Hotel 300 м² in Paros, Greece

1 525 549 $

5 085 $ /м²

4OWDB

Hotel 300m² in Greece, Paros. Priced at 1280000€ rent photo-

Area

300 м²

Bedrooms

Luxury hotel with 14 rooms in Paros, South Aegean Islands

Located in the village of Parikia, in a quiet and green residential area, this guest house is an oasis with all amenities just a short walk away. The 714m² plot of land features a traditional Cycladic style building consisting on the first floor of a reception area, 2 spacious double bedrooms and two triple rooms. Each is equipped with kitchenette, air conditioning and balcony with lovely views. On the second floor, up an external staircase, are the apartments - a family room consisting of two bedrooms and a kitchenette, a spacious double bedroom with a kitchenette and a 55 m² apartment consisting of a large living room with kitchenette, a bathroom with toilet and a very large bedroom. All apartments have balconies and air conditioning. An external staircase leads to the second floor with a roof terrace with magnificent views and sea views and a double bedroom. The garden is fenced and landscaped and has a lawn, thanks to a well for watering the garden. To the rear is a laundry room and a storage building divided into two parts and used as offices, each with a shower room-toilet. This hotel still operates with an excellent reputation and a very good income.

Additional details

Property type

Commercial

Object type

Hotel

Price

1 525 549 $

FAQ

In Greece a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Paros; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

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.

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.

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.

Yes. Rental income tax is 5–25% depending on the regime. In Paros short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (1 525 549 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Paros: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).