Sale, Land, Residential

SANTORINI - AKROTIRI

Property Code: 526232

Area 1528 m2

1250000

Calculate my installment

818.06282722513 € / m2

Modify Date: 08/09/26

Description

For Sale in Akrotiri, Santorini: A 1,500 sq.m. plot, located within the urban plan, fully compliant with planning regulations and suitable for development, offering spectacular and unobstructed views of the Caldera and the island’s unique volcanic landscape. The proposed development comprises Building A, with a total area of 449.20 sq.m., oriented towards the Caldera and consisting of four maisonettes and four cave-style residences, and Building B, with a total area of 336.90 sq.m., featuring a road frontage and consisting of three maisonettes and three cave-style residences. The total indicative developable area amounts to 786.10 sq.m., creating excellent potential for the development of a high-quality hospitality project in a highly sought-after area with strong international recognition and consistent demand from both the Greek and international markets. The property offers convenient access and combines the key characteristics sought by modern tourism investment: a unique natural environment, the exceptional global appeal of Santorini, and the potential to create a distinctive hospitality development with a strong architectural identity. Its outstanding views, generous size and development potential make it an attractive investment opportunity for investors seeking to establish a presence in one of the Mediterranean’s strongest and most prestigious hospitality markets.

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Zone : Residential zone
View : Sea, Unlimited, Panoramic
Position : Facade
Noise : Quiet
Building : Yes
Facade street : Asphalt
Transportation : KTEL (Bus transport)
Building existence : No
Depth : 54
Building width : 36
Building(s.m.) : 786
Good condition : Yes
Slope : Incline, Amphitheatrical
Urban condition : Inside the zoning area
Building height : 7.5
Structure factor : 0.7
Cover factor : 40
Energy Class : F

Loan Calculation

Loan Amount *Minimum loan amount 10.000€ Floating Interest Rate: Euribor 3M (indicatively 2%) + spread (from 1.75%) + contribution L.128/75 (0.12%) Fixed Interest Rate: from 2.8% + contribution L.128/75 (0.12%)
Loan Interest
Loan Repayment Period

Example: Loan of €100,000, total duration 30 years. For the first three years, final interest rate 2.92% and for the remaining 27 years, final interest rate 4%. Indicative installment for the first three years ~€420 and for the remaining 27 years ~€500

Indicative Installment Amount

Interest Amount:
*The final interest rate is determined based on the mortgage loan program (floating, hybrid, fixed) and the borrower's profile.

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