Hotel and Spa Development for Sale in Santorini

The development is offered under two distinct acquisition scenarios. Investors may acquire the property in its current development state for €5 million, or purchase the completed hotel for €20 million, delivered as a turnkey asset and scheduled for opening in summer 2027.

All required development permits have been secured. The planning framework provides a building factor of 0.40, maximum coverage of 0.60 and a low-rise development profile of up to two floors.

The project has been conceived specifically for upper-luxury hospitality use. Its design combines low-rise architectural volumes, efficient accommodation clusters and a carefully planned operational layout intended to support premium guest service while maintaining privacy and discretion.

A key component of the development is the separation between guest circulation and operational activity. Staff movement, service circulation, technical functions and several support facilities are positioned underground, allowing front-of-house areas to operate with minimal visual or functional interference.

The hotel will include 54 rooms and suites, with selected accommodation units featuring private swimming pools and outdoor Jacuzzis. The product has been designed to appeal to the international luxury leisure market, including couples, premium independent travellers and guests seeking enhanced privacy.

The central hospitality facilities include a main swimming pool, dedicated spa and wellness facilities, fitness areas and food and beverage outlets. The project also incorporates underground and surface parking, staff facilities, technical rooms, storage areas and extensive back-of-house infrastructure.

Bioclimatic design and energy efficiency have been integrated into the development concept from the outset, supporting reduced operating requirements and positioning the hotel in line with the increasingly important sustainability expectations of international operators and investors.

The operational concept has been structured around five-star hospitality standards, while preserving flexibility in the future management strategy. A new owner may pursue independent operation, appoint a specialist hotel management company or explore affiliation with an international hospitality brand.

The property is located in Perissa, Santorini, in direct proximity to the beach and approximately 13 km from Fira. The location provides access to one of the island’s established resort areas while maintaining convenient connectivity to Santorini’s main commercial and tourism hub.

From an investment perspective, the asset offers several important advantages: secured development permissions, a new-build hospitality product, meaningful scale, an established key count, extensive guest amenities, discreet service infrastructure and flexibility in both acquisition structure and future operation.

The option to acquire the project prior to completion provides an investor with the opportunity to enter at development stage, while the turnkey option offers a substantially de-risked route into ownership of a completed luxury hotel in one of Greece’s most internationally recognised tourism markets.

The combination of Santorini location, 54-key capacity, five-star positioning, beach proximity, integrated wellness facilities, premium accommodation features and operational flexibility makes this development particularly relevant to hotel groups, strategic hospitality investors, family offices and private capital seeking exposure to high-end Greek tourism.

Hotel and Spa Development for Sale in Santorini. Location Information.

One of the most popular holiday destinations worldwide and the most visited of all the Greek islands, Santorini (or Thira), is one of the most magical places you’ve ever seen!

Once you set your foot in Santorini, you’ll feel like entering a whole new world. A world where all the shades of red create unreal sunsets, Santorini caldera offers the most dramatic sea views you’ve ever seen and enormous cliffs are dotted with dreamy Cycladic whitewashed houses!

Nothing will prepare you for the beauty you’ll face in Santorini.

The enthralling sunset view in Oia Santorini, the minimal Cycladic architecture, the luxurious Santorini Greece hotels, the delicious restaurants, the dramatic rocky landscape, and the Santorini volcano are just some of the reasons you’ll have a crush on this unique island!

Located on the southern side of the Aegean sea, Santorini in Greece is a part of Cyclades islands complex. The island was created after a huge eruption of a volcano, occurred in 17th century B.C., which shaped the breathtaking caldera.

Santorini boasts a unique landscape! The famous Santorini caldera, amazing red and black volcanic beaches, and, of course, volcano’s crater in Nea Kameni, all remind the origins of the island, which was shaped by volcanic eruptions.