Oia, Santorini, Cyclades islands, Greece

262 m2 B&B Santorini hotel at Oia's NW side on a 5,000 m2 plot, virtually on the sea-shore ? 1,850,000
This high-potential small hotel, modern built (2007) but in the traditional Santorini - Aegean architectural gender and island-traditionally interior-decorated and actually in front of the seashore, offers 10 double guests rooms, all en suite and with sea-views, waiting the new owners to put their personal touches.

The modern, but of traditional Santorini architecture, building is constructed through-out in reinforced concrete, as per the super-strict Greek Planning anti-earthquake regulations, the traditional architecture extending to the concrete mortar floor, giving it a modern and practicality tilt,  so important in cleaning and maintaining a hotel operation.

The hotel is sold in near perfect condition, having been built just 2007 and is very convenient to run, being a three (3) floor level built, following the Santorini-traditional gender of Lower Ground Floor, Ground floor and Upper (1st) floor, double glazing through-out, with fully opening windows, but in traditional wooden-frames. It offers ample car-parking spaces and wheel-chair / push-chair ramp for convenience of access by all. Its electrical installation is modern, powered by virtually industrial level three-phase current electrical installation, which allow extensions to facilities to be added, such as a future swimming pool etc. The building is fully fire-protection equipped, including fire-extinguishers posts and smoke-detection system in all rooms, as per Fire Department regulations and it is security protected with a camera system.




This seaside and sea-shore  hotel offers 10 double guests' rooms, on a 256 m2 hotel-standards building built on a 5,000 m2 plot, and thus having a potential of a lovely garden and al fresco hotel relaxing, possible with a swimming pool to be added, by the new owners. The hotel could be operated partly off-season too, given the modern Cooling / Heating Variable Refrigerant Volume (VRV) system, thus extending its income-generating period of at least six (6) months per year to possibly a few months more.

Oia is one of the traditional Santorini villages, renown for its sun-setting views from Oias' Venetian fort, on the eastern side of Santorini, the hotel being located on the NW site, but just a short drive from it. Oia itself is a very Santorini-type cosmopolitan crowd village, overlooking the Caldera, offering plenty of restaurants, some of gourmet and fine-dining standard, as well as tavernas, some on the sea-shore, bars and cafés and still not at all  commercialised.  

Investing in this or similar investments, would be eligible for very substantial subsidised loans and Thalatta.Homes can advise and facilitate the funding of this bijou B&B investment facilitating buyers of good credit credentials, on the financing of this investment, via Greek banks utilising a number finance methods and instruments, for acquiring and improving it. These instruments funded by the EU Regeneration Facility, offers  40% free of interest (no interest bearing) loans and fixed 3% interest rate for any additional loans. The investor may need no more than half of the value of the investment and possibly less.