TOP INVESTMENT 2 CAVE HOUSES OIA SANTORINI

Ammoudi, Ia 847 02, Greece

SOLD 1,250,000€ - Villas for Sale Greece

SANTOAMOU01 170 m2 3 Bedrooms 3 Bathrooms

Houses on Sale at Caldera CAVE HOUSES OIA SANTORINI

Property of 2 Cave houses total 170 sq. m located on the west side of Oia on the Caldera with direct sunset view.

This area is of the most famous of the island, as it is at the location that thousands of tourists gathering on Summer every afternoon during the sunset to take a photo of the most famous sunsets in the world.

The one cave used to be the seller’s house, with balcony at caldera and beautiful sea view and jacuzzi for 4 to 6 people. 2 Bedrooms, bathroom, kitchen and excellent architecture.

The other cave house is above , finished last year on May, NEW CONSTRUCTION, in the highest construction methods, with amazing internal pool with window at the caldera! 2 Bedrooms, bathrooms and amazing decoration! There is no other property like this in the island!

These 2 villas are No1 investment

The rental of each villa ranges from 1050-1.850 euro per night. This means that for a period of 6 months both houses can generate a income of 2.000-3.000 euro per day. The Return of investment is close to 20-25%+!

A table of Income for 2016 follows:

April:6.500 euro (Occupancy 35%)

May: 35.000 euro (Occupancy 71%)
June: 45.000 euro (Occupancy 75%)
July:65.000 euro (Occupancy 87%)
August: 65.000 euro (Occupancy 82%)
September:50.000 euro (Occupancy 72%)
October:30.000 euro (Occupancy 75%)

Total Income: 290.000 euro

The rental price of the villa with the pool in High Season is 1.850 euro per night
while the 2nd villa with the Jacuzzi is 1.350 euro per night!!

TOP INVESTMENT CHOICE!

The owner is constructor and owns the hotel that is awarded among the best in Europe.

HOUSE 1 :

HOUSE 2:

LUXURY CAVE VILLA AT OIA SANTORINI FOR SALE

ABOUT OIA

Perched high on the volcanic island of Santorini, in the midst of the most famous traditional village Oia (Ia) stands the legendary Castle of Oia. Once used as a fortress, it is now the most popular spot for romance and lovers.The passion for this magical place lures them to the breathtaking view with the world’s most famous sunset.

VIDEO: Caldera of Santorini Greece

NEWS

Santorini Voted Best Island in Europe at Leisure Lifestyle Awards 2024

Two Santorini Airbnb Properties Most Popular in the World

Telegraph: The Greek Government to Ban the Construction of New Hotels in Santorini Authorities plan to suspend all building permits in the caldera zone of Santorini, where hordes of tourists gather to pose for sunset photos. Santorini, home to 25,000 residents, is overwhelmed by 3.4 million tourists each year, a situation contributing to environmental degradation and water shortages. The issue of overtourism came to the forefront last month when a tour guide shared images of throngs of tourists disembarking in Santorini, packed shoulder to shoulder along narrow streets between the whitewashed houses. The growing number of visitors to Santorini is part of a larger trend throughout Greece, with projections for 2024 expected to surpass last year’s record of 33 million arrivals. The ban on new buildings along the caldera also responds to calls from the mayor of Santorini for action.

Property Purchase in Santorini – Special exception for NON EU Citizens  Santorini– Special exception for NON EU Citizens : Santorini is at the same status as the Greek borders. For this reason, there is one additional requirement only for non-European citizens.  The potential non European investor must first get a permit from the authorities, that he/she is allowed to purchase a property in Santorini.  This permission is given only for a specific property, it is not a general one. Your lawyer will submit the necessary documents to the authorities requesting permission (CV, permanent residence, occupation etc) along with the property documents.  This process takes from 1-3 months. Then you can proceed in purchase.

Property Purchase in Santorini – Special exception for NON EU Citizens  Santorini – Special exception for NON EU Citizens : Santorini is at the same status as the Greek borders. For this reason, there is one additional requirement only for non-European citizens.  The potential non European investor must first get a permit from the authorities, that he/she is allowed to purchase a property in Santorini.  This permission is given only for a specific property, it is not a general one. Your lawyer will submit the necessary documents to the authorities requesting permission (CV, permanent residence, occupation etc) along with the property documents.  This process takes from 1-3 months. Then you can proceed in purchase.