Whether someone is looking for a profitable and safe investment, a unique vacation home or the ideal home to retire purchasing a property in Greece is the perfect choice since it offers both a gainful investment as well as the matchless opportunity to enjoy a relaxing holiday, idyllic landscapes and the Mediterranean weather.
An additional advantage of great significance of acquiring property in Greece is the issuing of law 4146/20 in 2013, that gives the opportunity to Non-European citizens to acquire the Greek residency and consequently Schengen access also called ‘’Golden Visa’’ through an investment of the amount of 250,000 euro and above. This opportunity provides a bonus incentive to non-EU citizens to consider Greece and the Cavo Fregada project as the ultimate investment option
Cavo fregada is the only project in Syros with an underground electricity network which was completed in the past two years and has entirely been sponsored by the companies of the project.
The water network system is under development and the project will be connected to the island’s central system. The sewage system in the project is independent to each villa and biological. The public lighting is photovoltaic and thus does not add extra charges to any individual owner.
A flexible payment plan will be offered to investors with a deposit amount paid with the exchange of contracts and the rest in the duration of the construction of the purchased villa until completion
Through leading home insurance companies, complete packages of insurance will be offered to investors to satisfy the level of security from their investment.
The rapidly growing real estate market in Greece will add value to the properties on an annual base. Thus investors wishing to profit from the future increase of prices, will be able to succeed a profitable transaction with the guidance and assistance of the companies’ real estate
Furthermore, the companies real estate department offers to investors purchasing villas with no immediate intent to use them as their personal residence, contracts for a rental scheme according to which commit to renting out the purchased villas for an agreed period of time from the delivery of the villa.