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Cyclades islands, Mykonos, Greece

Guide Price
£4,412,000
€5,000,000
MyElysium, Surrey UK
PROPERTY TYPE

House

SIZE

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Description

A Greek art villa decorated with works by Greek artists and antiques sourced piece by piece from England (auctions, etc.).
Located on a plot of 4.4 stremmas (approximately 4,400 sqm), the property features a 6-meter-diameter circular yoga platform at the top of the land, offering stunning views of Panormos and Ftelia beaches (near Alemagou, Ftelia, Farma beach bars and restaurants).
Villa Size: 375 sqm
Swimming Pool: 15x5 meters with a graded depth from 50 to 300 cm, clearly marked at every point.
Five individual houses, each with 1-2 bedrooms: Helios (2), Selene (Moon), Asteri (Star), Ouranos (Sky) - based on a "Galaxy" concept - and an Annex (featuring large breakfast counters, etc.).
The property is available either as a full villa rental or by individual suite, and it operates in both ways.
For optimal revenue, a manager can market it in the hospitality sector as a "tablet hotel" (modular boutique model) during off-peak and as a full villa in the high season - maximizing profit.
Parking for 5 vehicles or small buses, plus additional space at the rear of the plot.
Potential for a hotel license, allowing construction up to 850 sqm (subject to current regulations).
An architectural pre-study is ready for the new owner to proceed with expansion, upgrades, or renovation - e.g., creating a small restaurant/dining area (in the style of Katoikies), solar panels, helipad, gym/fitness area, etc.
Excellent reputation and clientele (AMEX Centurion, Royal Families, Celebrities, etc.).
In high season, it has achieved one of the highest returns on investment per sqm - €9,450 per day.
This property is created by the pioneer of the Concierge Villa model in Greece, offering True Butler service, G-string quartet, and Sopranos (Media Iasonidou, National Opera House, etc.).
It is the only house currently for sale with an old building license - new permits only allow for 200-250 sqm construction.
However, a hotel license could be issued, allowing construction rights of up to 850 sqm.

Cyclades islands, Mykonos, Greece

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Spata (Eleftherios Venizelos)(International)
    83.1 miles
  • Athens(International)
    83.2 miles

Advice on buying Greek property

Learn everything you need to know to successfully find and buy a property in Greece.

About MyElysium, Surrey UK

Whether you’re looking for a holiday or permanent home in Cyprus, Greece or the Greek Islands, our experienced team are here to help make your search as easy and stress free as possible. We are available to chat to you day or night and happy to meet you in the UK, or even abroad, to help you start your journey. Our team has over 100 years of experience in property services in the UK and overseas; you will find us helpful, knowledgeable, and friendly, so please get in touch for an initial conversation. We understand that looking for property overseas can be daunting, so will provide all the necessary support, advice, and handholding you might need to guide you through the process. From initial research to completion of a purchase, we will be there! We can introduce you to specialist, solicitors, surveyors, financial and other professional advisors in Greece or Cyprus.

MyElysium is a member company of the AIPP (The Association of International Property Professionals) which exists to improve standards of professionalism and integrity in the international property market. The badge of AIPP membership is a reminder to you, the buyer, that a company must follow professional standards, and act with honesty, integrity, and transparency, essentially, everything you would expect from a company like MyElysium.

Searching for the right property can be a very enjoyable experience. Our properties on Rightmove are just a small selection of what we have available, so please visit our website to get an idea of what else we can show you. Through our partners in Cyprus and Greece we have access to 1000’s of other properties too, so if there is something specific that you are looking for, let us know and we will do our best to handpick the right selection for you to shortlist.

Contact us today to get started on your journey towards owning a beautiful home overseas!

Notes

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This is a property advertisement provided and maintained by MyElysium, Surrey UK (reference 141702) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call MyElysium, Surrey UK on 020 4572 1770.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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