Located in Megalochori, Santorini, this complex comprises two cave-houses and a picturesque courtyard, which will make you feel like you are on the set of Mamma Mia! Offering 120 sqm total living spaces on a 190 sqm plot, the big cave-house comprises a living/dining room, a kitchen, a bedroom and t

Megalochori, Aegean Islands, Greece

For Sale

€520,000

REF: 742648 €520,000


2

3

190 m2

Description

Located in Megalochori, Santorini, this complex comprises two cave-houses and a picturesque courtyard, which will make you feel like you are on the set of Mamma Mia! Offering 120 sqm total living spaces on a 190 sqm plot, the big cave-house comprises a living/dining room, a kitchen, a bedroom and two bathrooms, while the little cave-house includes a living room open-plan kitchen, leading to an elevated bedroom and a bathroom.

Both cave-houses are built in the traditional architecture the island of Santorini is renowned for. The private courtyard, shared among the houses, provides an ideal setting for enjoying carefree moments with loved ones. This typical Cycladic courtyard, reminiscent of the picturesque scenes found on postcards, offers a serene escape while being at the centre of the village.

With just a step through the door, you'll find yourself amidst the winding alleys of the village, granting easy access to shops, markets, bars, restaurants and a series of amenities. The property has well-appointed windows and doors, complete with glazing, shutters, and screens. Inside, the property boasts two convenient storage rooms.

To ensure year-round comfort, the inclusion of A/C units facilitates both heating and cooling. Furthermore, the presence of solar panels serves to heat water efficiently. Conveniently, the village offers parking spaces around. Rental potential - Turnkey business Santorini is one of the most exclusive and desirable tourist destinations worldwide.

It attracts high-class and cosmopolitan travellers from around the globe. It commands premium prices, especially for accommodations such as this complex, which combines traditional Cycladic architectural style with modern amenities. Its privileged location, within a stone s throw from many of the island's most popular destinations, offers excellent rental potential during the whole season.

Let it be noted that the complex has been operating as a short-term rental property for some years now and is top-rated across all platforms. Location Labyrinthine winding streets, whitewashed houses and blue-domed churches compose the image of Megalochori, one of the picturesque villages on the cosmopolitan island of Santorini.

Overlooking the caldera, the focal point of Megalochori is its central square, a meeting point for locals and visitors alike with many taverns, restaurants and cafes. Megalochori is also the centre of the island's wine production, and the vineyards around it produce some of the finest white wines you will ever taste.

The Caldera side of Megalochori, is a mere 250 me away and can be reached by walking along the Caldera path. Distances Caldera: 250 m Santorini Airport: 7 km Port: 4.5 km Fira: 5.8 km Oia: 20 km Vlychada Beach: 4.5 km Red Beach: 6.5 km Kamari Beach: 7.5 km Perivolos Beach: 6.5 km
Located in Megalochori, Santorini, this complex comprises two cave-houses and a picturesque courtyard, which will make you feel like you are on the set of Mamma Mia! Offering 120 sqm total living spaces on a 190 sqm plot, the big cave-house comprises a living/dining room, a kitchen, a bedroom and two bathrooms, while the little cave-house includes a living room open-plan kitchen, leading to an elevated bedroom and a bathroom.

Both cave-houses are built in the traditional architecture the island of Santorini is renowned for. The private courtyard, shared among the houses, provides an ideal setting for enjoying carefree moments with loved ones. This typical Cycladic courtyard, reminiscent of the picturesque scenes found on postcards, offers a serene escape while being at the centre of the village.

With just a step through the door, you'll find yourself amidst the winding alleys of the village, granting easy access to shops, markets, bars, restaurants and a series of amenities. The property has well-appointed windows and doors, complete with glazing, shutters, and screens. Inside, the property boasts two convenient storage rooms.

To ensure year-round comfort, the inclusion of A/C units facilitates both heating and cooling. Furthermore, the presence of solar panels serves to heat water efficiently. Conveniently, the village offers parking spaces around. Rental potential - Turnkey business Santorini is one of the most exclusive and desirable tourist destinations worldwide.

It attracts high-class and cosmopolitan travellers from around the globe. It commands premium prices, especially for accommodations such as this complex, which combines traditional Cycladic architectural style with modern amenities. Its privileged location, within a stone s throw from many of the island's most popular destinations, offers excellent rental potential during the whole season.

Let it be noted that the complex has been operating as a short-term rental property for some years now and is top-rated across all platforms. Location Labyrinthine winding streets, whitewashed houses and blue-domed churches compose the image of Megalochori, one of the picturesque villages on the cosmopolitan island of Santorini.

Overlooking the caldera, the focal point of Megalochori is its central square, a meeting point for locals and visitors alike with many taverns, restaurants and cafes. Megalochori is also the centre of the island's wine production, and the vineyards around it produce some of the finest white wines you will ever taste.

The Caldera side of Megalochori, is a mere 250 me away and can be reached by walking along the Caldera path. Distances Caldera: 250 m Santorini Airport: 7 km Port: 4.5 km Fira: 5.8 km Oia: 20 km Vlychada Beach: 4.5 km Red Beach: 6.5 km Kamari Beach: 7.5 km Perivolos Beach: 6.5 km
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#241173

Currency Exchange

Megalochori, Aegean Islands, Greece

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Greece do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Greece takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €520,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€520,000 £442,359 £455,224 £12,865
Property Price € €520,000
Minimum cost in the last six months £442,359
Maximum cost in the last six months £455,224
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,865

Megalochori, Aegean Islands, Greece

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Greece do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Greece takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €520,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€520,000 £442,359 £455,224 £12,865
Property Price € €520,000
Minimum cost in the last six months £442,359
Maximum cost in the last six months £455,224
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,865

The exchange rate on the day you make an offer on your property in Greece will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £12,865 more.

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