27/07/2011

Greek island gems - Daily Express

The luxury beachfront resort of Halcyon Hills on the Greek island of Samos provides an opportunity for self-invested personal pension (SIPP) investors.

They can acquire a property with a guaranteed rental income of five per cent for nine years after which the developer is offering to buy back customers' properties at 180 per cent of the price they paid.

Costing from £174,000 for outright ownership, the developer Barrasford and Bird is also offering fractional deals from £19,500. The development is in a sheltered bay and nearly all properties enjoy panoramic sea views from their own terraces.

Centred around a vast spa, the resort offers all the facilities of a top hotel.  Samos itself is steeped in history and culture and has an international airport.

Source: Daily Express, Monday 25th July 2011

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