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Property for sale Santorini Oia

Oia, Ia Santorini
Zu verkaufen 1,300,000€ - Luxusvillen in Griechenland, Villen zum Verkauf in Griechenland
GREX9142739 105 sqm 3 Schlafzimmer 3 Badezimmer

Property for sale Santorini Oia

 

Overview

Set in the heart of Oia, one of Santorini’s most iconic locations, this complex of two traditional residences enjoys unobstructed views over the caldera, the volcano and the deep blue of the Aegean. The property lies a short distance from the Castle of Oia, internationally renowned for its unique sunset.

The Residence

The complex comprises two distinct cave houses, totalling 105 sqm on a plot of 80 sqm, arranged over two levels at ground floor. Built in 1950 and fully renovated in 2024, the property retains its authentic Cycladic character while offering contemporary comfort.

  • First residence: 65 sqm, comprising two bedrooms, a living room, two bathrooms and a small kitchen suited to light meal preparation
  • Comfortably accommodates up to four guests, ideal for families or two couples
  • Private outdoor jacuzzi, a courtyard-atrium with panoramic views, and a shaded seating area for relaxation
  • Second residence: 40 sqm, comprising one bedroom in a wooden loft, a living room, a bathroom and a small kitchen for limited cooking
  • Suitable for up to two guests, whether a couple or friends
  • Furnished throughout, with wooden window frames, air conditioning and autonomous electric heating
  • Three bathrooms and one kitchen in total across the complex

Location & Lifestyle

Positioned directly above the caldera in Oia, the property offers unimpeded views towards the volcano and the Aegean Sea. Its proximity to the Castle of Oia places residents and guests within easy reach of the destination’s celebrated sunset, while the pedestrian access and residential zoning preserve the tranquil, authentic character of the setting.

Investment Potential

This is a property of distinct character, combining timeless Cycladic architecture with a privileged caldera position. The private outdoor spaces, including the jacuzzi, and the immediate access to one of the world’s most recognisable sunset destinations, support strong appeal for both private use and short-term rental exploitation. The property is also suitable for commercial use, offered at a guide price of €1,300,000 (€12,381 per sqm).

Greek Exclusive Properties offers private in-person viewings, as well as floor plans or a video call for prospective buyers unable to visit in person.

Frequently Asked Questions

Can foreign nationals buy property in Greece?
Yes. Both EU and non-EU nationals can purchase property in Greece with full ownership rights. Non-EU buyers require a purchase permit in designated border zones such as Santorini, Rhodes and parts of the Dodecanese and northern Greece, issued by the local authority. Greek Exclusive Properties handles the due diligence and coordinates every step for international buyers.
Does this property qualify for the Greek Golden Visa?
At an asking price of €1,300,000, this property exceeds the €800,000 threshold that applies even in Greece’s highest-demand areas under the current Golden Visa framework (Law 5100/2024), so it qualifies for the programme. The Greek Golden Visa grants non-EU buyers and their families renewable Schengen residency through a qualifying real estate investment. Greek Exclusive Properties provides full guidance on eligibility, legal structuring and the application process.
How are viewings of this property arranged?
Greek Exclusive Properties arranges private, in-person viewings only. Where an in-person visit is not immediately possible, we can provide floor plans or a live video call. Viewings are scheduled directly with our team for qualified buyers.
What is the buying process for foreign buyers in Greece?
The process typically involves obtaining a Greek tax number (AFM), legal due diligence on title and permits, agreeing terms, and completing through a notarial deed. Greek Exclusive Properties coordinates viewings, the legal and advisory teams, and the full transaction from shortlist to closing.
Can this property generate rental income?
Homes in established Greek island and coastal destinations can perform well in the short-term rental market, particularly properties with sea views, a pool and strong outdoor living. Actual returns depend on location, seasonality and positioning. Greek Exclusive Properties can advise on the realistic rental outlook for this property.
What’s the Difference Between Greek Real Estate Agents and US Agents?
Greek agents typically represent the seller, and commission is usually paid by the buyer — the opposite of common US practice. Greece does not have a nationwide MLS equivalent, so inventory is fragmented across multiple agencies and private listings. Greek Exclusive Properties operates on full transparency regarding representation and fees, and maintains its own exclusive off-market inventory.
Property for sale Santorini Oia
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Property for sale Santorini Oia
Property for sale Santorini Oia
Property for sale Santorini Oia
Property for sale Santorini Oia
Property for sale Santorini Oia
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Agent Kostas Taralas

Kostas Taralas Owner of Greek Exclusive Properties

Kostas Taralas ist der Eigentümer und Gründer von Greek Exclusive Properties, Spezialist für Luxusimmobilien und…
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Kostas Taralas Owner of Greek Exclusive Properties

Kostas Taralas