Aghios Emilianos is a picturesque enclave with a rich tapestry of history nestled in the Argolis region of Greece. Known for its stunning coastal views and enchanting small-town charm, the area has historical roots that date back centuries, offering intriguing historical sights such as the ancient ruins and quaint chapels dotting the landscape. Geographically, Aghios Emilianos benefits from a prime location on the eastern coast of the Peloponnese, making it an attractive destination for both locals and international visitors. Lush landscapes coupled with the azure waters of the Saronic Gulf create an inviting atmosphere for those seeking tranquility and luxury.
The Exclusive Property Market in Aghios Emilianos
In Aghios Emilianos, the exclusive property market is experiencing a stable phase, characterized by a steady balance between demand and supply, particularly for luxury homes and apartments. The region is continuously witnessing a growing interest from affluent buyers who are drawn to its serene environment and upscale living opportunities. The political and economic situations are stable, contributing to a favorable investment climate. When purchasing property, it's important to account for real estate commissions, which average around 2-4% for both buyers and sellers.
Financial Considerations for Buyers
Potential homeowners in Aghios Emilianos should prepare for additional costs such as the transfer tax, currently at 3% of the property's value, and notary fees, which typically account for another 1.5-2%. Buyers should also consider legal costs and potential construction inspections if they are purchasing an older property. Expatriates and locals alike can benefit from understanding the wealth tax implications, which affect upscale property investments. It's imperative to note that selling a non-primary residence may incur capital gains tax.
Mortgage and Financing Options
When it comes to securing a mortgage in Aghios Emilianos, buyers can expect to finance up to 70-80% of the property's purchase price, with the remaining amount being covered by their own capital. Strong credit and income requirements are generally in place to ensure financial stability. This allows buyers to invest confidently in these luxury homes with attractive long-term returns.
Prestigious Neighborhoods and Accessibility
The most prestigious and sought-after areas in Aghios Emilianos include the coastal strips with panoramic sea views and exclusive gated communities enhanced by lush gardens and private beaches. The town is conveniently accessible by road, approximately a two-hour drive from Athens, the nearest major city. Additionally, it is well connected to national and international airports, with Athens International Airport being one of the closest, providing ease of travel for international residents and visitors.
Education, Leisure, and Lifestyle
Aghios Emilianos offers access to quality education with reputable institutions nearby, making it an ideal location for families. The community is vibrant with outdoor activities such as sailing and hiking, attracting sports enthusiasts with its natural beauty and sunny Mediterranean climate. Luxury boutiques and fine dining establishments cater to the upscale tastes of residents, while nearby cultural venues offer enriching experiences.
Cultural and Health Amenities
The region is renowned for its annual cultural and sporting events, adding to its appeal as a vibrant community. High-quality hotels and gourmet restaurants abound, providing top-tier hospitality and leisure experiences. Healthcare needs are well met with quality hospitals and clinics in close proximity, ensuring residents enjoy peace of mind. Public infrastructure is well-developed in Aghios Emilianos, with amenities readily available, enhancing the overall quality of life.