece has leaped into the top 10 destinations for Britons wishing to invest in overseas property, the findings confirm established trends which suggest that the majority of minor or first-time investors are keen to stick to the sensible property investment route: enjoy the property for holidays, and benefit from both steady capital appreciation and potential rental income which can be used to offset the cost of the mortgage back home underpinned by other major deciding factors including overall lifestyle options, a warm climate and lower cost of living. Add into the mix improved accessibility with a raft of new airline routes operating to the country, the signs are positive news for investors who’ve already had the foresight to invest in Barrasford and Bird’s latest off plan release.

Enjoying an enviable location on the south-eastern fringes of Greece, basking in the Aegean seas just 2km from Turkey, Halcyon Hills will be the first Spa-dedicated luxury five star development on Samos and will offer unrivalled facilities that will include an opulent Spa, fully equipped gym, shops, boutiques and a dive school, to name but a few.

Robin Barrasford, Managing Director of Barrasford and Bird says, “With sea view prices from £105,000, an 8% rental guarantee for 5 years and a mortgage product, we’re making Halcyon Hills accessible to the investor and lifestyle purchaser alike.”

Despite being the eighth largest island in Greece, Samos is very much off the tourist track, accessible by boat or direct flights from Athens. This very lack of mass tourism gives Samos its charm and Halcyon Hills its investment potential as existing hotels remain full to capacity during the summer months. Breathtaking scenery, quaint little stone villages and miles of undiscovered beaches contrast against the winding mountain tracks which give Samos its namesake as the ‘Green Aegean Island’ known to shimmering like an emerald against the sapphire of the Aegean seas.

The Halcyon Hills development is nestled in a sheltered bay, with outstanding sea views towards western Turkey being on the south eastern edge of the archipelago. The resort has been designed to ensure every apartment and villa in the resort will enjoy a sea view and a range of individual property styles meet the needs of a spectrum of overseas property buyers. The five star specifications ensure owners enjoy all mod-cons and the opportunity to benefit from a highly subsidised furnishing service will complete the package.

The luxury Halcyon Hills resort represents a fantastic opportunity for investing in property abroad in an established market with a guaranteed 8% rental return to offer investors financial security. Investors seeking to secure the low entry price of just £105,000, must get in before the new year, as all prices will be increasing from February 2008.

Halcyon Hills is being developed by, and marketed, exclusively through Barrasford and Bird Worldwide. For more information click here or call 0845 600 1871 to speak to an advisor.