Nestled on a picturesque coastline in the Peloponnese region of Greece, Agios Emilianos boasts a rich history dating back to the Byzantine era. This charming village is known for its proximity to several historical sites, including ancient Epidaurus and the medieval fortress town of Monemvasia. With its stunning natural landscapes, Agios Emilianos offers breathtaking views of the Aegean Sea and lush greenery, making it a desirable destination for history buffs and nature lovers alike. Its geographical location also offers excellent access to nearby Spetses and Hydra islands, as well as the vibrant city of Nafplio.
Luxury Real Estate Market in Agios Emilianos
The exclusive property market in Agios Emilianos is currently robust, with strong demand outpacing the available supply of luxury homes and apartments. High-net-worth individuals are increasingly drawn to the area's serene environment and exquisite villas, making it one of the most sought-after residential areas in the region. The local real estate market benefits from a stable political and economic situation, further enhancing investor confidence.
Understanding Real Estate Costs and Taxes in Agios Emilianos
Buying a luxury home in Agios Emilianos involves several additional costs beyond the purchase price. Typically, buyers can expect to pay a real estate commission of around 2-3% of the property's value. Sellers also incur commission fees, usually around 2%. There is a transfer tax of 3% on private property transactions. For primary residences, there is no capital gains tax on profit, but a tax does apply to second homes. Wealth tax thresholds vary, and potential buyers should consult a tax advisor for personalised advice.
Mortgage Information for Buyers
Securing a mortgage in Agios Emilianos generally requires a stable income and a portfolio that demonstrates a strong ratio of own capital to borrowed funds. Lenders may offer a maximum loan-to-value ratio of up to 70% of the property's purchase price, although financial circumstances and the property itself are determining factors.
Prestigious Residential Areas
Several prestigious residential areas are located around Agios Emilianos, including the elite neighborhoods near the Porto Heli Peninsula. These areas are famous for offering luxurious properties with private beach access, state-of-the-art amenities, and panoramic sea views.
Accessibility and Transport Links
Agios Emilianos is conveniently accessible by well-maintained roads and is approximately a two-hour drive from Athens, the nearest major city. The region is also serviced by the Eleftherios Venizelos International Airport in Athens, providing both national and international flight options. Local ports offer ferry services to nearby islands, enhancing travel flexibility.
Education and Healthcare Facilities
Families considering a move to Agios Emilianos will find reputable educational institutions in the nearby town of Porto Heli, as well as healthcare facilities that include modern clinics and hospitals in the region such as Argos General Hospital.
The Luxury Lifestyle and Environment
Agios Emilianos is enveloped by a pristine natural environment, with a mild Mediterranean climate that supports a range of outdoor activities like yachting, golf, and hiking. The area is dotted with high-end boutiques, gourmet restaurants, and luxury hotels, such as Nikki Beach Resort & Spa, which offers exclusive experiences. The region also hosts annual cultural events and has several art galleries and museums enriching the local cultural scene.
Public Infrastructure and Amenities
The state of public infrastructure in Agios Emilianos is excellent, with ongoing investments ensuring the area remains an attractive locale for luxury living. Amenities are plentiful, including upscale shopping, exquisite dining, and vibrant nightlife, providing a comprehensive luxury lifestyle for discerning buyers.
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