(Click to enlarge) Map

With the warm Mediterranean lapping at your doorstep, we offer this new, modern development positioned on the beachfront, in the lazy cosmopolitan resort of Xylokastro.

Set alongside the quaint marina in Xylokastro, with the clear turquoise warm waters of the Corinthian Gulf, gently lapping its white shores, LA MARINA offers both excellent value and style for the property investor in Europe. Wonderfully located and easily accessible from South Africa and Europe. It is also adjacent to the new municipal sports facilities and the Xylokastro Marina, and only a short walking distance from the town centre and shops. This makes the position of the development perfectly placed for those who are wishing to commute into Athens, or those who are wishing to have a weekend, or holiday getaway . The area is also on the main ferry route to Italy/Ionian islands and Corfu and flying time from Johannesburg to Athens is only 8-9 hours.

Located on the Peloponnese, 119km from the bustle of Athens, and the great Heritage sites of ancient Greece, one has the opportunity of relaxing at the coast, living in a luxurious secure apartment, and enjoying the countryside as well as investing wisely. Citrus farms surround the village and the imposing mountains, which are home to Ziria and Kalavrita –one of Greece’s best ski locations- just a mere hour away by car.

This once in a lifetime opportunity, is hassle-free. No levies, no maintenance and we are offering you the opportunity to purchase pre-Olympics allowing you growth in the market.

Not only are you guaranteed an enticing rental return underwritten by a national bank, you are also secured growth of your investment coupled with the comfort of a sound investment.

Corinthia is a modern beachfront resort, with a holiday population all year round. Constructed to the specifications most appropriate for holiday homes, the complex offers lavish facilities in a beautifully organised layout, with impressive sea views. The weather in summer is a comfortable 30-35ºC and winter rarely drops below 8ºC. The atmosphere is very relaxed with the marina on the left of the development and bustling open-air café’s and tavernas on the beachfront, and a characteristic quaint town 5 minutes walk from the development.

The luxury residential complex is sited in Xylokastro on a 12,000 m² plot stretching along the coastal road and offering a refuge from the noise and bustle of the town. The secure development, which comprises of 5 blocks, and a total of 200 units, spacious 1 and 2 bedroom units, (some with lofts, some with gardens), large patios, stunning views and great finishes, including marble. The central common areas have a large pool and entertainment area. The development is secure.

Technical Features

The complex comprises apartments built to high technical specifications, with the following features:
· Independent heating
· Insulated double glazing
· Entrance security doors
· Alarm installation infrastructure
· Electrically operated awnings
· Marble floors in common areas
· Central outdoor pool


Units range from Euro 100,000 for a 1 bedroom 52m2 unit and can be purchased as follows:

· 10% deposit on reservation;
· 20% second deposit in three months time after reservation, together with transfer costs;
· Transfer will be effected prior to occupation, and the bond, if required, or the balance or the purchase   price will only be due march 2004.
· This method will allow purchasers a risk-free investment
  Bonds of up 70% have been arranged by Alpha Bank of Greece.
· Guaranteed rental returns of 5% net are offered and underwritten by Alpha Bank for 4 years.
· The units will be fully furnished by the developer at a nominal cost to ensure rental, and rentals will be   fully managed by the developer at La Marina.
· All expenses in respect of taxes, maintenance, electricity, water and management will be borne by the   management company and the purchaser will have the opportunity to use the unit at a negotiated rate.
· No levies are payable and no further costs to the purchaser, and in fact a hassle free 4 years with   options thereafter.
· Euro based investment in a property market that has a large capital appreciation, and is increasing and   will strengthen further due to the exposure of the Athens Olympics in 2004.

This project is under construction with handover scheduled for early 2004 (The Olympic Games are to be held in Athens in 2004)

Click here for Purchasing Process