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Halcyon Hills Resort – Samos Island.

Wednesday, August 12th, 2009
Halcyon Hills villasThe Halcyon Hills Resort and Spa is situated on the picturesque island of Samos, on the shores of a quiet and secluded bay on the north east of the island. Offering residnts sweeping views of the crystal clear waters of the Mediterranean Sea, and the Turkish mainland beyond, the resort represents the very pinnacle of Greece’s luxury property market.

The resorts location on Samos (the eight largest of the 6,000 Greek islands), means that the Halcyon Hills is in fact the only five star accomodation on the island, ensuring consistent demand for high quality accomodation throughout the main season. A recent report out from Christie and Company outlined this demand for high quality accomodation on Samos, outlining the fact that at present there is only one five star resort on the island.

Halcyon Hills apartmentsDemand for tourism on the island of Samos has been on the increase in recent years, and today the major international airport receives flights from all the major European transport hubs. In addition there are also two major ferry terminals, allowing tourists easy access from both the Greek and Turkish mainlands.

The island of samos is located in close proximity to the Turkish mainland, and covers an area of just under 480 square kilometres. Far removed from the over-populated traditional tourist resorts, Samos has managed to maintain a considerable amount of it’s original charm and is still characterised by the small fishing villages and towns which can be found throughout the island. Indeed many efforts have been made by the developers of the Halcyon Hills Resort to ensure that the building and design of the properties is in keeping with the regions traditional character.

Halcyon Hills interiorsThe resort itself includes a select number of luxury apartments and spacious villas, gathered around the resorts luxury spa centre. facilities designed to cater for a more discerning resident include fully equipped gymnasiums and tennis courts, a la carte restaurants, delicatessens and sensual treatments rooms. The residents every need and requirement has been thought of, ensuring that their stay is an experience as much as a vacation.

The apartments and villas in the Halcyon Hills Resort are being offered on a fractional and full ownership basis, with both offering investor friendly payment structures which offer the potential for long term returns.

If you would like to find out more about the property in the Halcyon Hills resort, why not visit our main site at Offplanworld.tv, where we offer all available properties in the resort. Free brochures on the resorts are available on request, simply email us on enquiries@offplanworld.tv, stating your interest in the Halcyon Hills development.

>> More information on tourism in Samos Island.

Fractional Property Ownership Explained.

Tuesday, August 11th, 2009

Investment PropertyThe overseas property market has witnessed substantial changes over the course of the past twelve months, as global economic conditions have resulted in decreased availability of credit throughout the majority of the world’s property markets. Despite these adverse conditions however, one area which has seen substantial growth is that of fractional ownership of property, and this trend is currently showing signs of substantial future growth potential.

So what is fractional property ownership, and why is it proving so popular with both clients and property developers at present? Fractional property ownership is a new method of buying an equity stake within a property, which sees the client take ownership (including title deeds), of a predetermined equity stake in a property. In this way, by offering shared ownership of the property, it differs from the traditional model of ‘right-to-use’ witnessed through the growth of traditional timeshare offerings.

By giving the owners an equity share in the property, it ensures benefits such as an increase in the overall value of the property is shared in the same way as traditional real estate, albeit on a ‘fractional’ basis.

The second major benefit of fractional property ownership is that it offers the buyer an opportunity to purchase a stake in a property which they would otherwise not be able to afford. Many of the new fractional ownership opportunities being marketed by overseas property developers allow purchasers the opportunity to buy a stake in high value properties, often luxury villas, for a stake of around £30,000.00. With the normal price of the villas being in the region of £360,000.00, it is easy to see the overall appeal to the client.

The market for fractional property ownership is showing signs of considerable growth at present, and with factors such as decreased affordability of credit having an impact on the demand for full ownership, it is easy to see the appeal that fractional ownership offers.