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House 1100 м² in Mykonos, Greece

ID 4OW5u
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Area
1100 m²
Bedrooms
10
Bathrooms
11

Description

10-room luxury house for sale in Kanalia, Mykonos, Nomos Cycladon, South Aegean Islands

Location The luxury villa is located in the cosmopolitan neighborhood of Kanalia on the island of Mykonos. This privileged location offers the opportunity to combine tranquility and panoramic views of the Aegean Sea with easy access to the town of Mykonos in just a few minutes walk. Residence Due to the landscape of the plot, the 1.100 sqm villa consists of several levels. On the first level (ground floor) there is a separate area with a living and dining room, a lounge area with a bar, a kitchen and a bathroom. A corridor leads through a series of recreation areas to the main living rooms of the village. The spacious accommodation, furnished with elegant and traditional furniture, offers its inhabitants a quality stay. On the same level, in addition to the living and dining rooms, there is a professional kitchen, a bar and a guest house. The upper level consists mainly of the villa's bedrooms. On one side is the master bedroom with its own sitting area and bathroom, and on the other side is the children's bedroom. A staircase leads to the attic, which is mainly occupied by another master bedroom. On the other side of the upper floor is a bedroom with sitting area, study, round bed, stunning fireplace and bathroom. On the lower level there are three guest rooms, each with its own sitting area and bathroom, as well as a staff apartment. On an even lower level is a self-contained apartment consisting of two bedrooms, a comfortable study and bathroom.

Characteristics

Property type
Residential Properties
Object type
House
Price
7 289 097 $

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 (7 289 097 $) 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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House with 10 bedrooms in Mykonos, Greece