Varkiza - Vari-Voula-Vouliagmeni - Vari Kivelis

Located on the southern outpost of the mesmeric Attica coastline, Vari, Greece is a veritable haven of history, culture, and luxury. Dating back to prehistoric times, Vari is home to a number of historical landmarks such as the Nymphaion of Vari caves and the enchanting chapel of St. John the Russian. Delicately poised between the shimmering sea and the verdant mountains, Vari offers an idyllic blend of pristine natural beauty and urban luxury. Thousands of years of rich history resonate in every corner of this glorious municipality, beckoning discerning homeowners and lifestyle enthusiasts from across the globe.

A Look at Vari's Exclusive Real Estate Market

Vari's exclusive property market is currently stable and robust, showcasing a collection of luxurious villiembre and apartments that cater to a wide range of aesthetic and functional preferences. The demand is on a steady increase, fueled by discerning expatriates and investor interest. Despite the fluxing economic situations in some parts of the world, Vari has remained relatively unfazed, with a stable political and economic environment contributing to the infrastructural development and growing real estate market.

Costs and Commissions for Luxury Property Transactions

The average real estate commission paid by both the buyer and seller in Vari tends to range from 2% to 5% of the property’s sale price. In addition to the commission, prospective homeowners should take into account other costs such as the transfer tax, which stands at about 3.09% of the property value. Additional costs might include notary charges, legal fees and potential construction inspection expenses.

Taxation Structure in Vari

Carrying a house ownership in Vari, one would be liable to pay a property tax known as ENFIA which amounts, on average, to about 0.5% to 1% of the property's objective value. Profit made from selling a privately-owned home used as the main residence is exempt from tax, while profit from selling a vacation home is subject to a capital gains tax of about 15%. Corporate tax for registered companies stands at 24%, while income tax for registered residents varies between 22% and 45%, depending on their income bracket.

Mortgage Requirements & Accessibility

Mortgage requirements often stipulate that the borrower should have a stable income, and the loan-to-value (LTV) ratio should not exceed 70-80% of the property’s value. Accessibility in Vari is splendid, with well-maintained roadways and a regular suburban railway service directly linking it to the heart of Athens located about 28 km away.

Premium Residential Spaces & Proximity

Among the most sought-after locations in Vari, the elite Vari-Voula-Vouliagmeni area is known for its high-end residential dwellings. The region is home to a luxury lifestyle with the Eleftherios Venizelos International Airport being only 15 km away. It boasts a host of reputed educational institutions like The Moraitis School, The American College of Greece, and The Campion School.

Embracing the Luxury Lifestyle in Vari

Vari is located in the South Athens regional unit of the Attica region. With a population just over 10,000, it offers residents a remarkable lifestyle characterized by manicured landscapes, crystal clear waters, and a mild Mediterranean climate resulting in hot summer and mild, rainy winters. These conditions provide numerous opportunities for outdoor activities such as sailing, tennis, and golf.

Immerse Yourself in the Exquisite Culture

Vari is a luxury lifestyle enthusiast’s dream. Upscale stores, such as Luisa beach shop, coupled with top-rated restaurants and stylish nightlife venues all contribute to the town’s luxurious atmosphere. Landmarks like the Byzantine and Christian Museum and the Athens Concert Hall are within easy reach. The area is home to renown healthcare institutions like the Asklipieion Voulas hospital and boasts a highly efficient public infrastructure and availability of amenities.