UNIQUE OPPORTUNITY IN SANTORINI, GREECE

UNIQUE OPPORTUNITY IN SANTORINI, GREECE

OFF MARKET

PREMIER LAND DEVELOPMENT SITE FOR SALE

A Rare Opportunity For A Hospitality Investor/Group, To Develop An Amazing Oasis On One Of The World’s Most Renowned Islands, Santorini, Greece.

Potential Return:

CoC ROI 30% – 89%
Investment Payback 3.5 Years Or Less
Location:
Asking Price:
Lot Size:
Akrotiri, Santorini Island, Greece
EUR €37,000,000 (EUR €514 per m²)
72,000 m² (775,002 ft² or 17.8 acres)
  • Located On Top Of A Hill In Akrotiri Area With Unobstructed Views Of Three Seas
  • Building Capacity 36,000 m² Total:
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.

PLOT AERIAL SATELLITE IMAGES

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