For Sale 890,000€ 950,000€ - Villas for Sale Greece
Super Investment Opportunity in Oia Santorini. Cave House at Caldera
Investment Opportunity Cave House in Oia Santorini. Cave House at Caldera at the Top location of Santorini with amazing views. Ideal to Buy & Renovate
“Santorini Cliffside Retreat with Stunning Views – Ideal Renovation Opportunity!”
ΜΑΥΒΕ ΤΗΕ LAST ΑVAILABLE IN SUCH PRIVILEGED LOCATION
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.
It is known that people, families, and investors from around the world looking for a dream property in Caldera in Santorini, renovate it and turn it into a Luxury Cave Rental Villa and get a very good income from it.
It is known that these old houses at Caldera are like a treasure for most people and this is why it is very rare to find one available anymore, as most of them have been bought and already operating as luxury houses.
This property is a big opportunity because of its price, its location, and its potential.
The same size old houses at Oia have an asking price of 1.000.000 – 1.250.000 euros.
This house, of 80 sq.m in total size, with a yard looking at the sea and the sunset, built in the caldera and consisting of 2 bedrooms and 2 bathrooms is offered at an excellent price (today’s market in Caldera Santorini).
The house if renovated can be offered for Luxury Rent (either in AIRBNB, or BOOKING, or other ) for a daily rental price of 600-1.000 euros.
In Santorini, you have to estimate 220 days of operation per year, as the season is the longest among all Greek islands. Because of the weather, because of the type of tourism (not mainly for swimming but for the ambiance, the view, the caldera, the food, and more)
It is easy to understand that this property will have a great ROI (Return on Investment) for the new owner.
DESCRIPTION:
Located at the TOP location of Santorini, the famous OIA. More specifically, is located at the best location of Oia at Caldera above Ammoudi, where the famous castle is, where thousands of people gather nearby to get a picture of the voted No1 Sunset in the World.
It is at the lower levels of the Caldera, giving extra privacy that is very popular in Santorini Luxury Cave houses.
In total is a Villa of 80 sq.m with 2 bedrooms ( bedroom and TV room ) 2 bathrooms and a Living Room.
there is also an underground space ( without any view, that can be used as a cellar)
It has a magnificent 30 sq.m yard with amazing sea and sunset views.
House Size: 80 sqm
Rooms: 2
Bathrooms: 2
Living Room
Yard: 30 sqm
Investment Opportunity Cave House in Oia Santorini. Cave House at Caldera at the Top location of Santorini with amazing views. Ideal to Buy & Renovate
