3 Bed Villa / Detached for sale
Assos, Kefalonia, Ionian islands, Greece
Full Description
WHERE IS IT?
Assos village is a truly magical place and is firmly established as the ‘jewel in the crown’ of the beautiful island of Kefalonia.
LOCATION LOCATION LOCATION
Villa Katafygio is set in a perfect location in the village with commanding views over the bay, the mountains and the Ionian sea beyond and yet only 2 minutes from the village square, beach and tavernas.
WHAT ARE THE DETAILS?
The main villa has spacious accommodation and glorious wrap around terraces to three sides and on the ground floor are two self contained boutique studio apartments each with its own terrace area.
A large open plan living space with a feature open fireplace and a double sofa bed in the lounge area. An office space and a large breakfast bar/island with kitchen off and a modern shower room/wc.
Up the impressive staircase is a very large air conditioned bedroom with a white vaulted wooden ceiling, an en suite shower room/wc and a fabulous balcony affording stunning 270 degrees views.
The studios are self contained with their own front door leading into an air conditioned double bedroom and archway into the kitchen area and shower room/wc.
OPPORTUNITY
The studios provide an excellent rental income and we have enjoyed seven years of five star reviews from guests from all over the world – from Australia to Alaska!
We will miss village life along with hosting our lovely guests but it is time to take a step back and enjoy our retirement.
The property is for sale for 780,000 euros
but with no agents fees to pay we can be flexible
on the price - all you will need is a lawyer and
we can give you all the other relevant info.
Insight into rental income potential:
The main season runs from 1st May till mid October giving a potential of 168 nights.
Between them the studios currently earn £270 per night and we normally achieve around 70-80% occupancy.
If the main apartment in the villa was also rented out it should earn around £240 – £270 per night. There would be some management costs with this option but we choose to live in the villa and manage the studios ourselves.
Kefalonia is becoming an increasingly popular destination and demand for accommodation will continue to rise, particularly in the more exclusive hot spots such as Assos.
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