SOLD 1,300,000€ - Luxury Villas Greece, Villas for Sale Greece
2 Luxury Cave Houses at Caldera Santorini, Caves in Ia Santorini
Luxury Cave Houses at Caldera Santorini, Cave in Ia Santorini, Santorini Real Estate, Properties Santorini Greece, Cave Houses for Sale Oia
Price not negotiable
2 Caldera Cave Houses of 85 sq.m in total, with 2 bedrooms, 2 bathrooms, in total, in a plot of 60 sq.m. These renovated Caldera Houses with 2 cave suites are located right on the cliff, in the heart of ΟΙΑ with outstanding view to the Caldera.
These luxury villas sit in a quiet and exclusive Caldera setting in the heart of vibrant Oia village and from their terraces they offer tranquillity and uninterrupted views of the Caldera, its volcanic islets and the Aegean.
These traditional Santorini cave houses have been refurbished by their owner and were designed to create contemporary interiors combining chic elegance with timeless Mediterranean style. The ultra-sleek design reflects the architect’s attention to quality including spacious lounges with sober furnishings, beautifully designed en suite bedrooms and kitchenettes with fabulous ocean views.
Their private terraces have uninterrupted Caldera views and perfectly complete the layout of these rarefied retreats.
The two properties are adjacent self-contained luxury villas with all the facilities.
A very thorough and substantial refurbishment was made to the villas. The total cost of this was approximately 130,000 EUR.
Each Cave House generates a Daily Income of 400 – 500 euro.
Santorini has the longest Summer Season. You must estimate 220 operational days with a 70% of Room Occupancy.
Both Houses generate a Seasonal Income of 100.000€- 130.000€ the last 4 years
Below their Financials:
The increase in number of nights rented during the last two seasons is due to the fact that:
* The villas now accept a minimum of two nights instead of five nights previously
*Since 2018 villas management kept the low rates even though they lowered the minimum stay to two nights
You can buy one of the cave suites. See the advertisement here