Plot at Caldera Ideal For Construction Santorini

Plot at Caldera Ideal For Construction Santorini
Fira 847 00, Greece
SOLD 780,000€ - Hotels For Sale Greece, Land For Sale Greece, Villas for Sale Greece
CAVEHOUSE13 350 m2

Plot at Caldera Ideal For Construction Santorini

Opportunity!! CAVE Houses for Development Santorini

This is a very unique opportunity for those who are looking for an old cave to renovate/redevelop.

The majority of the investors in Santorini, are looking for old caves, in order to renovate them and turn them into luxury caves, or cave hotel that will offer them a great income.

All the caves and the cave hotels in caldera, that have been renovated, turned into traditional and luxury cave suites are rented for couple of hundreds of euro per night and can reach couple thousands of euro per night!

however these caves are very rare to find as there is a big demand for properties like that.

We are proud to offer you this big opportunity, to buy these old caves, in a very privileged location, at the center of Santorini, at Fira (capital)


PLOT with CAVE  house ruins

The plot is 350 sq.m.

the caves are ruins and It has to be developed from the start.

There is a building permit that it was issued in 1998, that allows to build 500 sq.m. The developer project plans, it is for building 7 cave suites. This construction license has expired but it can be issued again.

It can build 7 cave suites and left 160 sq.m of yard with caldera and volcano view.

The original sale price was 1.2 million.

NEW Sale Price: 780.000 euro



The property can be combined with the purchase of the old cave houses underneath:

***Property No1: CAVE Suite no1 (marked with green color at the map spot below)

The plot is total 125 sq.m. the old cave is 55 sq.m and it’s yard with view at the caldera is 70 sq.m

The new buyer has to make landscaping at the yard (to raise it), in order to have direct volcano and caldera view.

SALE PRICE: 310.000 euro


*** Property No3: CAVE suite No3 (it is not marked, it is in the red marked area next to the green area)

Cave of 75 sq.m. It is ready to be renovated. It has no yard.

SALE Price: 320.000 euro



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Agent Kostas Taralas

Kostas Taralas Owner of Greek Exclusive Properties

Kostas Taralas  is the owner and founder of  Greek Exclusive Properties,  Luxury Homes & Villas in Greece  Specialist.
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Kostas Taralas Owner of Greek Exclusive Properties

Kostas Taralas