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Hellenic aims to be the leading luxury vacation community for Greeks abroad.
At Hellenic Waterfront Resort, our goal is to provide to over one million Greek families
and friends around the world with affordable holiday homes in their native country of
Greece and to create unforgettable vacation experiences together.
Greeks abroad have 60 different options to choose and buy the right vacation home in
this luxury resort. From four weeks’ time share of a 38 square meters studio to 100%
ownership of 140 square meters maisonette.
The prices, starting from 3,000€ up to 240,000€. See tables below.
Vacation home on a beautiful Greek island.
When it comes to vacationing, is there a better way to break free from the stress of
everyday life than to enjoy your leisure time at place all your own, right on the beautiful
coast of the Aegean Sea?
All Greeks that live around the world, have a once-in-a-lifetime opportunity to own a
waterfront vacation home in Greece, saving thousands of dollars every year in
expensive hotels and waterfront homes rental expenses.
BUY YOUR OWN WATERFRONT PROPERTY
It is expensive to acquire such a house and is very costly to maintain. Many people may
decide it isn't worth it to buy and keep one simply to vacation once or twice a year. But
a vacation home on the sunny, sandy beach of Karystos is within reach for everyone!
All Greeks abroad can get a luxury waterfront studio, with private pool in an expensive
hot tourist area, as Hellenic intends to offer vacation for their family needs, 92% lower.
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Highly competitive investment.
Perfect Location, clear waters, sandy beach, surrounded by Ochi Mountain and
the known to locals Potami. (Greek name of the river)
Luxury Development & Properties.
Variety of houses/ apartments/ studios/ maisonettes.
Ownership depending on your preferences, based on the frequency you visit
Greece. (You Pay exactly what you use)
Fixed Income, for periods you don’t use your property.
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Amenities of a 5 star hotel.
Meeting Greeks all over the world, meeting people with the same culture and
language
Opportunity to keep close relationship with your family remaining in the
homeland and your kids with their routes.
Maisonette. 140 sq.m Four bedrooms, four bathrooms. Kitchen, sleeps 14 persons.
Private pool, lot size 650 square meters
Maisonette 70 sq.m. Two bedrooms. Two bathrooms, Kitchen, sleep six persons.
Private pool. Lot size 325 square meters.
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Studio 38 sq.m. one bathroom, kitchen, sleep four.
Private pool, lot size 160 square meters.
Greek way of life.
Greece has retained its rural identity and people have not forgotten how to live life as a
community. Although times have changed a little, the lunchtime break is still a big deal
and you will often find families getting together for a sociable meal rather than "eating
on the go". Most villages and small towns still make a real effort to organize gettogethers, especially over religious times like Easter. Additional to this, Greece offers
better weather, tastier food, more public holidays and spectacular views. Whether you're
looking for a spacious flat, a sea-side villa or a rustic property with an olive grove, Greece
will have something for everyone.
Why Studio at Hellenic Waterfront Resort?
Hellenic is situated in the beautiful valley of Karystos on the Greek island of Euboea. This
is a new, up-and-coming community where everything to suit your needs and enjoyment
will be close at hand. Each and every studios is designed so as to have a gorgeous view
of the sea, and the beautiful beach is only a minutes away. You will be able to drink your
coffee in cafés, have a meal at the local restaurant, browse shops, lounge by the pool or
sip cocktails at the pool bar. Hellenic has been planned to accommodate a diverse array
of preferences with many activities and options to explore.
Home- from- Home Experience.
Hellenic Waterfront Resort strongly encourages members of the global Greek community
to consider our studios as a potential home away from home. We want to extend this
opportunity for Greeks to invest in their homeland and return to their roots. We want to
create a community where you can meet new people and create lifelong friendships. We
want you to experience and immerse yourself in Greek culture through socializing with
locals and owners alike.
Instead of visiting Greece as a tourist, you will own property and enjoy the world-famous
Greek hospitality, as Hellenic Waterfront Resort doesn’t want to be simply another
hospitality enterprise: we want to create a home-away-from-home feeling for all our
dwellers.
