All Greece 4U - Newly built villas on large seafront plot, near Porto Heli, Peloponnese, Greece

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PROPERTY REF: V83/PHE/OIK

Newly built villas on large seafront plot, near Porto Heli, Peloponnese

A complex of 5 beautiful villas on a large plot of 11,500 m2 bordering the sea, within the bay of Porto Heli in Eastern Peloponnese and beside the archaelogical site (an area of 400 acres) where further development is forbidden.

The properties were built in 2003-4 and already merge perfectly with the soft contours of the surrounding landscape.

Behind the traditional exterior of the villas lie spacious interiors with cathedral style ceiling and lots of natural light coming from the strategically placed windows. There are fully equipped kitchens in soft pastel woodwork, large bathrooms, living room with fireplace and 2 or 4 bedrooms.

They all come with large sheltered verandas, landscaped gardens and a share of the freehold and they are sold furnished.

Other features include:
- independent central heating system for each property
- 2 covered garages per property with electronically operated garage doors
- door intercom
- computer operated garden watering system
- optional separate bungalow to rent or lease for guests or personnel
- available seafront mooring for small speed boat; port nearby for yaughts

Price - large villas (2 identical)
165 m2 each, 4 bedrooms (2 on the ground floor), 4 bathrooms, 200 m2 sheletered verandas
640,000 euro (approx £435,000)

Price - medium villas (2 identical)
100 m2 each, 2 bedrooms (1 on the ground floor), 3 bathrooms, 100 m2 sheletered verandas
370,000 euro (approx £252,000)

Price - small villa
80 m2 each, 2 bedrooms (1 on the ground floor), 3 bathrooms, 70 m2 sheltered verandas
310,000 euro (approx £211,000)

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Location
0 metres from the sea
1.5 km from Porto Heli
2.5 km from port to Piraeus or Spetses
220 km from Athens
70 km from Nafplion
50 km from Epidavros

location of the property

RENTAL

Until sold, the properties are available to rent as follows:

Large villas (each)
Full season: 2000 euro per month
High season: 6000 euro per month
Low season: 1000 euro per month

Smaller villas (each)
Full season: 1000 euro per month
High season: 3000 euro per month
Low season: 500 euro per month

High season = June, July and August.

If you decide to test-rent a property before buying, the rent you've paid will be refunded if you decide to buy it later.

Newly built villas on large seafront plot, near Porto Heli, Peloponnese

each villa comes with large sheltered verandas

Editors Note

I see a lot of properties in the course of my work but these villas have to be one of my favourites; the location, the spaciousness of the interiors, the understated elegance, all combine to produce the perfect summer home in Greece.

In addition, these properties are an excellent investment both in terms of capital appreciation as well as their rental potential.

Why not book one for your summer holidays and judge for yourselves.

If you love the villas but they are above budget, let us know; we may be able to match you with other like-minded people for a split ownership arrangement.

About the area

Porto Heli is a small town fishing harbour, just 2 hours from Athens by boat or car, that has evolved into a prestigious summer resort with beautiful villas and luxurious yaughts in the harbor, while still maintaining its picturesque charm, traditional tavernas and peaceful, Blue Flag, sandy beaches.

The mild climate of the area combined with crystal clear sea water, magnificent sunsets, cosmopolitan life style and a wide range of sea sports and activities, make Porto Heli the perfect Greek resort.

The history of Porto Heli goes back 2000 years and the original town can still be seen - half of it submerged under the swallow waters of the bay, a magical place to explore while swimming.