belussi, Greece

Description:

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This beachfront property in Belussi Beach, Zakynthos, represents a strategic high-yield investment, particularly for those looking to capitalize on the island's robust tourism market and evolving residency regulations.
Property Description: Belussi Beach Studios
Situated directly on the water in the sought-after Belussi Beach area, this property is a purpose-built complex designed for hospitality and coastal living.
• Accommodation: The building consists of 6 self-contained studios, each featuring an en suite bathroom.
• Amenities: Each unit is equipped with air conditioning, kitchenettes, and classic tiled flooring, making them move-in ready for the rental market.
• Exterior Features:
• Private Beach Access: The property leads directly to a sandy beach cove with stone-reinforced sea walls.
• Outdoor Living: Wide verandas with traditional white balustrades offer panoramic Ionian Sea views.
• Landscaped Grounds: The plot includes gated access, a paved driveway, and mature floral landscaping.
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Investment Analysis & Potential Uses
Priced at €980,000, this asset offers multiple pathways for value appreciation and income generation.
1. Hospitality & Yield
• Boutique Apart-Hotel: Operate as a high-end rental business. Given the private beach access—a rare commodity—this property can command premium nightly rates compared to standard studios in Zakynthos.
• Renovation Potential: While currently functional and traditional, a "modern-boho" aesthetic renovation could significantly increase the asset's capital value and appeal to higher-spending luxury travelers.
2. Strategic Added Value
• Scarcity: Direct beachfront land in Greece is increasingly protected and difficult to acquire. The inclusion of a private beach area provides a permanent competitive advantage.
• Conversion: The layout allows for potential reconfiguration into a large, ultra-luxury single-family villa or three spacious "junior suites" to target the high-net-worth segment.
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Golden Visa Opportunities (2026 Regulations)
As of May 2026, the Greek Golden Visa program has moved to a tiered structure. Since Zakynthos is an island with a population exceeding 3,100, it falls into the "Prime Zone" category.
• Investment Threshold: The minimum investment for a Golden Visa in Zakynthos is €800,000 for a single property.
• Eligibility: At €980,000, this property comfortably exceeds the required threshold, qualifying the buyer for a 5-year renewable Greek residence permit.
• Key Conditions:
• Single Property: The law requires the investment to be in a single asset of at least 120 sqm. As this is one building/block on a single plot, it meets this criterion.
• Rental Restrictions: Under the latest 2024/2026 reforms, properties purchased for the Golden Visa in these zones cannot be used for short-term rentals (e.g., Airbnb). However, long-term leasing to tourism businesses (who then operate the hotel) is generally permitted.
• Family Inclusion: The visa extends to the spouse, children under 21, and parents of the main applicant and spouse.
Expert Insight: This property is a "turnkey" solution for the Golden Visa. By exceeding the €800,000 threshold, you secure European residency for your entire family while owning a high-liquidity beachfront asset in one of Greece's top-performing regional markets.
PRICE 980.000 EUROS