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Resort Apartment, The Residences at The Westin Resort Costa Navarino

Costa Navarino, Messinia, Peloponnese
For Sale
€ 770,000
DESCRIPTION 

The Residences at The Westin Resort, Costa Navarino is a collection of furnished, freehold resort apartments for sale. 

FURTHER INFORMATION 

Each apartment is formed by a Family Suite and an interconnecting Deluxe Room, plus an additional Guest Room, located across the Apartment, part of The Westin’s existing collection of rooms and suites. Laid out on a 158sqm single floor area, all apartments consist of three bedrooms with ensuite bathrooms, a living/dining room, a wc and spacious covered verandas. While all apartments are similar in size, layout and interior design, different options are available in terms of leveling and views. Owners may use their apartment for four or eight weeks every year*, enjoying access to all resort facilities, amenities and experiences, including Costa Navarino’s 18-hole signature golf courses, The Dunes Course & The Bay Course, tennis courts, kids’ facilities, the 4,000 sq. m ANAZOE spa, more than 20 restaurants, bars and cafes and an impressive 1km long sandy beach. At the same time, they receive an annual income by placing their apartment in the resort’s rental pool, when not in use, through a fully managed, mandatory 18-year rental program. Navarino Dunes is a gated community, providing 24 hour security throughout the year. The rental program provides, for the first 5 to 9 years (buyer's option), a fixed annual income equal to 3.5% of the purchase value (net-of-expenses, pre-tax). For the remaining 13 (or 9) years of the lease contract, income is based on a 50/50 split system between the owner and the operator. Costa Navarino has received widespread recognition, with over 180 international awards, including “Best International Residential Development” & “Best European Residential Development” of the year 2017-2018 for Navarino Residences. The development has been distinguished as a global paradigm in sustainable tourism, with accolades such as the World Travel & Tourism Council’s Tourism for Tomorrow Awards – ‘Best Global Sustainable Destination in 2104. Furthermore Costa Navarino was awarded the title of “2017 European Golf Resort of the Year” at the IAGTO Costa Navarino is easily accessible with direct flights to Kalamata International Airport from most European cities. Navarino Dunes is only 50km from Kalamata International Airport and 270km from Athens.

* specific restrictions apply

LOCATION 

Costa Navarino is the prime, sustainable destination in the Mediterranean, located in the Greek region of Messinia in the southwest Peloponnese . Costa Navarino is easily accessible with direct flights to Kalamata International Airport from most European cities.. One of the most unspoiled and breath-taking seaside Mediterranean landscapes, this area has been shaped by 4,500 years of history. Its philosophy is driven by a genuine desire to promote Messinia, while protecting and preserving its natural beauty and heritage. It comprises of a number of 5 distinct sites featuring 5-star hotels, private villas and resort apartments, conference facilities, a 4,000sq.m Anazoe Spa , two signature golf courses, as well as a wide range of unique year-round activities for adults and children.

DIRECTIONS 

1.5 km from a sandy beach

15 km from Pylos

50 km from Kalamata International Airport

55 km from Kalamata town

270 km from Athens

KEY POINTS 
3 bedrooms, 3 bathrooms
158sqm total floor area
Prices from €770,000
Fixed annual rental income equal to 3.5%
4 or 8 weeks usage per year
18-year rental agreement
3
Bedrooms
3
Bathrooms
158 m2
Size
AMENITIES 
Club Facilities
Security
Swimming Pool
ENERGY EFFICIENCY RATING 
TBA
Flat/Apartment
Freehold
AGENT