5288 €/sq.m.
An exceptional investment opportunity in the prestigious village of Imerovigli, Santorini, one of the island’s most sought-after and exclusive locations, renowned for its proximity to the world-famous Caldera. This ground-floor property offers a total living area of 104 sq.m. on a 200 sq.m. plot, featuring a private courtyard and currently comprising three studio units. Originally built in 1965 and renovated in 1995, the property presents outstanding potential for renovation and transformation into luxury holiday suites, an exclusive boutique accommodation concept, or a beautiful private residence. There is also potential to create an additional studio of approximately 30 sq.m., subject to the necessary planning approvals. Its prime location and flexible layout make it particularly attractive for investors looking to capitalize on Santorini’s thriving luxury tourism market and strong demand for premium holiday accommodation. With its unique character, desirable setting, and excellent redevelopment possibilities, this property represents a rare opportunity to create a distinctive hospitality investment in one of the world’s most iconic island destinations. Asking Price: €550,000.
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