Luxury Investment Apartments Within Walking Distance of the Sea in Thassos

Project Overview

Olive Residence, located in Skala Sotiros, one of Thassos’s developing areas, offers a distinctive living environment with nature-inspired architecture and modern design. Just 200 metres from the sea, this gated development is an excellent opportunity for both investors and those seeking a holiday home. Its 54 apartments are set within a secure, enclosed complex and feature functional layouts, shared swimming pools and natural landscaping for comfortable living.

About the Area

Thassos Island, in the northern Aegean Sea, is a tourist paradise known for its natural beauty, golden beaches and historic character. Skala Sotiros is a peaceful coastal town on the island’s north-western side.
During the active tourist season from April to October, the area provides easy access to famous beaches such as Golden Beach, Paradise Beach and Aliki Beach. Pine forests, nature trails, local cuisine and Thassos honey enrich the lifestyle. The development is only 20 km from the main port and is easily reached by ferry from Kavala.

Excellent Accessibility

Olive Residence offers convenient access to Thassos’s most attractive destinations:

• Beach: 200 m

• Skala Prinos Port: 7 km

• Thassos Main Port (Limenas): 20 km

• Kavala Airport (including ferry transfer): approximately 1 hour

• Golden Beach: 25 km

• Ancient Aliki: 36 km

Invest in Your Future

Thassos’s growing tourism potential and limited land supply give Olive Residence a strong position for long-term appreciation. The project offers a secure, sustainable investment through guaranteed rental income, post-sale management support and professional rental services.

In addition, the project is offered off-plan, with potential appreciation of 30–40% by delivery. This may provide investors with significant capital gains over a relatively short period. The growing tourism potential and limited land supply give Olive Residence a strong position for long-term appreciation. The project offers guaranteed rental income, post-sale management support and professional rental services.

Project Summary

• Location: Skala Sotiros, Thassos

• Total apartments: 54

• Apartment sizes: 36.95 m²–49.90 m²

• Interior layout: Living room & kitchen, 1–2 bedrooms, 1 bathroom

• Shared areas: Swimming pools, green spaces and outdoor parking

• Starting price: €89,000

• Construction start date: 30 June 2026

• Delivery date: Between 30 December 2026 and 30 June 2027

Payment Plan

The PAY AS WE BUILD system offers staged payments without a bank loan. A 20% deposit is paid upfront, and the remaining 80% is divided into six equal instalments tied to construction milestones:

• Concrete stage

• Brickwork stage

• Plastering stage

• Flooring stage

• Ordering and installation of frames

• Property handover stage

After the 20% deposit, the remaining balance is paid in six equal progress-based instalments from the construction start date of 30 June 2026. This system spreads the financial commitment over time, allowing investors to pay as construction advances.

Why Olive Residence?

• Just 200 metres from the sea

• Modern, gated and secure complex

• Guaranteed 5% rental return

• Sustainable architecture in harmony with nature

• Flexible payment plan for easier investment

• Opportunity to participate in Thassos’s appreciating property market

Services for Investors

• Professional after-sales services: cleaning, maintenance, bill and tax follow-up

• Rental management: the entire process is handled by a professional team

• Additional security: investment protection through fire and liability insurance

Additional Costs

Some additional costs are not included in the purchase price. The estimates below help investors plan their finances clearly:

• Property transfer tax: approximately 3.09% of the purchase price

• Notary and title deed costs: approximately 2.5% of the purchase price

• Electricity connection fee: approximately €800

• Water connection fee: approximately €500

• Annual maintenance (service charge): approximately €450

• Solar water heater (120 litres): required under Greek regulations and purchased and installed by the buyer. Average cost: €740.

Note: Under the rental guarantee scheme, some costs will be covered by the tenant.