Santorini Caldera property to renovate

Santorini Cliffside Retreat with Stunning Views – Ideal Renovation Opportunity!

Discover the allure of Santorini with this captivating old house nestled in one of the island’s most picturesque settings. Perched high atop a cliff, it offers unrivaled vistas of the Caldera, the volcano, and both the eastern and western tips of Santorini. This property presents an extraordinary chance to transform it into an exquisite and prestigious residence in Santorini’s most coveted locale.

Situated on a generous 365m² plot, the property encompasses 125.57m² on the ground floor and 23.89m² on the first floor, providing a total living space of 150m².

This exceptional property, boasting a 19-meter road frontage along a hill with a 30% incline overlooking the world-renowned Caldera, awaits a complete restoration.

The house’s unique cliffside position, framed by the rugged scree of the natural landscape, delivers breathtaking views that exceed all expectations.

Furthermore, this prestigious residence offers the possibility of adding a stunning swimming pool, making it an ideal family home or an exquisite villa rental perched on the hillsides of the renowned Santorini Island.

the renovation cost including the swimming pools construction is maximum 400.000 Euros, and one can also apply for an EOT license.

After the renovation, this very promising residence will definitely become an enchanting resort, a sensational experience for anyone to see from afar the colors of caldera, the sea, and the town of Fira unfolding towards the mountain.

Don’t miss this extraordinary opportunity to own a piece of Santorini’s enchanting charm!

VIDEO: Caldera of Santorini Greece

NEWS

Santorini Voted Best Island in Europe at Leisure Lifestyle Awards 2024

Two Santorini Airbnb Properties Most Popular in the World

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.

+30 6975 629519 (English -Greek)

Santorini Caldera property to renovate

For Sale 1,500,000€ - Semi-finished Buildings, Villas for Sale Greece