For Sale 1,200,000€ - Beach Bar Restaurant or Business
High End Commercial Space in Caldera Santorini Oia
This commercial space is at the most excellent location of the walkaway in Oia, just where all the people gathering to take a photo of the view of Caldera.
The space is suitable for a brand of clothes, or other kind of products.
There is also the possibility to turn into a restaurant.
Please note, that the new restaurant licenses are forbidden in Caldera.
So you will have to buy a an existing license. This costs 500.000 euro extra.
The commercial space is for sale at 1,2 million euro.
PLEASE NOTE you are not buying the property. You are buying the permission to use the space. The so called “aeras” in the Greek Property Market.
So in order to turn it into a restaurant you will need 1,7 million.
Please note that for a new rental contract of 8 years, the property owner may ask also some part of money.
Currently the rent is 12.000 euro per month.