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Villa Katafygio with its boutique studio apartments is currently on the market and provides an excellent opportunity for a lifestyle change with generous rental income rewards from the established 5 star rated accommodation.
VIEW OF ASSOS BAY FROM THE VILLA
Assos village is a truly magical place and is firmly established as the ‘jewel in the crown’ of the beautiful island of Kefalonia.
Villa Katafygio is set in a perfect location in the village with commanding views over the bay, the mountains and the Ionian sea beyond and yet only 2 minutes from the village square, beach and tavernas.
The main villa has spacious accommodation and glorious wrap around terraces to three sides and on the ground floor are two self contained boutique studio apartments each with its own terrace area.
A large open plan living space with a feature open fireplace and a double sofa bed in the lounge area. An office space and a large breakfast bar/island with kitchen off and a modern shower room/wc.
Up the impressive staircase is a very large air conditioned bedroom with a white vaulted wooden ceiling, an en suite shower room/wc and a fabulous balcony affording stunning 270 degrees views.
The studios are self contained with their own front door leading into an air conditioned double bedroom and archway into the kitchen area with a door to the shower room/wc.
These images give you a taste of the property but there is a full gallery of images following on from here right down to our contact details. We look forward to answering all your questions about the property and the island itself.
The studios provide an excellent rental income and we have enjoyed seven years of five star reviews from guests from all over the world – from Australia to Alaska!
We will miss village life along with hosting our lovely guests but it is time to take a step back and enjoy our retirement.
The property is for sale for 780,000 euros
Insight into rental income potential:
The main season runs from 1st May till mid October giving a potential of 168 nights.
Between them the studios currently earn £270 per night and we normally achieve around 70-80% occupancy.
If the main apartment in the villa was also rented out it should earn around £240 – £270 per night. There would be some management costs with this option but we choose to live in the villa and manage the studios ourselves.
Kefalonia is becoming an increasingly popular destination and demand for accommodation will continue to rise, particularly in the more exclusive hot spots such as Assos.
FOR MORE INFORMATION
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