Nestled in the heart of the Cyclades, Schinoussa is a hidden gem of the Aegean Sea, celebrated for its serene beauty and rich history. The island's name is believed to originate from the ancient Phoenician ‘akia,’ referring to the 'sky,' pointing to its longstanding allure and historical significance. With historic sights such as the Church of Panagia Akathi and the picturesque village of Messaria, Schinoussa offers a glimpse into Greece's storied past. Geographically, it lies south of Naxos, known for its pristine beaches, crystal-clear waters, and charming landscapes.
The Exclusive Property Market in Schinoussa
The exclusive property market in Schinoussa is currently strong, driven by the island's increasing popularity among high-net-worth individuals seeking tranquility and luxury. Demand consistently outstrips supply in this niche market, leading to competitive prices for luxury homes and apartments. In Schinoussa, the political and economic climate remains stable, fostering a conducive environment for real estate investment. Buyers typically pay real estate commissions of around 2% to 3%, whereas sellers may incur commissions up to 5% of the property's sale price.
Costs and Taxes for Buying Property
When purchasing a luxury property in Schinoussa, potential buyers should consider additional costs such as a transfer tax set at 3%, along with notary and legal fees, which can collectively add another 1-2% to the total purchase cost. For luxury properties used as primary residences, there is no capital gains tax upon sale, though secondary and vacation homes may incur taxes on profits. It's important to note that Schinoussa presently does not impose wealth tax on private homes.
Most Exclusive Residential Areas
Schinoussa's most sought-after areas for luxury living include the surroundings near Tsigouri Beach and the hilltops offering panoramic sea views. These locales are coveted for their tranquility and stunning vistas.
Accessibility and Amenities
Though Schinoussa doesn't have direct road or rail connections due to its small size, it is accessible by ferry from the port of Piraeus and neighboring islands. Naxos is the nearest bustling city, approximately 23 kilometers by sea, providing mainland connections and services. The nearest airports are Naxos National Airport and Santorini (Thira) International Airport, both offering domestic and international flights.
Education and Infrastructure
While Schinoussa is quiet and primarily residential, it is supported by essential amenities and public infrastructure suitable for affluent living. Nearby educational institutions are found on larger islands such as Naxos, which hosts several reputable schools.
Nature and Climate
Characterized by its natural beauty, Schinoussa offers an enviable Mediterranean climate with mild winters and dry, sunny summers. This setting provides numerous opportunities for sports and outdoor pursuits, from sailing and swimming to hiking along scenic trails.
Luxury Lifestyle and Entertainment
Schinoussa caters to a discerning lifestyle with luxury boutiques and upscale dining options. Renowned eateries like Meltemi and Axiotissa offer gourmet Greek cuisine and exceptional service. Although nightlife is more subdued compared to larger islands, it boasts stylish, exclusive bars where visitors can unwind while enjoying the stunning island sunsets.
Cultural and Social Events
The island hosts annual cultural festivals celebrating its vibrant traditions, including folk music events that draw visitors from all over. While museums and galleries are limited on Schinoussa, the island's art and cultural influence can be found in nearby Naxos.
Healthcare Facilities
While Schinoussa's healthcare facilities are basic, more comprehensive services are located in Naxos, home to the Naxos General Hospital. Residents and visitors turn to these facilities for more specialized medical care and emergencies.
Overall, Schinoussa offers an exquisite blend of luxury, privacy, and Greek island charm, making it an ideal destination for those seeking a picturesque and serene haven.