4 Houses Finikia Oia Santorini, Small Hotel for Sale

Finikia, Santorini Greece

For Sale 700,000€ - Hotels For Sale Greece, Villas for Sale Greece

GREX77796 225 m2 4 Bedrooms 4 Bathrooms

4 Houses Finikia Oia Santorini, Small Hotel for Sale (part of a bigger hotel)

Small Hotel for Sale Finikia Oia Santorini, Hotel Sales Santorini Greece, Santorini Real Estate, Buy Property in Santorini Island

SANTORINI Finikia, this hotel is for sale. Building 225 sq.m in excellent condition with 4 suites, 3 jacuzzi large courtyard and sunset view.

Housed in a group of splendid captain houses of the mid 19th century, located at the highest point of the traditional village of Finikia.

The architects and owners of the property renovated it with love and transformed the properties into a spacious and modern, though with respect to the original traditional form, complex of summer houses.

Today, the villas offer their hospitality in individual fully furnished self-catering apartments of various size and aesthetics.

They offer a sense of 19th century history, combined and harmonized with modern amenities, located in the heart of the most picturesque and virgin tourist development village on the island.

Just a stone’s throw from the magnificent Oia and away from the crowds and noise. During the reconstruction there have been used methods following the bioclimatic sustainable vernacular architecture and materials which are eco-friendly with low embodied energy.

All houses have wonderful views over the village, the famous sunset of the island and the Aegean Sea with the close by Ios, Sikinos and Folegandros islands on the horizon.

2023 Financials: 150.000€ mixed income – 50.000€ expenses ( it has management office) = 100.000€ before taxes.

92% Occupancy Rate

3 staff members

The 4 Suites are part of a bigger complex that is also for sale as a whole of 11 suites. You can see it here

Each Suite is offered for rent for 300-400 euro per night. You must estimate 220 operational days in Santorini. It has the longest season of all islands.

The profits are very good from rentals. Excellent Investment!

Small Hotel for Sale Finikia Oia Santorini, Hotel Sales Santorini Greece, Santorini Real Estate, Buy Property in Santorini Island

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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 around 1 month. 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.