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Resort Apartments, Costa Navarino, Messinia, Greece

From € 600,000 – €950.000

Ref: 21224

“Let your home work for you”

The Residences at The Westin Resort, Costa Navarino is a collection of fully-furnished, freehold resort apartments for sale at the heart of The Westin Resort, Costa Navarino. Apartment owners are entitled to a certain free usage period per annum along with a rental income for the remaining time of the year.

Owners may use their apartment for eight weeks every year*, enjoying access to all resort facilities, amenities and experiences, including Costa Navarino’s 18-hole signature golf courses, The Dunes Course & The Bay Course. At the same time, they receive an annual income by placing their apartment in the hotel’s inventory, when not in use, through a fully managed, mandatory 18-year rental program.

The rental program provides, for the first years, a fixed annual income ** (net-of-expenses, pre-tax). For the remaining 13 years of the lease contract, income is based on a 50/50 split system between the owner and the operator.

Facts:

  • Property purchase enhanced by a mandatory 18-year Costa Navarino rental agreement
  • Fixed annual rental income for the first years (next-of-expenses, pre-tax) **
  • EU Permanent Residency eligibility
  • 120 sqm in one level
  • Option of a private infinity pool
  • Only meters from the beach
  • Within the Dunes 18-hole signature Course

* specific restrictions apply, contact us for more information

** specific conditions apply, subject to change, contact us for more information

Disclaimer:

Resort Society, operated by M.E. Estates and Resorts International Consulting, S.L., is not associated with, sponsored by or endorsed by Starwood Hotels & Resorts Worldwide LLC, or its affiliates as franchisor of the hotel and as owner of the Westin® trademark. Any sale by Resort Society, operated by M.E. Estates and Resorts International Consulting, S.L., is conducted independent of such parties and the hotel operation.

 

 

 

Maurice Elst

Managing Director

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