Hotel on the picturesque island

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Greece, Mykonos
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180 m²
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ID GR250046

€1,400,000+

180 m²
Elena KozyrevaExpert on real estate and residence permit by investment in Greece
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Greece Golden Visa

€250,000+4+ months

The property is eligible for the Golden Visa.

Immigrant Invest helps select real estate and get a Greece residence permit.

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Cost

Property cost

€1,400,000+

Distances

Sea 100 m
Infrastructure 100 m
Airport 3 km

Yield and management

Yield

18.1%

Property management

Yes

We will help you sell the object if you decide to exit the investment

Description

The object is located on the Greek island of Mykonos, southeast of the city center. Nearby are situated the main attractions of the city - the Windmills, built in 17th century and preserved to this day. They are located on a hill next to the sea between Alefkandra and Niochori and are the most interesting tourist spots on the island. For sale is offered a two-story hotel with an underground floor with a living area of ​​180 sq.m. on a picturesque island, located next to the sights that are actively visited by tourists, which allows to receive a high rental income (18.1%). 

This object is adjacent to the sea, built on several levels, from the windows you can enjoy a magnificent scenery. The area of ​​the underground floor is 21 sq. m., zero - 17, the first - 118 and the second - 25. The building is currently used as a hotel hostel, with a capacity of 7 double rooms (with the possibility of using two of seven as triple rooms) on all levels of the building. This property needs renovation. 

The object is applicable for 800 000€ investment option (new requirements).

Real estate

Object category

Secondary

Object stage

Ready

Permits

Yes

Design features

Ownership

Characteristics

Total area

180 m²

Plot area

200 m²

Number of storeys

2

Parking

No

Renovation

Standard

Furniture

Partially furnished

View

Sea, City, Plot, Road

Equipment

Split system conditioning

Properties

Garden on the plot
Semi-basement floor
Terrace
Internet
TV

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Let's discuss the details

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