Vouliagmeni - Vari-Voula-Vouliagmeni - Voula

Nestled along the scenic Athenian Riviera, Kavouri is a prestigious coastal area with a rich history dating back to ancient Greece. Known for its pristine beaches and crystal-clear waters, Kavouri offers a blend of tranquility and opulence. Historical sights, such as the remnants of ancient temples and the nearby Vouliagmeni Lake, provide a glimpse into the region's storied past. Geographically, Kavouri is positioned in the southern part of Athens, making it a sought-after locale for luxury living.

The Exclusive Property Market

The exclusive property market in Kavouri is currently strong, with high demand for luxury homes and apartments surpassing the available supply. This has resulted in a competitive market where properties are often quickly snapped up by keen buyers. The political and economic situation in Kavouri is stable, making it an attractive investment for both local and international buyers.

Costs and Commissions

When buying a luxury home in Kavouri, additional costs to consider include a transfer tax of approximately 3% on the property's purchasing price, realtor commissions, notary fees, and possible construction inspection or legal costs. Typically, the buyer's real estate commission ranges from 2% to 3%, while the seller's commission is similar. It's essential to budget for these expenses to avoid any surprises.

Taxation

In Kavouri, there is no wealth tax on private ownership of a house. However, if you sell a privately owned home or apartment that is used as a main residence, you are not subject to capital gains tax. On the other hand, selling a second or vacation home does incur capital gains tax. The corporate tax rate on profits for registered companies stands at 24%, while the income tax for registered residents ranges between 22% and 45%, depending on income levels.

Mortgage Requirements

To obtain a mortgage in Kavouri, financial institutions typically require a good balance between own and foreign capital and a stable income. Generally, one can get a mortgage of up to 80% of the property's purchase price, making it crucial for buyers to plan their finances accordingly.

Prime Residential Areas

The most expensive and sought-after residential areas in Kavouri include Eksohiki Leshi and Mikro Kavouri. These areas are renowned for their lavish villas, panoramic sea views, and exclusivity.

Accessibility

Kavouri is easily accessible by road and well-connected to major highways. It is approximately 20 kilometers from Athens, the nearest big city. The area is also within reach of major national and international airports, including Athens International Airport, which is about 25 kilometers away.

Educational Institutions

Families living in Kavouri have access to reputable schools and universities in the vicinity, such as the International School of Athens and the American College of Greece, providing excellent educational opportunities for children of all ages.

Environmental Beauty and Climate

Surrounded by the azure waters of the Aegean Sea, Kavouri boasts a picturesque landscape with verdant parks and sandy beaches. The climate is Mediterranean, characterized by hot, dry summers and mild, wet winters, ideal for outdoor activities year-round.

Sports and Outdoor Activities

Kavouri offers myriad sports and outdoor activities, including sailing, windsurfing, tennis, and beach volleyball. The region's natural beauty also makes it perfect for leisurely strolls and cycling.

Shopping and Lifestyle

Luxury lifestyle shops abound in Kavouri, with high-end boutiques and designer stores offering the best in fashion and accessories. Exclusive shopping areas such as Glyfada and Vouliagmeni are also nearby, adding to the allure of living in Kavouri.

Hotels, Restaurants, and Nightlife

Notable luxury hotels in Kavouri include the Divani Apollon Palace & Thalasso and the Arion Resort & Spa. For exquisite dining, Kavouri boasts renowned restaurants such as Ithaki Restaurant & Bar and Matsuhisa Athens. The nightlife in Kavouri is vibrant, with elegant bars and entertainment venues like Island Club Restaurant offering a sophisticated experience.

Cultural and Sporting Events

Annual cultural and sporting events in Kavouri include the Astir Palace Classic, a prestigious yachting event, and various local festivals celebrating Greek traditions and culture.

Museums and Theaters

Nearby cultural attractions include the Benaki Museum and the Stavros Niarchos Foundation Cultural Center, offering a plethora of artistic and cultural exhibitions and performances.

Healthcare Facilities

Healthcare services in Kavouri are top-tier, with several hospitals and clinics in the vicinity, such as the Metropolitan Hospital and the Hygeia Hospital, ensuring residents have access to quality medical care.

Infrastructure and Amenities

Kavouri boasts excellent public infrastructure and a wealth of amenities, including well-maintained roads, reliable public transportation, and a host of recreational facilities, making it an ideal location for luxury living.