This property comprises of land of a total of 1652m2, and two buildings of circa 966m2, (65m2 semi covered areas, 44m2 storage rooms) a swimming pool of 76m2 and right to build an additional building of up to 299m2.
Built between 1981-1983 the hotel building comprises of aproximately 608m2, hosting 14 appartments (40pax), staircases reception area and public WCs. Each apartment has a kitchenette, living space, bedroom nook, bathroom and balcony. The building has benefited from continuous cycles of renovation and is in excellent condition. Key features are stone floors from neighboring Ikaria island and traditional architecture. Airconditioning units maintain clima and solar water heaters supply the entire building 85% of the time.

The second building, built between 1981 and 2010, hosts a family home of 130m2 on the 1st floor, and on the ground floor, the hotel’s breakfast/bar of 32m2, public WCs of 12m2, a separate maisonette gallery space of 75m2 that can double as a one bedroom flat, 50m2 semi covered areas, and storage rooms of 44m2.

The family home comprises of 3 bedrooms, including a master bedroom with stone fireplace, 2 bathrooms and an open plan kitchen living room with additional fireplace, two verandas totalling 130m2.
The hotel’s breakfast is served in the garden over the pool. The garden surrounding the building and the pool is treated with organic elements and traditional methods so that condition of the water supplied by the property’s water-well is pristine, even though it is only used for irrigation. Opportunities to enjoy nature on the grounds abound here.
Facing the entrance of the hotel is a separate plot of land of 299m2. This land is presently used as an open-air parking space for the hotel, and has a right to built 299m2.

This sole proprietorship is offered for sale due to retirement. It is operating through direct sales and recurring clientelle looking for a tranquill base and quality service while exploring the island. This business is not operated intensively but offers a good ROI as is. This is one of the best regarded hotels on the island, also awarded for its certified Greek breakfast.
Located approximately, 20klm from the international airport, 3,5klm from the nearest port and 2,5klm from the nearest town. With panoramic views. On an Aegean island renowned for its flora, caves, trails and pristine waters, muscat wines, ancient history and other historical treasures. This spot in the Aegean also serves as a traditional transit route for neighboring Greek islands of Patmos & Ikaria and the Turkish coastal town of Kusadasi . Climate is soft mediterranean.
This property qualifies for 2 applications of tier-one Golden Visa (800,000), an EU residency by investment scheme, This property qualifies for two applications of tier-one (800,000) Golden Visas, a competitive EU residency-by-investment scheme offered by the Greek Government, offering legal residency in Greece in return for qualifying investment in the country.