Amazing Investment Opoprtunity in Oia of Santorini Island in Greece

Price on request
Listing ID: Danos_7182
29/09/2020

Description

VIDEO PRESENTATION

 

Address: Oia, Santorini island

Short Description

Basic Information

  • A complex of 18 villas in Oia area (north) of Santorini island
  • Is located in a prominent touristic area, one of the most well-known of the island of Santorini.
  • The property is consisted of eighteen (18) buildings of total surface of 1,565sqm and are located on a land of 10,685sqm.
  • The villas are developed in three types of two-storey buildings and are completed app. by 50%. Two swimming pools have been developed at the outer area and the property is fenced with wall masonry with hard-to-reach Santorini volcano stonework
  • Verandahs and pergolas have been constructed in the surroundings of the villas.

Property Highlights

  • The 18 OIA VILLAS were initially intended to become an “exclusive 5 star boutique hotel in Santorini-Aegean islands traditional style” project.
  • All 18 buildings are about 40-50% complete, enabling easily and fast to be completed according to the Buyer’s plans and wishes by all aspects (full year building works permitted, in contrast to only 5 working months in the caldera zone), without having to demolish first the unprecedented structures and decorations of the predecessors, in order to transform them to traditional Santorini type hospitality jewels.It is close to Hersonissos port and the Hersonissos town (touristic destination)

18 VILLAS complex, on a land of 10.685m², with face on the Municipal Road with the resulting full urban advantages (including the large structured area with terraces, which are unthinkable by current laws). The existing constructed buildings are completed approx. 40-50%. Because their Urban Building Permits of 1994 have been revised in 2003, they are in force indefinitely. Hence, the finishing works can begin immediately, without any restrictions.

The existing unfinished two-storey buildings in three types: A, B & C are as follows:

A-Type: single buildings, with 3 (three) two-storey houses of 77,13m² each

B-Type: single structures with 2 (two) two-storey houses of 99,45m² each, with additional semi-open areas which increase the surface of each residence in 110,65m²

C-Type: 2 (two) storey buildings, of 98,36m² each

Future Developments – From 18 Villas to Oia 69 Luxury Suits

Adding to the plot “A” 10,685m², the adjacent plots of decisive importance:

(1)6.685m²

(2)4.235m²

(3)4.235m²,

as well as the further surrounding plots (4 to 8), we have a total of 8 plots, with a total area of about 50.700m²

Future Developments – From 18 Villas to Oia 69 Luxury Suits

Adding to the plot “A” 10,685m², the adjacent plots of decisive importance:

(1)6.685m²

(2)4.235m²

(3)4.235m²,

as well as the further surrounding plots (4 to 8), we have a total of 8 plots, with a total area of about 50.700m²

Contact Persons

Costas Kouleris| c.kouleris@danos.gr

Danos | an alliance member of BNP PARIBAS REAL ESTATE

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