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PRECONSTRUCTION
TIMESHARE SPECIAL SAVE 50%
TIME SHARES IN HELLENIC
At Hellenic, the main purpose is to serve the needs of Greeks who live abroad. For
that purpose we use three types of studios: 38 square meters, maisonettes of 70
square meters and maisononettes of 140 square meters. Each house is divided into
14 two-week shares. Each share is valued by the period of use. During the winter the
owner can use the resort for two additional weeks with no additional cost. Each
owner can choose the type of house and time needed as per the prices that work
best for him/her.
Time share in Hellenic vs Time share in Hotels.
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A major difference in Hellenic time shares is the ownership status. There is a big
difference between the owner of the property and the owner of the right to use
the property in a certain period of time. At Hellenic each lot is sold individually.
The buyer pays a share (if he does not buy the whole lot) and gets a title of the
lot first. Then the buyer pays four installments for the contract cost.
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There is not a fixed maintenance and management fee. Each owner is the
manager of his/her property and responsible for maintaining the property.
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The owners own their properties and with a mutual agreement gain the right to
use them for a certain time.
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Each house has a kitchen and a sitting counter but also a separate exterior
dinette with views of the sea. See photo below.
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Hellenic prices are approximately 70% lower than the market price. See the link
from RCI.com, a timeshare-selling website for comparison. The main reason is
that the owner of the Hellenic time share is a partner in the property, a developer
rather than just a user. At Hellenic the ownership is permanent; there is no time
limit.
For Further Information: call Petros Kougentakis Tel #: (347) 763 7327.
www.hellenicwr.com
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Additional time during winter season.
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“From November 1 to March 31 the owners of two week’ time shares can also Stay to
the resort two additional weeks’ time during the winter session”
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A. People who are willing to buy a waterfront vacation house and at the
same time make money from their investment
Due to the structure of the development it can be rented to tourists and others who are
interested in visiting Hellenic, providing a second income from the house. This money
can be used to cover the home loan as well as to pay maintenance fees. At the same
time, the owner can personally use the home at any time during the year. The following
table is indicative of costs versus duration of stay, based on data from high, medium and
low seasons. Two additional options for the single ownership, the double and triple
ownership options are also provided.
PRECONSTRUCTION SALE
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PRECONSTRUCTION
EVERY SECOND YEAR SPECIAL
Greek-Americans, Greek-Canadians and Greek-Australians love to come to Greece but it
is very costly to maintain one waterfront house for only one or two months a year during
the summer. Many of them prefer to go to Greece once every second year. This
timeshare special are the best option for them. The cost to rent a studio as per the list
below is for July 5,492€ and for August 6,044€. In this offer the price to buy is 9,000€
which is a great investment and affordable to all Greeks who live abroad.
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RENT vs. BUY A WATERFRONT PROPERTY
On the above table 2A, it is presented the cost to buy two weeks in the Hellenic
Waterfront Resort. On table 3 below, it is compared the benefits of buying a percentage
on a studio which is equivalent of two week staying in a waterfront hotel room or a
similar house. The money you spend by making a capital investment compared to
spending your money every year by renting a hotel room or a waterfront house, it is
only 2 ½ times higher. This option highlights the significance of the investment in the
Hellenic.
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The estimate was based on the rates of a 5 star hotel (Vantaris Palace) built by
our organization in 2005 at Chania Crete, aimed to become a waterfront resort
for Greek Americans.
Investing approximately 8,000€ in a property offer by Hellenic as per
table 3: The savings were approximately 3,000€ a year for not paying rents.
Owners also can make income out of this investment to pay vacation in other
destinations or to finance other family activities.
A unique piece of paradise in the Island of Euboea
Exterior dinette with views to the sea
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LOT LAYOUT AND SITE PLAN
In the above site plan the area including the first phase of the Waterfront development is
highlighted.
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There are various properties ranging in size from 38m2 studios to 140m2.
maisonettes that are set to be constructed.
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The numbers written on the top of the structures can help you identify the lot and
specific house you would like to buy. The development will start from the
buildings shown with yellow at the bottom of the plan. Lots 1e and 1f are 140
sq.m maisonettes, and 2e and 2f are two 70 sq.m maisonettes. Lots 1g, 1h, 2g,
2h are eight studios that are each 38 sq.m. These will be the first of these
timeshares to be constructed, unless buyers specify other preferences. Press the
“Buy the lot” button to learn the prices for the lots. Indicate the lot that you
prefer and fill the property No box to show what type of timeshare you are
interested in.
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