Kiveri is a picturesque village located in the region of Peloponnese, Greece, known for its rich history dating back to ancient times. Historically significant, Kiveri was believed to be a port town connected to the ancient city-state of Argos, contributing to its fascinating past. The village is surrounded by beautiful landscapes, from olive groves and citrus orchards to stunning coastlines along the Argolic Gulf. Many ancient ruins and landmarks, such as the Fortress of Kiveri and the ancient acropolis, serve as a reminder of its storied past.
The Luxury Real Estate Market in Kiveri
The exclusive property market in Kiveri is currently stable, with a balanced demand and supply of luxury homes and apartments. Buyers looking to invest in this serene yet vibrant location will find a variety of upscale properties, from modern villas with breathtaking sea views to traditional stone houses that echo the area's heritage.
Economic and Political Stability
Kiveri benefits from Greece’s overall stable political and economic environment, which provides a secure atmosphere for real estate investments. This stability enhances confidence among both local and international buyers seeking luxury properties in this idyllic part of Greece.
Real Estate Costs and Commissions
In Kiveri, the average real estate commission for buyers typically ranges from 2% to 5% of the purchase price, while sellers may also expect to pay a similar rate. Additional costs for buyers include a transfer tax, which is approximately 3%, as well as notary fees, possible construction inspection fees, and legal costs. It’s important for buyers to budget for these expenses when considering a purchase.
Tax Implications for Property Ownership and Sales
Wealth tax on private property ownership is imposed, though the rate depends on the property's assessed value. When selling a privately owned home, there is no capital gains tax if the property is used as a main residence. However, if the home is a second or vacation property, sellers may be subject to capital gains tax. Corporate tax on profits and income tax for residents are part of the broader Greek tax system, but are competitive and investors should consult with a local tax advisor for specific details.
Mortgage and Financing Options
The general mortgage requirement in Kiveri includes a blend of own capital and financing, with banks typically offering up to 80% of the property’s value as a mortgage. Lenders evaluate income requirements to ensure buyers can comfortably support the mortgage payments.
Desirable Residential Areas
In Kiveri, some of the most sought-after areas for luxury homes include elevated locations offering panoramic views of the sea and areas close to the water's edge. These prime locations offer tranquility and exclusivity, attracting discerning homeowners.
Accessibility and Nearby Amenities
Kiveri is conveniently accessible by road, with nearby highways connecting it to major cities. It is approximately 20 kilometers from Nafplio, the nearest big city, known for its historical sites and vibrant atmosphere. The nearest international airport is Athens International Airport, about a 150-kilometer drive, providing both domestic and international connectivity.
Education and Healthcare
Nearby educational institutions include schools and training centers catering to various educational needs. Healthcare is supported by nearby hospitals and clinics, ensuring residents have access to quality medical services.
Natural Beauty and Outdoor Activities
Kiveri’s environment is a blend of lush landscapes, coastal beauty, and Mediterranean climate, making it ideal for outdoor enthusiasts. Residents can enjoy activities such as sailing, hiking, and exploring the natural beauty of the surrounding area.
Lifestyle and Cultural Offerings
For luxury lifestyle shopping, Kiveri offers quaint boutiques and local artisan shops. High-quality dining and stylish nightlife can be found in nearby Nafplio, where renowned restaurants and sophisticated venues provide memorable experiences. Annual cultural events, museums, galleries, and theaters contribute to a vibrant cultural scene that enriches life in Kiveri.
With its serene environment, rich history, and stable real estate market, Kiveri presents an appealing opportunity for those seeking to purchase a luxury home in a unique and beautiful setting.
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