Hotel 520 м² in Santorini, Greece

4 912 275 $

9 446 $ /м²

4OWQY

Hotel 520m² in Greece, Santorini. Priced at 4200000€ rent photo- #1

Hotel 520m² in Greece, Santorini. Priced at 4200000€ rent photo- #2

Hotel 520m² in Greece, Santorini. Priced at 4200000€ rent photo- #3

Hotel 520m² in Greece, Santorini. Priced at 4200000€ rent photo- #4

Hotel 520m² in Greece, Santorini. Priced at 4200000€ rent photo- #5

Hotel 520m² in Greece, Santorini. Priced at 4200000€ rent photo- #6

Area

520 м²

Bedrooms

Bathrooms

Luxury hotel with 6 rooms in Santorini, South Aegean Islands

In the heart of Santorini's capital, Thira, is a historic neoclassical hotel perched atop the famous caldera, offering guests unrivaled views of the island's stunning natural beauty. This magnificent property sits 300 meters above sea level, giving guests unobstructed views of the azure sea and mesmerizing sunsets towards the town and the volcano. One of the oldest and most historically significant houses in Santorini, this hotel is one of the few that survived the massive earthquake of 1956. Built in the early 1800s, it was lovingly restored by the owners in 1870. Known as Kapetanospita, or captain's houses, mansions of this type were built and maintained only by wealthy ship owners. The hotel was the summer home of Murat, King of Sicily and General Napoleon, which gives it even more historical significance. The hotel is located on three levels and occupies 450 square meters of land, with a total built-up area of 520 square meters. The hotel consists of six fully equipped and self-contained apartments, each offering complete privacy and exclusive access. The hotel features a 150 square meter rooftop pool terrace and another upper terrace with a Jacuzzi, where guests can relax and lounge while taking in the stunning views of the island. There are six individual and private suites with kitchenettes, catering to different types of guests, from couples to families. The suites are called: Executive Double Room - s

Additional details

Property type

Commercial

Object type

Hotel

Price

4 912 275 $

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 (4 912 275 $) 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).