Rare 5 Star Hotel Development Opportunity In Akrotiri, Santorini
30,462 Sqft
4.14 Ac lot
Updated: August 11
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About the Property
An exceptional investment opportunity on a 16,731.23 m² plot in Akrotiri, Santorini, offering panoramic views of the Aegean Sea and an approved building permit for the development of a 5-star hotel with a total capacity of 96 beds.
The permit has received approval from the Archaeological Authorities, while the property benefits from direct frontage onto a public road—two significant advan
An exceptional investment opportunity on a 16,731.23 m² plot in Akrotiri, Santorini, offering panoramic views of the Aegean Sea and an approved building permit for the development of a 5-star hotel with a total capacity of 96 beds.
The permit has received approval from the Archaeological Authorities, while the property benefits from direct frontage onto a public road—two significant advantages for the smooth implementation of the development.
KEY DETAILS Plot area: 16,731.23 m² Total coverage: 2,620.51 m² Total building area: 2,830.51 m² Total volume: 8,491.53 m³ Capacity: 96 beds
The approved hotel complex has been designed as a comprehensive luxury hospitality project and includes a large communal swimming pool, restaurant, bar, spa and conference facilities, providing all the essential amenities for a high-end resort.
PARTICULARLY SIGNIFICANT
The building permit is the last valid and active permit issued for hotel development in Santorini, making this an exceptionally valuable asset in the island’s highly restricted development environment.
In order to maintain the validity of the permit, the structural framework of the project must be completed by 31 December 2027, allowing the building permit to be extended.
LOCATION | AKROTIRI
Located in the southern part of Santorini, Akrotiri is one of the island’s most distinctive areas, combining spectacular views, natural beauty and significant cultural heritage.
The area is home to the renowned archaeological site of the prehistoric settlement of Akrotiri, known as the “Minoan Pompeii,” and is close to some of the island’s most important beaches and attractions.
The location provides an ideal setting for the creation of an exclusive luxury resort in one of the world’s most prestigious and sought-after tourism destinations.
A RARE OPPORTUNITY TO INVEST IN SANTORINI’S LUXURY HOSPITALITY MARKET
Further information and the complete project documentation are available to serious investors upon request.
This property is exclusively represented by our agency.
At Prestigia Realty, we understand that finding the right property is about more than just a transaction—it’s about
At Prestigia Realty, we understand that finding the right property is about more than just a transaction—it’s about discovering a place that truly feels like home or the perfect investment that aligns with your aspirations. Specializing in the Athens Riviera and the surrounding areas, we offer personalized real estate services tailored to your unique needs and preferences.
Integrity and ethical business practices are at the heart of everything we do. We believe that trust is the foundation of every successful relationship, which is why we are committed to honesty, transparency, and professionalism in every interaction. Our clients can count on us to provide clear information and unbiased advice, always putting their best interests first.
Whether you’re dreaming of waking up to the sound of waves in a serene coastal villa, enjoying the vibrant energy of city life in a stylish apartment, or securing a high-potential investment in one of Greece’s most dynamic regions, our team is here to make it happen.
We know that every client is different, and that’s why we focus on understanding what matters most to you. From your first consultation to handing over the keys, our approach is transparent, supportive, and detail-oriented. We’ll guide you through every step of the process, offering expert advice, market insights, and hands-on assistance to ensure your experience is seamless and stress-free.
Our carefully curated portfolio reflects the diverse opportunities the Athens Riviera offers. From contemporary designs to timeless charm, we work hard to connect you with properties that match your lifestyle and vision. But more than that, we’re committed to building lasting relationships with our clients, offering support long after your purchase is complete.
At Prestigia Realty, we combine local expertise with a customer-first approach to deliver real estate services you can trust. Let us help you not just find a property, but a place where you can create lasting memories and new opportunities.
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Last updated
August 11
First listed
Aug 11
Listing reference
1-1111
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