Loutraki-Perachora - Schinos - Corinth

Loutraki, a captivating town located on the Gulf of Corinth, boasts a rich history dating back to ancient Greece, when it was known for its thermal springs and healing waters. The town is steeped in history, with nearby historical sites such as the Temple of Hera at Perachora and the Corinth Canal. Nestled in the Peloponnese region, Loutraki is conveniently positioned close to Athens, making it an ideal location for those seeking a luxury lifestyle by the sea. As you explore Loutraki, you'll find a harmonious blend of natural beauty, cultural heritage, and modern-day comforts.

The Exclusive Property Market in Loutraki

The current exclusive property market in Loutraki is notably strong, driven by a high demand for luxury homes and apartments. Thanks to its prime location and attractive lifestyle, the demand currently outpaces supply, making it a competitive environment for buyers seeking a luxury residence. The political and economic situation in Loutraki is stable, further bolstering investor confidence and contributing to the area's allure.

Costs and Taxes Involved in Buying Luxury Property

When buying a luxury home in Loutraki, buyers should consider additional costs such as transfer tax, realtor commissions, and legal fees. The transfer tax on private property is a flat percentage, as determined by current Greek tax laws, which all buyers must be prepared to pay. Additionally, wealth tax may apply to the ownership of luxury property, depending on its value. While there is typically no capital gains tax on selling a home used as a main residence, a tax is imposed on profits from selling a second or vacation home.

Mortgage and Financing

A typical mortgage in Loutraki covers a significant portion of the property's purchase price, though buyers are expected to contribute a substantial amount as a down payment. The exact amount of mortgage available depends on the buyer's financial situation and the lending institution's criteria. Potential homeowners should be prepared to show a strong financial standing and meet specific income requirements.

Luxurious Lifestyle and Amenities

Loutraki offers a wealth of amenities to enhance the luxury lifestyle, including high-end shops and sophisticated entertainment options. The town is home to several renowned hotels and restaurants, such as the Club Hotel Casino Loutraki, which provides an exceptional leisure experience. Several prestigious dining establishments offer exquisite culinary delights, while stylish nightlife venues ensure vibrant evenings.

Education and Healthcare

Families moving to Loutraki will find excellent educational facilities in the vicinity, including several reputable schools and institutions. For healthcare, the town provides access to quality medical services, with hospitals and clinics such as the General Hospital of Corinth in close proximity.

Connectivity and Infrastructure

Loutraki is well-connected by road and rail, with easy access to Athens, the nearest major city, located just over an hour away by car. The town is also conveniently accessible to both national and international airports, with Athens International Airport being the closest. The robust infrastructure supports a high standard of living, ensuring that residents enjoy modern amenities and services.

Natural Beauty and Outdoor Activities

The serene environment of Loutraki is characterized by beautiful landscapes, pristine waters, and a mild Mediterranean climate. Residents and visitors can indulge in various sports and outdoor activities including hiking, water sports, and golfing. The town also hosts numerous cultural and sporting events annually, adding vibrant experiences to the luxurious lifestyle.

Cultural and Historical Attractions

Rich in culture, Loutraki offers several renowned museums and galleries that feature artistic and historic exhibitions. The area's cultural scene is complemented by its proximity to ancient sites and the annual hosting of events that celebrate its historical legacy. In summary, buying a luxury home in Loutraki means not only acquiring a premium property but also embracing a lifestyle replete with lavish amenities, natural beauty, and vibrant cultural experiences. Whether you are seeking a primary residence, a vacation getaway, or an investment opportunity, Loutraki presents an inviting choice.