Hotel For Sale at Fira Caldera Santorini, 7 Luxury Suites

Historical Neoclassical Mansion in the Heart of Santorini’s Caldera

Discover the allure of this historical neoclassical mansion, perched atop the renowned Caldera, centrally located in Thira, Santorini’s capital. Tucked away from the tourist crowds, this enchanting residence sits 300 meters above sea level, providing unparalleled views of the sea, town, and the mesmerizing sunset against the backdrop of the volcano.

Constructed in the early 1800s, this mansion stands as one of Santorini’s oldest and most historic houses, having undergone meticulous restoration. A testament to the island’s maritime legacy, these grand residences were known as “Kapetanospita” or Captain’s Houses, reflecting the opulence that only ship owners could afford.

Spanning three levels, the property comprises six distinct and private suites, each equipped with kitchenettes. A 150 sq.m roof terrace with a pool and an additional upper roof terrace with a Jacuzzi offer idyllic spaces for relaxation and enjoyment.

Sitting on 450 sq.m of land, the total built area encompasses 520 sq.m, housing six fully independent self-contained apartments:

1. Executive Double Room – sleeps 2
2. Superior Double Room – sleeps 2
3. Junior Suite – sleeps 2
4. Suite – sleeps 4
5. Honeymoon Suite – sleeps 2
6. Family Suite – sleeps 4
7. Master Suite with outdoor hot tub – sleeps 2

While the property requires some renovation, two potential options beckon:

1. Restore it to its Original Magnificence: Originally a family mansion, this property holds the potential to revert to its original splendor, mirroring the adjacent 200 sq.m property, also for sale at 10,000,000.
2. Renovate and Sell Individually: Fully renovate the apartments and offer each unit for sale separately, unlocking the potential for personalized luxury living.
3. The hotel has a tentant the last 12 years, it is a very old rental contract that expires soon.
   However that means that we can’t have access to financials, as the tenant will never share these.
   The price includes an amount to be paid to the tenant to leave earlier.
   If  you buy it from now, and wait to manage it till the lease ends (in 2 years) then the price can be better, lower and at the same time you can get the rental of these 2 remaining years around 140.000 euros.

This neoclassical gem promises a unique opportunity to own a piece of Santorini’s history, blending the charm of the past with the comforts of modern living. Contact us for further details and to explore the potential of this remarkable property.