Greece is the word!

Following our MD Robin’s visit to Athens last month, the supporting report along with the Fast Track submission fee have now been sent to Nicholas Efstathiadis. As soon as our formal acceptance into Fast Track has been confirmed, which shouldn’t take long, we will let you know.

Talks with a famous worldwide hotel chain continue which could prove wonderful news for our resales and for the resort’s occupancy rates when completed and an LOI has been issued.

In light of the UK Referendum on the 23rd of June and the United Kingdom’s departure from the European Union, I wish to confirm that Halcyon Hills Luxury Resort and Spa is owned by a Greek company. This means that the resort remains a Euro asset, the resort will still be entitled to the European Union funding and the project remains supported by the Mayor of Samos, Michalis Angelopoulos.

We fully expect in the next newsletter to announce the resorts successful Fast Track entry and the subsequent final steps taken towards construction starting.

Greece property interest grows

According to a leading overseas property publication, Greece is 'well and truly back on the map' for those looking to buy property abroad.

A combination of a stabilised property price, a reduction in buying costs and a rise in low season, low budget flights has seen interest grow according to A Place In The Sun.

'Sales have been three to four times what they were last year' said Spyros Matzos, who heads up a leading Greece property website. British buyers are leading the market but other European countries are also now looking at Greece with more frequency.

Villas, particularly with sea views, are leading the demand in the market. This is where Halcyon Developments Group’s Halcyon Hills development on the stunning island of Samos will come into its own when construction work begins following final documentation being signed off.

Samos features in one of Italy's most popular travel programs

The Italian broadcasting channel RAI3 completed its shootings for a new documentary film about Greece, especially the islands of the Northern Aegean Sea, Samos, Lesbos and Chios.

The documentary will be screened during the television programme Alle Falde Del Kilimangiaro, which is one of the most popular travel shows broadcasted by the Italian State Television every Sunday evening, appealing to an audience of about 10%, which equals to 1.000.000 – 1.500.000 viewers.