Nestled in the heart of the Argolis region, Koilada is a picturesque coastal town with a rich history that dates back to ancient times. Known for its vibrant maritime heritage, Koilada offers intriguing historical sights including the renowned Franchthi Cave, which is one of the oldest archaeological sites in Greece. The town is surrounded by the lush Mediterranean landscape and enjoys proximity to the crystal-clear waters of the Argolic Gulf. Its geographical location provides both tranquility and accessibility, making it an ideal spot for those seeking a luxury lifestyle.
The Current Exclusive Property Market
As of now, the exclusive property market in Koilada is quite strong, driven by high demand from both local and international buyers. However, the supply of luxury homes and apartments is limited, which further increases their value and appeal among discerning investors. The political and economic situation in Koilada is stable, providing a secure environment for real estate investment. Buyers in Koilada typically face an average real estate commission of about 2% to 3%, while sellers may incur a commission of approximately 5%.
Costs and Taxes When Buying Property
When purchasing a luxury home in Koilada, buyers should consider additional costs such as a 3% transfer tax on the property. Notary fees and potential legal expenses are also common, along with possible construction inspections. It's important to note that there is no wealth tax on private property ownership in Koilada. However, if the property is sold and used as a second/vacation home, a capital gains tax is applicable. The corporate tax rate on profits for registered companies in Koilada stands at 24%, while the income tax for registered residents varies based on income brackets.
Luxury Residential Areas
Some of the most sought-after residential areas in Koilada include the waterfront properties along the Argolic Gulf, which boast stunning views and exclusive amenities. The neighborhoods near the Koilada Marina are especially popular, offering a blend of luxury and convenience.
Accessibility and Transport
Koilada is well-connected by road, with easy access to the nearby town of Kranidi, located approximately 10 kilometers away. The nearest major city, Nafplio, is around 40 kilometers away and offers a wider range of urban amenities. For air travel, the Athens International Airport is the closest major hub, about 190 kilometers from Koilada, providing both national and international flights.
Education and Healthcare
The vicinity of Koilada features several reputable schools and educational institutions, catering to various age groups. For healthcare services, residents can access the General Hospital of Argos, providing comprehensive medical care.
Nature and Outdoor Activities
Koilada is blessed with a stunning natural environment, featuring scenic coastal landscapes, olive groves, and pristine beaches. The mild Mediterranean climate allows for a variety of outdoor activities such as sailing, hiking, and golfing. Nearby, the Ermioni area offers additional opportunities for exploration and recreation.
Luxury Lifestyle and Entertainment
The luxury lifestyle in Koilada is complemented by an array of high-end shops, gourmet restaurants, and opulent hotels. Dining experiences at establishments like the renowned Mourayo Restaurant offer exquisite Mediterranean cuisine. For entertainment, Koilada features a selection of stylish nightclubs and bars that cater to an exclusive clientele. Cultural pursuits are well-served by the town's proximity to Nafplio, with its historic museums and vibrant arts scene.
Annual Events and Culture
Koilada hosts several annual events that are cherished by both locals and visitors. The town participates in cultural festivals and sports events, which celebrate its rich heritage and vibrant community spirit. Nearby, Nafplio offers a cultural calendar brimming with concerts, art exhibitions, and theatrical performances.
Overall, Koilada presents a harmonious blend of luxury living, cultural richness, and natural beauty, making it an appealing destination for those seeking an exclusive lifestyle in a serene setting.
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