Luxury detached 5 bedroom house for sale in Mykonos, Greece
Luxury villa in Megali Ammos in Mykonos for 3.450.000€ (Listing No 2366). Ideally located in one of the most sought after residential areas of Mykonos overlooking Mykonos Town (Chora). This 270m2 5-bedroom villa is located in Megali Ammos and offers luxury accommodation for up to ten people in five separate bedrooms. The villa is listed as one of the top 20 best villas in the Greek Islands by Conde' Nast Traveller and is located within walking distance of the main town of Mykonos and the nearby sandy beach. The villa is built on a hillside overlooking the Aegean Sea on a 2000 m2 plot of land, beautifully landscaped and surrounded by one of the most beautiful gardens in Mykonos with olive trees, a variety of bougainvillea, gardenias, palm trees and a cactus garden. The view to the north overlooks the town of Mykonos and its picturesque windmills. The villa is built on two levels and boasts exemplary finishes that will satisfy the most discerning buyer, offering bright and spacious rooms consisting of a welcoming reception room with fireplace and dining room. Outdoors there is a huge swimming pool and a deck with elegant rattan furniture and barbecue, surrounded by bougainvillea, vines and cacti. The house has a total of four outdoor areas: a balcony, a terrace with kitchen, a salon and a barbecue area. The salon, located above the cactus garden, is perfect for dining or a relaxing massage.The main building of the villa has a separate apartment on the first floor and two p
Characteristics
Property type
Residential Properties
Object type
House
Price
3 868 828 $
FAQ
How can I get a residence permit by buying property in Greece?
In Greece a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Mykonos; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Is a mortgage available for non-residents in Greece?
Banks in Greece finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
What taxes and fees apply when buying in Greece?
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
How is the title checked in Greece?
A title search at the land registry of Greece takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Can I rent out property after purchase in Greece?
Yes. Rental income tax is 5–25% depending on the regime. In Mykonos short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (3 868 828 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Greece?
A typical transaction runs 30–90 days, averaging 45 in Mykonos: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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