Small Hotel for Sale Paros Island

Paros, Greece

SOLD 420,000€ - Hotels For Sale Greece, Villas for Sale Greece

PAROSHOTEL43 142 m2 7 Bedrooms 7 Bathrooms

Hotel for Sale Paros

This small hotel is located in the beautiful area of Livadia in Paroikia steps away from the beach and local dining and restaurants

In a perfect area for going for a bike ride or enjoying the sailing club in addition being a 5 minutes walk to the town center.

The hotel sits on 300 sq.m of land and the building is 142 sq.m consisting of 5 studios all containing air conditioning, refrigerators, T.V. and kitchenette.

2 of the studios are apartments with 2 separate bedrooms which sleep 4-5 persons and have a separate kitchen & dining area.

The remaining studios sleep 2-3 persons.

RENTAL price per room 25 euro/night

Bedrooms:7

Size:142 m²

Property Map

Agent Kostas Taralas

Kostas Taralas Owner of Greek Exclusive Properties

Office : 002310937592
Mobile : 00306975629519
WhatsApp : 00306975629519

Kostas Taralas is the owner and founder of Greek Exclusive Properties, Luxury Homes & Villas in Greece Specialist.
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Property Purchase in Greece | The Basic Steps

Buying a property in Greece is easy. Everyone can buy a property in Greece despite the origin country or nationality.

The purchase process is the same for everyone. After finding the property you want to purchase, your Greek lawyer will assist you in the following basic steps: 

1. Issue a Greek Tax Number ( one day process) 

2. Open a Greek Bank Account 

Then your Greek lawyer will draft the purchase contract along with the seller’s lawyer and will execute a Legal due diligence. Your lawyer will go to the local land registry where all the title deeds of the area are kept on file. Here is where your lawyer will confirm if the property truthfully belongs to the seller and is free of any obligations such as loans, repossessions etc

Technical due diligence
While the legal due diligence is the buyer’s responsibility, the technical due diligence is at the seller’s expense. The seller must provide to your lawyer copies of all updated topographic diagrams and architectural plans of the property. Thankfully the law prohibits properties with illegal building works to be sold and it is the seller’s responsibility to make sure that his property’s illegal additions, if any, have been settled at the local tax office. Otherwise the Notary will not approve the sale.

 Last step, visit to notary’s office and sign the purchase contract and pay to the seller the total purchase amount.

SANTORINI – Special exception for NON EU Citizens 

Santorini is at the same status as the Greek boarders. 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 the chosen property in Santorini. 

This permission is given only for specific property, it is not a general one. Your lawyer will submit the necessary documents to the authorities requesting the permission (CV, permanent residence, occupation etc along with the property documents). 

This process takes from 1-3 months. Then the process continues as above.

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