Epidaurus - Epidavros Town - Soligeia

Nea Epidavros is a picturesque village located in the northeastern part of the Peloponnese peninsula, within the Argolis region of Greece. Steeped in history, it is renowned for its proximity to the ancient theater of Epidaurus, a major archaeological site and a UNESCO World Heritage site known for its remarkable acoustics and historical significance. The village itself is nestled between lush hills and the serene Saronic Gulf, offering a stunning natural landscape that attracts history buffs and nature lovers alike. With a mild Mediterranean climate, Nea Epidavros provides a perfect setting for those seeking a luxurious yet tranquil lifestyle.

Luxury Real Estate Market in Nea Epidavros

The current exclusive property market in Nea Epidavros is stable, with a balanced demand and supply of luxury homes and apartments. The allure of the region lies in its combination of historical charm and modern luxury, making it an attractive destination for discerning buyers. Though the real estate market remains strong, the availability of premium properties is limited, pushing prices upward.

Economic and Political Stability

Nea Epidavros benefits from a stable political and economic climate, reassuring investors and prospective homeowners. The region's economy is bolstered by tourism, agriculture, and a growing interest in luxurious real estate investment.

Real Estate Transaction Costs

When purchasing a luxury home in Nea Epidavros, buyers typically pay an average real estate commission of 2-3%, while sellers can expect to pay around 4-5%. Additional costs include a property transfer tax of approximately 3%, notary fees, and potential legal costs. These ancillary expenses should be carefully considered when planning your investment.

Taxation on Property and Income

For those owning a private home, a wealth tax may be applicable depending on the property's assessed value. Although no tax is levied on the profit from selling a main residence, secondary homes or vacation properties incur a capital gains tax. Income tax for registered residents is progressive, ranging from 22% to 45%, depending on income levels.

Mortgage Requirements

Mortgage options in Nea Epidavros typically allow for up to 70-80% of the property's purchase price, depending on the applicant's income and financial stability. Potential buyers should be prepared to meet rigorous credit assessments to secure financing.

Prime Residential Areas

Some of the most exclusive residential areas in Nea Epidavros include properties overlooking the Saronic Gulf or nestled in the nearby hills, offering stunning views and ample privacy. These areas are highly sought after for their serene environments and accessibility to historical and cultural sites.

Accessibility and Transportation

Nea Epidavros is conveniently accessible by road, located approximately 120 kilometers from Athens, the nearest major city. The village's strategic location offers easy access to Athens International Airport, ensuring seamless travel arrangements for international visitors.

Educational Institutions

While Nea Epidavros itself may not have universities, the region is served by reputable educational institutions in nearby cities, providing quality education options for families relocating to the area.

Natural Environment and Outdoor Activities

Surrounded by a stunning natural landscape, Nea Epidavros boasts beautiful beaches, olive groves, and rolling hills, perfect for outdoor enthusiasts. The area offers a variety of activities, including hiking, sailing, and exploring the region's rich biodiversity.

Luxury Lifestyle Amenities

In terms of luxury shopping, Nea Epidavros offers boutique experiences with a focus on high-quality, locally-sourced products. For dining, the village and its surroundings feature several esteemed restaurants offering exquisite Greek and international cuisine. Renowned establishments like Posidonion Grand Restaurant provide an exceptional gastronomic experience.

Cultural and Entertainment Venues

Culturally rich, Nea Epidavros hosts the annual Epidaurus Festival, attracting visitors with its performances at the ancient theater. Additionally, the area features a number of museums and galleries dedicated to art and history, enriching residents' cultural experiences.

Healthcare and Infrastructure

Residents of Nea Epidavros benefit from local healthcare facilities, supported by larger hospitals in nearby towns such as Nafplio and Argos. The village boasts well-maintained infrastructure and amenities, ensuring a comfortable living environment for residents.