Hotel for Sale Finikia Oia Santorini -12 Suites + land 200 sqm to add 4 more suites

Small Hotel for Sale Finikia Oia Santorini, Hotel Sales Santorini Greece, Santorini Real Estate, Buy Property in Santorini Island

SANTORINI Finikia, building 550 sq.m in excellent condition, complex with 12 suites with 10 Jacuzzis, courtyard and view Sunset.

Housed in a group of splendid captain houses of the mid 19th century, located at the highest point of the traditional village of Finikia.

The architects and owners of the property renovated it with love and transformed the properties into a spacious and modern, though with respect to the original traditional form, complex of summer houses.

Today, the villas offer their hospitality in individual fully furnished self-catering apartments of various size and aesthetics.

They offer a sense of 19th century history, combined and harmonized with modern amenities, located in the heart of the most picturesque and virgin from the tourist development village of the island.

Just a stone’s throw from the magnificent Oia and away from the crowds and noise. During the reconstruction there have been used methods following the bioclimatic sustainable vernacular architecture and materials which are eco-friendly with low embodied energy.

All houses have wonderful views over the village, the famous sunset of the island and the Aegean Sea with the closeby Ios, Sikinos and Folegandros islands on the horizon.

+ land plot of 200 sqm with ability to add 4 more suites

Each Suite is offered for rent for 300-400 euro per night. You must estimate 220 operational days in Santorini. It has the longest season of all islands.

The profits are very good from rentals. Excellent Investment!

Operational Income per year: 400-500.000€ | Expenses 100.000€

Occupancy Rate: 88,7% | Operation Income: 446.000 €

Small Hotel for Sale Finikia Oia Santorini, Hotel Sales Santorini Greece, Santorini Real Estate, Buy Property in Santorini Island

VIDEO: Caldera of Santorini Greece

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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.