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Zakynthos Villas, Zakynthos, Greece

€25,000 Per Week

Three elegant villas set in the unspoilt beauty and tranquillity of Zakynthos' north-east coast - a private estate hidden in five fragrant acres of shady olives, cypress and citrus tree.

Enjoy uninterrupted 180° panoramas across the sparkling turquoise Ionian Sea from every room, with landscaped terraces stepping down to the sea…

Kapari Bay on the Greek island of Zakynthos provides all the comforts of glorious Mediterranean living. Every detail of your stay can be anticipated and catered for.

Five-star comfort and privacy

Imagine waking up in a beautiful bedroom overlooking an azure crystal sea. The aroma of freshly-baked bread wafts up from the kitchen. Cicadas sing in the olive groves and the gardens burst with clouds of colour and fragrance from bougainvillea, agapanthus, lavender and rosemary. Staying at Kapari Bay is a unique experience for up to 20 guests. All the en-suite, air-conditioned bedrooms enjoy an unspoilt sea view to the distant Peloponnesian Mountains and Kefalonia. Jacaranda sleeps six in three doubles while Myrtia accommodates 12 in six doubles. The villas' spacious living rooms all have spectacular sea views, and gentle breezes keep them cool and comfortable in the daytime. Cool shaded terraces lead on to the stunning infinity pool. The charming Sea Folly is a romantic jewel of a private villa perched on the cliff, with a double bedroom, his and hers bathroom, and views of the little island in Kapari Bay from every window and from its own secluded sun deck.

Days are punctuated by relaxed home-cooked Mediterranean-style dishes, prepared in the open-plan kitchen.

Dine alfresco - under shade by day, under glittering stars by night. Enjoy internationally-acclaimed wines from the boutique vineyard on the neighbouring island.

So much to do

This is the place to unwind, whether you prefer bursts of inactivity, dynamic water sports or exploring the Venetian ruins, ancient olive groves or nearby islands. The choice is yours. You can be as busy or as relaxed as you want:

Yoga as a retreat or a daily routine

Cooking lessons in the villas' open-plan kitchen, barbecue and outside wood-fired oven

Water sports at the Peligoni Club just 5 minutes' walk away. Or pampering at their health and beauty salon

Dive off the rocks below into refreshing turquoise seas

Boat trips to the Blue Caves or the spectacular ship wreck cove, including lunch, swimming and snorkelling

Day trips with lunch included on a private 58' fishing boat pausing at beaches for swimming and snorkelling

Step back in time by lunching in the ancient Venetian village of Giri

Wine-tasting at the boutique vineyard on neighbouring Kefalonia by car and ferry, followed by the best seafood lunch in these islands

A candle-lit dinner under the stars at an ancient monastery

Water sports including waterskiing with our own crewed 12-man Rib

Tennis and table tennis Please note that certain activities are charged as extras

Travelling to Kapari Bay

Fly direct by charter in three hours from most UK and some European airports to Zakynthos (Zante airport), or fly to Athens or Corfu and take an internal Olympic connection. All the local airports receive private jets, and we can also recommend jet companies and advise on car hire. Airport transfers can be arranged to escort you to the villas, 40 minutes' drive along on Zakynthos' stunning north-east coast road.

A BUYING GUIDE TO GREECE

If you’ve found a beautiful property to buy in Greece, the buying process itself is a well-trodden path. With good legal advice, it shouldn’t hold any surprises.

Firstly, three basic formalities:

  • You need to register any funds with the Bank of Greece that you’re bringing into the country to make your purchase, and gain their permission to proceed. You may also need to open a Greek bank account, for the funds to pass through.
  • You will need an ‘AFM’tax registry number from the Greek tax authorities.
  • If you’re a non-EU national, take the precaution of checking that you are allowed to buy your planned property. You are unlikely to get permission if it is located in a sensitive area, such as near a military installation or a national border. On certain Greek islands, you may also need the permission of its local council.

 

With these obstacles out of the way, the normal buying procedure begins.

Step 1: Find a lawyer and make your offer

Naturally, you need a specialist lawyer with local knowledge to help you navigate the buying process.

This begins with making your offer for the property. If it’s accepted, both parties sign a purchase agreement, which you instruct your lawyer to draw up. This process is overseen by a public Notary, who is an independent legal official.

With your finance in place, your lawyer carries out checks on the title deeds, and makes sure there are no issues attached to the property, such as loans secured on it, or that it is located on an archeologically sensitive site.

Step 2: Complete

When the final contract meets everyone’s satisfaction, it is then signed by you (or your appointed legal representative) and the vendor, in front of the notary.

The notary will need to see:

  • All official documents relating to the sale
  • Your valid passport, AFM tax number, and any special permission to purchase (if applicable)
  • Proof that the seller has complied with all required conditions
  • Evidence that the transfer tax (similar to stamp duty) has been paid
  • That all other fees, taxes and charges are settled.
Costs

You will need to budget for various taxes, charges and fees – typically, up to 8-9% of the purchase price.

As the buyer, you pay:

  • Transfer Tax at a flat rate of 3%
  • Land registry costs of approximately 0.475% (+ VAT @ 23%)
  • Notary fees of 1% on the first €120,000 of value, and on a decreasing scale to 0.65% on a value of €380,000 - €2 million (+ VAT)
  • Your own lawyer’s fees are by arrangement (subject to a minimum laid down by law), and may typically range from 1% on a property value of up to €44,020, and then on a decreasing scale to 0.4% on a value above €1,467,351
  • The buyer’s share of the estate agent’s fee at between 1-2.5%. This is often already included in the overall asking price, so do check first.

 

Please note: This article reflects Aylesford’s current understanding of property legislation in Greece. It is offered for general guidance only; specialist legal and tax advice should always be taken for any property transaction.

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