Menu

Capari, Feggera, Tinos, Greece

€1,800,000

Of the plethora of islands that make up the Greek archipelago, Tinos is located within the Cyclades collection to the southeast of Athens, and north by only a few nautical miles of Mykonos. The Cyclades are typified by their dramatically simple landscapes which are cooled with the Meltemi winds during the dry, hot summers.

By contrast to almost every other Greek island, the heart and soul of Tinos is not found in the quaint harbour town as you arrive ashore, but is fragmented into some forty villages nestling in the hills of this historic and culturally rich destination.

Beyond the peaceful demeanour and stylish yet unsophisticated landscape of Tinos, the island boasts a rare and rich history that has seen inhabitation by various Greek civilizations, early Romans, Venetians and finally the Ottoman Empire after their defeat of the Venetians in the 18th century during their seventh such battle.

Such a diverse history has resulted in eclectic architecture, craftsmanship and cuisine, and most importantly the harmonious integration of the Greek Orthodox and Roman Catholic churches. Tinos has a mix of over 700 churches and monasteries, but it is best known for the Church of Panagia Evangelista that attracts Greek pilgrims to the healing icon of the Virgin Mary, which was discovered on the island in 1823.

The character is punctuated by the warmth of the locals, the legendary home cooking and the tradition of sculpture which has created an art colony. Meanwhile, the fragrance of mimosa trees and lavender fills the air of this simply blissful island.

Feggera, or 'feast under the moonlight' in local Greek, is an elegant estate of eleven homes on a private peninsula along the south-west coast of Tinos

Feggera is designed by the owners for the owners. London investment banker Ari Zaphiriou-Zarifi and his artist wife Heba financed the project, and together with top Greek architects A&T Kontodimas, brought their combined vision to fruition.

Delicately placed on the cliff top, each property is uniquely designed to maximise outside living space.

Each home blends subtly into the indigenous landscape and has a strict environmentally friendly policy…the roofs are planted with vegetation, the volume of the houses are built into the rocks, the rain is collected for recycling and eco-friendly materials have been used in construction.

The Feggera estate was born out of the desire to create an idyllic Aegean island retreat without compromising luxury, style or technology.

CAPARI 'Caper' Plot size: 5,700 m² / 61,332 ft² House size: 350 m² / 3,766 ft² Terraces: 95 m² / 1,022 ft² Pool size: 80 m² / 861 ft²

Accommodation: 6 Bedrooms, 5 Bathrooms

Ground Floor: 175 m² / 1,883 ft² Living Area / Kitchen and Dining Area / Two Guest Bedrooms / Bathroom / Pergolas / Sea View Terraces / Infinity Pool / Sun Decks / Barbecue Area / Outside Shower

Lower Floor: 85 m² / 915 ft² Staff Room / Bathroom / Guest Bathroom / Laundry Room / Pool Room

First Floor: 90 m² / 968 ft² Master Bedroom Suite / Two Guest Bedrooms / Bathroom / Pergolas / Sea View Terraces

Comments:

Capari, has a West orientation with amazing views of the beach (5 min. walk through the property), the mountainous villages and the sunsets. Contemporary Architecture with deep Cycladic roots, hi-end details, etc.

Please be aware prices may vary due to fluctuations in the exchange rate

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.

Brochure Lorem ipsum dolor sit amet, consectetur adipisicing elit. Numquam, itaque.
office contact

For further information or to book a viewing, please contact Louise King on

request a free valuation