The sale has ended
Sabiri project on the Halkidiki Peninsula
Area: 2981 sq km
Population in Halkidiki: 1,000,000 (as of 2017)
Tourists: 2 million per year (as of 2018)
Most touristy finger: Kassandra –
Cassandra
Activity days per year: 120
Rent: Locals, Booking, Airbnb
Average costs per renovated square meter: 2600
Average costs per night: EUR 150 (regular apartment)
About the area
A dreamy place called Halkidiki.
An hour's drive from Thessaloniki you will find three dreamy stretches of beach departing from Thessaloniki
Out of the city perfectly, the strips are considered a tourist area
which develops over the years in the world of tourism, as well as in real estate.
Halkidiki is a peninsula in northern Greece covering an area of 918,2 km²
East of Salonika, partly within its boundaries. Administratively, most of it belongs
of the peninsula to the Halkidiki regional unit of the Central Macedonia province, while
Its southeastern part belongs to the monastic autonomous state of Mount Athos,
With an area of 63.335 km²
The Three Fingers:
- First finger further south- Kassandra
- Second and middle finger – Sithonia
- Third finger and more northerly – Athos
An article about us in Israel Hayom about projects in Halkidiki - click to read
Project characteristics
- Apartments with 2 bedrooms, living room and kitchen
- Apartment size: 60 sqm
- What's inside: fully furnished
- Price: EUR 1,600 per square meter
- Yield: 11% - 9%
- Property value increase: 15% per annum
- Property management: Greek management company.
Additional costs when purchasing
- Purchase tax: 3.09%
- Transfer of ownership tax: 0.75%
- Greek lawyer: 1.5%
- Notary: 1.5%-2%
- Marketing fee: 5%
income tax
There is a tax treaty between Israel and Greece that states that income tax will be paid only to the country from which the charge came.
In other words, you bought in Greece, you will pay tax of 15% a year of your profits.
There is no additional charge in Israel. (There are tax brackets)
