An introduction to the opportunity

Named after the picturesque beach cove that lies at the bottom of the resort, St. Thomas Beach Resort is located in the elegant village of Karavados.Combining classical Greek architecture with open fields and farmland, yet is ideally close to both the airport and the capital of the island Argostoli.
Through experiencing the demand for rental accommodation on the island, the resort has been carefullydesigned specifically for the end-user; the tourist. The demand continues to outstrip the supply of suitable accommodation, and it is this that has allowed Premier Homes Wordwideto provide such a strong investment proposal for our clientbase. Your rental income is guaranteed from the day of completion for the period of 12 months with an option to extend for up to 5 years. An exclusive resort inspired by the Greek spas, it offers a choice of apartments and villas set within beautiful landscaped gardens with swimming pool and spa. It also boasts tennis courts and a children’s activity area, together with an on-site minimarket and a cafe/snack bar. A strong and secure investment, St. Thomas Beach Resort will also offer the owner a fantastic holiday retreat.

EQUITY AND THE RESALE MARKET
On a global scale, the past 12 months has seen large increases
in the cost of oil, steel, concrete and almost all other materials
that consequently have caused a ripple-effect throughout most
industries, the construction industry is no exception.
Our experience of previous projects on the island, the cost of
land has also increased substantially, approximately by 20% in
the past three years.
The illustration below details the growth in a villa in Karavados
based on a projected growth of **15%:

ORIGINAL PURCHASE PRICE: 197,950.00€
15% GROWTH YEAR 1: 227,642.00€
15% GROWTH YEAR 2: 261,788.00€
15% GROWTH YEAR 3: 301,057.00€
MINUS 5% DEPOSIT PAID: 10,997.00€
MINUS LOAN INTEREST: 17,498.00€
TOTAL NETT EQUITY: 74,612.00€
Greece is an established holiday destination and one of the most sought after second home locations besides France and Spain.
Greece has better weather and azure coastlines, but in addition also benefits from stringent planning regulations, preventing
overdevelopment as can be witnessed along the costas of Spain.
Greek tourism is world renowned. 17 million tourists visited Greece in 2007 and this figure is set to increase year on year. The
country boasts a wealth of history, character and breathtaking scenery, ensuring that tourism plans and projected visitor numbers
coupled with the envious lifestyle on the island ensures a strong and stable re-sales market, vital for when you wish to sell your
property and realise your investment.
* The total annual income is calculated on an average weekly amount based on three price bands during a 24 week season;
low = 800.00 Euro mid = 900.00 Euro high = 1,100.00 Euro. These have been calculated using comparable evidence
of accommodation in the specific locality and can offer an indication only.
** Past performance is no guide to future performance, the value of a property may decrease as well as increase.