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Villa 120 м² in Mykonos, Greece

ID 4OVYB
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Area
120 m²
Bedrooms
4
Bathrooms
4

Description

Luxury 4 bedroom villa for sale in Mykonos, Greece

Sunset Melody villa with unrivaled views of Ftelia. It dominates the high point of the neighborhood, has a large outdoor area and a 40 sqm swimming pool. Part of the outdoor area is covered for al fresco dining and barbecues. In the main part of the villa are the living room and kitchen, fully furnished and equipped with all electrical appliances. An internal staircase starts from the living room and leads to the bedrooms on the upper floor, where you can enjoy the beautiful views. The white color dominates, constantly creating a Myconia feel. Panormos is well known for its amazing waters and sand. When you are on the west side of the beach, the whole landscape looks like a lagoon, especially when there is no wind. The beach of Ftelia is divided into two parts because of the shape of the cliffs that end in the sea, where prehistoric settlements from the Neolithic era were located, with finds dating back to 4,500 BC. In the same place you can recognize from the Archaic period the tomb of Aiades of Locrias, hero of the Trojan War, who was worshipped in Mykonos. To reach the beach, you can take the road to Ano Mera. Part of the road is made of cement, and further on there is a dirt road in relatively good condition. There are convenient parking lots along the beach and on the dirt road leading to it. It is common to see RVs here, windsurfing enthusiasts who come to enjoy the amazing waves and the 'clean' air that Ftelia 'brings'.

Characteristics

Property type
Elite
Object type
Villa
Price
1 513 889 $

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 (1 513 889 $) 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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