Oxia island

Greece - Europe

Oxia Island
www.vladi.de

Size: approx. 1,236 acres
Price: EUR 6,900,000
Location: Ionian Sea, Greece

VLADI PRIVATE ISLANDS GmbH (Germany) VLADI PRIVATE ISLANDS (CANADA) LIMITED Offers subject to errors, omissions, price changes or withdrawal
Ballindamm 7, D-20095 Hamburg, Germany Suite 602, Summit Place without notice.
Tel. +49 40 33 89 89 | Fax +49 40 33 00 81 1601 Lower Water Street, Halifax, Nova Scotia B3J 3P6, Canada Diese Angebote sind freibleibend - Änderungen, Fehler und
www.vladi.de | info@vladi.de Tel. +1 902 423 3202 | Fax +1 902 425 4765 | www.vladi.ca |info@vladi.ca Irrtümer vorbehalten.

Greece - Europe
Oxia Island
Oxia is definitely one of the best Greek private islands currently on the market. Located among Greece’s Ionian Islands, which, together with the
Aegean islands, feature the highest tourist activity in Greece, Oxia may be the last island not yet developed. Its 500 hectares (1,236 acres)
boast clear waters and lush grounds.
Oxia is half the size of Capri, spanning 5.9 km (3.6 miles) in length with a width varying from 1.5 km (0.9 miles) in the North to 0.7 km
(0.4miles) in the South. This rough beauty persuades with dense pine groves penetrated by limestone walls and a craggy rough coastline with
three large bays that form ideal beautiful and sheltered natural harbours.
The northern part of the island is almost mountainous, with elevations to 421 metres (1380 ft) and the terrain slopes gradually to the South
with full vegetation (bush and pine trees). The surrounding waters host plenty of fish. Local fishermen have built bow nets in the large bays
which may easily be removed or utilized for future supply. The Island is uninhabited and undeveloped except for a derelict but picturesque light-
house (which might be profitably restored for “lighthouse” fans).
Climate:
The Ionian Islands have a mild Mediterranean climate with high rainfall in the winter and high temperatures during the summer, pleasantly
moderated by the maistros, light to moderate northwesterly winds that rise in the afternoon and usually die away at sunset. In the winter the
northeasterly gregali winds sweep over the Ionians with forces to 8 points on the Beaufort scale.

www.vladi.de

Greece - Europe
Oxia Island

www.vladi.de

Greece - Europe
Oxia Island
Location:
Oxia is one of the Ionian Islands, an archipelago which comprises
Antipaxi, Corfu, Cythira, Antikythera, Lefkada, Ithaki, Keffalonia, Paxi
und Zakynthos. The Ionian Islands are scattered along Greece’s west
coast from the Albanian border to the Peloponnese. These islands are
highly frequented tourist destinations owing to the mild Mediterranean
climate, stunning landscapes and cultural background. The nearest large
Ionian Island is Ithaki - 38 km (24 miles) by water, where Homer’s
Odysseus was king.
Oxia may be reached by flights to nearby airports and a subsequent boat
trip, although a helicopter landing pad should be arranged for future
needs. The most convenient airports are Keffalonia on Keffalonia Island
and the Patras/Araxos airport (near Patras on the Peloponnese). As to
time and distance Araxos may be superior, but it is served by charter
flights only, whereas Keffalonia airport is serviced by local Greek airlines
at least twice a day.

Oxia Island
Oxia Island
www.vladi.de
For daily supply, the nearest town to Oxia is Etolikon (population of 7200), only a short
haul – 2 km (1.3 miles) - by boat and then 21 km (12.7 miles) by car). For more
sophistication, Patras is the third largest town (population 171,616) in Greece. Here you
will find all facilities including hospital. The distance by boat is 56 km (35 miles).

Oxia lies close by the mouth and delta of the Acheloos river – 2 km (1.2 miles). The
Acheloos, which springs in central Pinos, is the second largest Greek river with a length
of 220 km.

Greece - Europe
Oxia Island

Development
The southeast sector lends itself for development for four practical reasons:

• The slope of the ground is less (lower building costs)
• The vegetation is more luxuriant
• Buildings directed to the East or West in Greece realize higher proceeds

The island features a high accessibility. On of the natural harbours in the West, East and North could be integrated into
the ferry transport grid and the development of another harbour as a yacht marina would be strongly recommended.

The mountains in the North of the island would be of use for sport activities such like hiking, climbing or mountainbiking.
Hiking trails would be of benefit. Beaches could be established at the large bays or at some of the several small coves.
Sand can be provided from the sand bars in the vicinity. The execution should make no trouble, as it is a common proce-
dure in Greek, where natural beaches are quite rare.

www.vladi.de
Water supply could be provided by the Acheloos river, a water conduit could be run from the river to the island. Addi-
tionally, there is a small fountain on the island. Nevertheless, any „modern“ island schould be facilitated with blackwater
treatment systems and a freshwater desalinisation plant coupled to the electrical generating unit.


Greece - Europe

Oxia Island
Additional Information

Taxes and Legal Incentives
Up to 35-50% of the development costs may be subsidized, depending on various factors like type and size of the de-
velopment, location. Ecologically-oriented developments receive extra grants. A new law is under consideration which would
additionally benefit foreign investment. As the legal framework is complex, a specialised consultant should be retained.

The sale of real estate is subject to a real estate acquisition tax between 9 and 11%, but this factor is mitigated by a tax
assessment generally is 30-50% below real market value. Buying a Greek island should be accomplished via a Greek
corporation (Euro 60,000 minimum capital requirement).

Outlook
Greece (and especially her islands) ranks top in the list of tourist destinations in Europe due to various factors like qua-lity of
water and beaches and, with the Mediterranean climate, the season is year round. The tourist industry relies on a great stock
of multilingual, well-trained staff. The expected number of tourists for 2006 is pegged at 13 million.


Greece - Europe
Oxia Island
Facts & Figures

Coordinates: 38°18’05.38” N 21°06’34.22” E
Size: about 500 hectares (1236 acres) or 2 sq. miles (5 sq. km)
Elevations: up to 421 meters (1380 ft) in the north/156 meters (512 ft) in the south
Length: 5.9 km (3.6 miles)
Width: varying between 0.7 km (0.4 miles) in the South and 1.5 km (0.9 miles) in the North
Nearest Hospital: Patras 34.5 miles/56 km (sea way)

Distances
I. International
Oxia - New York about 4290 miles (6864 km)
Oxia – Berlin about 1043 miles (1680 km)

II. Local Airports
Oxia - Patras circa 21 miles/33 km (incl. 16 miles/25 km sea way)
Oxia – Kefallonia approx. 38 miles (62 km) incl. sea way to Sàmi port
Oxia - Zakynthos about 39 miles (62 km) incl. 1.5 miles (2.4km) sea way

III. Towns
Oxia - Etolikon (Peloponnese) approx. 14 miles/23 km (incl. 2 km/1.3 miles sea way)
Oxia – Sàmi (Kefallonia) about 26 miles/42 km (sea way)
Oxia – Patras circa 34.5 miles/56 km (sea way)

Any description or information given should not be relied on as a statement or representation of fact or
that the property or its services are in good condition.

www.vladi.de
All statements contained in these particulars in relation to the property are made without responsibility
on the party of the Joint Selling Agents or its clients. Neither Vladi Private Islands (nor its joint agents)
nor any of their employees has any authority to make or give any representation or warranty
whatsoever in relation to the property.


Oxia island

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Oxia island