Traditional Santorini Duplex for sale in Santorini, Emporio Village

Traditional Santorini Duplex for sale in Santorini, Emporio Village.

With Active Short-Term Rental Business — Emporio, Santorini

In the labyrinthine alleys of Emporio — one of Santorini’s most authentic and architecturally protected medieval villages — this fully renovated traditional duplex offers something increasingly rare on the island: a genuine income-producing asset with an established short-term rental presence, available for immediate acquisition without the cost, delay or uncertainty of setup. Two independent apartments, thoughtfully restored to honour the island’s vernacular character while meeting the expectations of the contemporary luxury traveller, present the discerning investor with a ready-made entry into Santorini’s formidably strong short-let market.

Property Overview

• Total area: 90 sq.m. across two independent apartments (25 sq.m. and 65 sq.m.)
• Levels: 2 (duplex configuration)
• Bathrooms: 2 (one per apartment)
• Construction year: 1960 | Fully renovated: 2023
• Distance to sea: 2.5 km
• Short-term rental status: Active — established Airbnb operation with proven performance
• Location: Emporio, Santorini, Cyclades

Interior Living Spaces

Both apartments have been comprehensively renovated in 2023 to a standard that respects the original Cycladic architecture while delivering the comfort and finish that today’s international guests demand. The restoration has preserved the characteristic features of traditional Santorinian construction — the organic lines, the cave-like depth of the walls, the sense of cool shelter from the Aegean sun — while introducing fully modern interiors, quality furnishings and integrated appliances throughout.

The larger apartment of 65 sq.m. provides a well-proportioned living environment with comfortable bedroom accommodation, a fully equipped kitchen and a bathroom — arranged with the kind of quiet elegance that photographs well and lives even better. The smaller unit of 25 sq.m. is efficiently designed for one or two guests, functioning as a self-contained retreat that adds meaningful flexibility to the rental model: the two units can be operated independently for maximum occupancy, or offered in combination for groups or families requiring a connected multi-room experience.

Both apartments are air-conditioned, fully furnished and equipped — meaning the property is, without qualification, ready for immediate guest arrivals from the date of transfer.

Outdoor Living

Each apartment enjoys access to a private terrace, offering the kind of intimate outdoor space that defines the Santorinian holiday experience — quiet morning coffee in the Cycladic light, evenings with a glass of Assyrtiko as the village settles into its unhurried pace. The property also benefits from access to a shared courtyard, providing an additional layer of outdoor amenity within the traditional architectural envelope of the building.

The surrounding village of Emporio is itself an outdoor experience — its medieval kastro, arched passageways, and whitewashed walls creating a living environment of extraordinary visual character. The quiet, residential nature of the neighbourhood ensures a sense of privacy and authenticity that the more tourist-saturated areas of the island can no longer offer.

Features & Amenities

• Two fully independent self-contained apartments
• Complete renovation in 2023 to contemporary standard
• Traditional Cycladic architectural character, sympathetically restored
• Fully furnished and equipped with appliances — ready to operate
• Private terraces for both apartments
• Access to a shared courtyard
• Air conditioning (heating and cooling) in both units
• Beautiful views and quiet village environment
• Active Airbnb listing with established guest reviews and booking history
• Proven short-term rental returns
• Walking distance to village amenities, dining and shops
• 2.5 km from the sea

Location Highlights

Emporio is Santorini’s largest medieval village and one of its most genuinely preserved — a fortified settlement of Venetian origin whose concentric stone lanes, archways and castle ruins have remained largely unchanged for centuries. It sits at the southern heart of the island, away from the saturation of Fira and Oia, yet entirely connected to everything that makes Santorini one of the world’s most visited island destinations.

The village offers its own daily infrastructure — a market, tavernas, cafés and essential services — within immediate walking distance of the property. The famous beaches of Perissa and Perivolos on the island’s southern coast are just a short drive away, while the volcanic black sand beaches of Kamari lie to the east. Santorini’s main port and the capital Fira are easily reachable by car, and Santorini National Airport is within comfortable distance — receiving direct flights from across Europe, the Middle East and beyond throughout the extended tourist season.

Emporio’s authenticity, residential character and proximity to the island’s best beaches make it a consistently popular choice among the type of traveller who returns to Santorini repeatedly — and who values local immersion as much as sunset views.

Investment Potential

The fundamental appeal of this property to the investment-minded buyer is its operational immediacy. There is no renovation to commission, no furnishing to source, no platform presence to build, no reviews to accumulate. The business exists, it performs, and it transfers with the property.

Santorini continues to command some of the highest short-term rental rates in Greece. Demand from international visitors — particularly from Western Europe, the United States and the Gulf — has shown consistent growth in both volume and average daily rate, and supply of quality accommodation in authentic village settings remains constrained by the island’s strict planning controls. Properties of genuine traditional character, fully renovated and centrally located, occupy the upper tier of the rental market and attract a repeat clientele with strong booking lead times.

The duplex configuration adds a further layer of commercial flexibility. Two independent apartments provide the operator with the ability to maximise occupancy across the full spectrum of group sizes — from solo travellers and couples to families and friend groups — while the option to offer the property as a combined rental unit opens the door to premium combined-rate bookings during peak season.

For non-EU buyers, Greece’s Golden Visa programme may be applicable depending on the total investment value and structure of the acquisition. Greek Exclusive Properties can provide full guidance on eligibility, legal process and residency pathway for international clients.

At its asking price, this Emporio duplex offers Santorini real estate exposure — with all the brand power, rental demand and appreciation trajectory that implies — at an accessible entry point, with income flowing from the first day of ownership.