The Full Offering Memorandum Which Includes Detailed Financials Is Available Upon Request.
INVESTMENT HIGHLIGHTS
Santorini Island Is Ranked One Of The World’s Top Tourist Destinations, With Over 2 Million Tourists Visiting Annually, Increasing At A Rate of 9% Annually.
Ideal Location For Luxury Holiday Residences And Ultra Luxury Hotel Rooms And / Or Villas.
Building Coverage Of Santorini Island Is Currently At 18% And The Maximum Approved Coverage Is Set Not To Exceed 22%, Leaving Only 4% Available For Development. This Lot Has Already Been Approved For Development.
Plot Can Be Used For Building A 5-Star Hotel Of Up To 500 Keys And / Or Villas.
A Very Rare Residential/Tourist Zoned Plot Of Such Size That Can Be Used Commercially.
Tax Incentives And Subsidies For Hotel Development Of Up To 20 Million Euros10m Euros For Development And 10m Euros For Soft Costs
FINANCIAL HIGHLIGHTS & PROJECTIONS
Luxury Hotels And Villas In Santorini Achieve Premium Occupancy And ADR That Result In Greater Than Average Levels Of Returns.
Properties Developed In This Part Of The Island With These Views, Where The Land Is Located, Are Able To Command One Of The Highest Rates On The Island.
Depending On The Three Investment Scenarios Conservatively Described In Our Investors OM Packet, The Owner Can Achieve In The First Year Coc-ROI Ranging From 30%-55% Or 79%-89%, If They Were To Retain Hotel/Villas Or Retain Hotel And Sell The Villas, Respectively.
Investment Payback In All Three Scenarios Is 3.5 Years Or Less.