Meganisi - Patras - Islands

Nestled within the Ionian Sea, Lefkada is an island graced with radiant landscapes and a vivid bouquet of historical sites. Easy access to other surrounding islands enhances its alluring charm, while the timeless reminders of the past, like the medieval Castle of Agia Maura, set an aura of mystique. Geographically, Lefkada is connected to the mainland of Greece by a long causeway and floating bridge. Although the largest town on the island shares its name, Lefkada Town is the vibrant face of the island housing remnants of old architecture interspersed with modern amenities.

The Exclusive Property Market In Lefkada

The exclusive property market in Lefkada is currently stable. While the demand for luxury homes and apartments consistently runs high, supply manages to maintain balance. This thriving market prominence can be attributed to the stable political and economic situation in Lefkada. When buying a house in Lefkada, a buyer may expect to pay an average real estate commission of around 2-5%. A similar percentage applies to sellers as well. However, additional costs such as transfer tax, realtor commissions, notary fees, possible construction inspection, or legal costs should also be considered. Transfer tax on private property in Lefkada borders around 3-4%. Wealth tax varies depending on the value of the property. In terms of profit made from selling property, the tax structure differs. While there is no tax on the sale of a primary residence, for a second/vacation home, a capital gains tax applies. For registered companies in Lefkada, the corporate tax rate is around 24%. For registered residents, the income tax can range from 22%-45% depending on income. Mortgage requirements are largely dictated by banks and may require a deposit of 30-40%. Maximum mortgage obtainable depends on factors like income and age.

Life in Lefkada - The Epitome of Luxury

Lefkada precincts like Nikiana, Sivota, and Agios Nikitas are often sought after for their luxury properties. Being close to Aktio-Preveza, Lefkada is well accessible and a roughly 20-minute drive from the national airport. The nearest large city, Patra, is connected via road and about 2 hours drive away. Bearing an academic tradition, Lefkada houses institutions like the Ionian University and numerous schools, drawing in a dynamic crowd. Located in the Ionian Islands region of Greece, the quaint island presently holds above 22,000 inhabitants. Lefkada boasts of stunning mountain views, lush regions, and an astounding coastline. This Mediterranean beauty sees mild, wet winters and warm, dry summers, allowing numerous sports and outdoor activities like sailing, paragliding, and cycling. Lefkada’s shopping experience matches its surroundings. High-end stores, boutique shops, and popular brands have set their mark here. Hospitality meets luxury in establishments like the Ionian Blue Bungalows and the Crystal Waters Lefkada hotel, complemented by classy culinary experiences like Rachi Restaurant. Cultural enthusiasts can indulge in annual events like the International Folklore Festival and the Lefkas Wine Festival. The Lefkada town boasts of the well-equipped General Hospital of Lefkada, serving as the health hub of the region. Reflecting the island’s holistic lifestyle, Lefkada’s modern infrastructure, public services, and amenities are meticulously designed. Whether being charmed by art in the Lefkada Municipal Gallery or enjoying traditional dance performances at the Open Theatre, Lefkada leaves no stone unturned in offering a truly luxurious lifestyle.