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Hotel 1000 м² in Santorini, Greece

4 281 934 $

4 281 $ /м²

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Area

1000 м2

Bedrooms

4

432829 - Hotel For Sale, Santorini, 1.000 sqm, €3.700.000

Santorini, Kamari, a luxury 4* star hotel of 1,000 sqm built in 2019 with a 490 sqm expansion of the hotel block in 2022. The hotel is spread over 3 levels and consists of 21 architecturally exceptional suites with Jacuzzi, air-conditioning (4x60 - 4x52 - 4x45 sqm), and a 60 sqm reception area, 6 staff rooms, plus underground ancillary facilities. At the same time, the hotel block has independent oil heating, loft, storage and open parking spaces. This is a unique investment opportunity in one of the most popular tourist destinations in the Cyclades. The property is located in close proximity to the beach of Kamari at a distance of 150 meters, while the center is only 10 minutes away. HOMER REAL ESTATE S: www.homerestate.gr Τ: 2169008624-5, E: info@homerestate.gr, M:+30 6944864592 WhatsApp, WeChat (ID: HomerEstateGR2), Mary Anagnostiadi (Property Code: 432829) This property description is based on information provided by or on behalf of the owner. These property particulars are made in good faith and do not form part of any contract HOMER accepts no responsibility for the accuracy of the information contained herein.

Additional details

Property type

Commercial

Object type

Hotel

Price

4 281 934 $

FAQ

In Greece a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Santorini; 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 Santorini 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 (4 281 934 $) 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 Santorini: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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