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Property Milos (Greece)by barnes greece

PropertyMilos (Greece)
Price :
$2,546,600
($11,218 / m²)
Surface227 bedrooms7 land4,122

An attractive hospitality property on the captivating island of Milos, featuring this elegant 4-star hotel.
The property of 227sq.m. is set on a generous 4,122sq.m. plot and currently comprises a boutique hotel of 7 suites, designed with a refined aesthetic that blends seamlessly with the Cycladic landscape, offering a serene and upscale accommodation experience. Each suite enjoys privacy, outdoor spaces, and views that enhance the island’s natural charm.
In addition to the existing development, the asset includes an approved building permit for the construction of 9 additional suites with private pools and a spa facility, significantly increasing its hospitality capacity and elevating its positioning within the luxury segment. There is also remaining building density, providing further development potential for future expansion or added amenities.
The combination of the existing operation, the licensed expansion, and the additional building allowance offers multiple investment opportunities, whether for immediate income generation or phased development into a larger luxury retreat.
A unique investment property with strong development upside in one of the most sought-after destinations of the Cyclades.
Advertiser reference : 14134Le Figaro Properties reference : 104182919

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Property Milos (Greece)

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