Drepano - Patras - Paralia Porovitsas

Trizonia is the only inhabited island in the Gulf of Corinth, known for its serene ambiance and historical charm. With a history dating back to antiquity, Trizonia boasts historical sites such as old churches and ruins that tell tales of its rich past. Geographically, the island is accessible by a short boat ride, offering visitors a sense of seclusion while being just a few kilometers from the mainland of Greece, in the province of Phocis. This gem of the Ionian Sea is surrounded by tranquil waters and lush landscapes, making it a desirable location for luxury real estate.

Real Estate Market in Trizonia

The exclusive property market in Trizonia is currently stable, with a balanced demand and supply of luxury homes and apartments. Buyers can find exquisite villas and high-end residences, particularly in sought-after areas that provide stunning sea views and privacy. The political and economic situation in Trizonia, as with Greece in general, is stable, contributing to a secure investment environment.

Financial Considerations for Buying Luxury Property

When purchasing a luxury home in Trizonia, buyers should account for a transfer tax of approximately 3% on private property. Real estate commissions typically range from 2% to 3% for buyers and sellers alike. Additional costs may include notary fees and legal expenses, which can vary based on the complexity of the transaction. Greece does not impose a wealth tax on private home ownership, but there is a capital gains tax on profits from the sale of second or vacation homes. Corporate tax rates stand at 22%, while the income tax rate for residents ranges from 22% to 45%, depending on income levels.

Mortgage and Financing in Trizonia

Prospective buyers looking to finance a home in Trizonia will find that mortgages generally cover up to 70% of the property's value, with the remainder requiring personal equity. Lenders evaluate income and creditworthiness to determine eligibility and terms, making thorough financial planning essential.

Luxury Living and Lifestyle in Trizonia

Trizonia offers a unique blend of luxury and tranquility, with exclusive neighborhoods that cater to discerning tastes. The island's luxury shops feature fine jewelry and boutique fashion, appealing to those seeking refined living. Renowned dining options on the island include waterfront restaurants that offer gourmet Greek and Mediterranean cuisine.

Sports, Recreation, and Cultural Opportunities

For those interested in sports and outdoor activities, Trizonia provides sailing, hiking, and water sports such as kayaking and windsurfing. Cultural enthusiasts can enjoy the island's annual festivals that celebrate its heritage through music and dance. Though there are no large museums directly on the island, nearby cities like Patras offer a range of cultural institutions, including galleries and theaters.

Accessibility and Transport

Trizonia is accessible by road to the port of Glyfada, where a short ferry ride connects to the island. The nearest major city is Nafpaktos, approximately 15 kilometers away, offering additional amenities and cultural sites. Trizonia is about 1.5 hours by car from Araxos Airport, providing national and some international flights, while Athens International Airport is 3 hours away, offering a broader range of international connections.

Education and Healthcare Facilities

While Trizonia itself does not host schools or universities, the nearby areas, including Nafpaktos and Patras, offer reputable educational institutions. Healthcare facilities are accessible in nearby mainland areas, with general hospitals and clinics providing comprehensive services.

Infrastructure and Amenities

The infrastructure in Trizonia supports a comfortable lifestyle with necessary amenities, including utilities and communication services. While the island maintains its natural charm, it is well-equipped to cater to the needs of its residents, ensuring a luxurious and relaxed living experience.