Land Plot Caldera Santorini for Hotel , Investment in Caldera at Akrotiri Santorini

On a plot of 40.000 sq.m with unfinished buildings of 998 sqm at Akrotiri overlooking the Caldera and the Volcano .

There are ready 3d designs for construction of hotel unit of 52 Rooms

A great residency complex with stunning views to Caldera, offering several possibilities to be exploited. The location of the Complex is in the area of Ftelakia, only 9km from the airport and 1km from the settlement of Akrotiri. The size of the plot is a total of 9,8 acres and the building complex itself has a total surface of 998 sq.m.

It is composed of two separate buildings, 347 sq.m. each, consisting of 3 residencies respectively, and one cave building of 303 sq.m. that includes 5 studios.

The construction phase is over 50% of the building schedule.

It is intentionally not completed yet in order to give the new owner the flexibility to give his/her own personal aesthetics. This project can also be completed through subsidised investment tourism programs and the final look of the complex after its completion will be as shown on the perspective drawings.

Akrotiri Santorini:

Akrotiri is located next to the famous Red Beach.

It is ampitheatrically built at the southeastern side of the island.

Akrotiri was originally a Minoan settlement and today is one of the major tourist attractions and the most important archeological site of Santorini.

The prehistoric town was destroyed due to a massive volcanic eruption around 1600 BC.

Nowadays, the picturesque streets, the two-storey buildings, the lovely frescoes and plenty of tools witness the way of life in the prehistoric times. Today, the beautiful frescoes of the ancient city of Akrotiri can only be seen in the National Archaeological Museum of Athens. Some splendid houses are dotted around the village as well as a traditional windmill.

Many tour boats arrive in Akrotiri and tourists are scattered to the nearby beaches of the area. Another place of interest is the Venetian castle that dominates the settlement of Akrotiri. The town has lovely hotels and also many local taverns with a splendid view to the sea.

Akrotiri has plenty of churches to visit and one of the most beautiful is the church of Agios Nikolaos built right above the impressive reddish rocks, on the way to the Red Beach.

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.