What real estate property in Greece is being auctioned by Sotheby's?

The villa named Silk Shadow, located in the Saint Lazarus area on the island of Mykonos, is preparing for an auction that will take place next month with Sotheby’s Concierge Auctions in partnership with Greece Sotheby’s International Realty. The application process for this luxurious eight-bedroom residence will begin on May 22 and end on May 30, with a live auction at the Sotheby’s auction house in London. The starting price for this meticulously designed property will be from2.5 to 3.5 million eurosThe auction will take place as part of the special series "The Luxury Sales" by Sotheby’s, featuring exceptional real estate from cities like Hong Kong, London, Paris, and New York. This event is aimed at the most discerning clients and keeps up with the trend of cross-collecting, where collectors hunt for unique items from various categories – the auction includes watches, jewelry, handbags, real estate, movie posters, wines, and premium spirits.

This auction will be the first live sale of luxury real estate by Sotheby’s in Europe since the company was founded in 1744, setting new standards for the real estate market. Chad Roffers, CEO and co-founder of Sotheby’s Concierge Auctions, described the Silk Shadow villa as "a beautiful place on sunny Mykonos, perfectly fitting into the vibrant atmosphere of the island." "This stunning property can be a source of income for its owner and their guests, showcasing our ability to provide only the most unique options to the most discerning buyers," he added.

Savvas Savvaidis, President and CEO of Greece Sotheby’s International Realty, also shared his impressions: "We are pleased to announce a significant event for the Greek luxury real estate market — the Silk Shadow villa, a beautiful property in Mykonos, will be auctioned at Sotheby’s in London. This is the first time that a residential luxury property from Greece is participating in a live auction in Europe. The building itself can be considered a true gem of Saint Lazarus beach, offering discerning buyers the opportunity to acquire not just a home, but an entry into a world filled with luxury and exclusivity."

Silk Shadow is not just a house, but a whole concept of living.

Located in the most prestigious and refined part of the island, the Silk Shadow villa represents a unique investment opportunity that can provide stable income and an unparalleled living experience. On the southwestern coast of Mykonos, where luxurious hotels and resorts are situated, the Saint Lazarus area stands out for its strategically convenient position among the island's most popular beaches, such as Platis Gialos, Paraga, Psarou, and Ornos. Just three kilometers from the city center and Mykonos airport, Saint Lazarus is the perfect combination for those seeking a luxurious coastal retreat.