For Sale €1,950,000 - Businesses, Hotels
Stunning whitewashed Cycladic style villa, currently operating as a successful boutique hotel, offering breathtaking coastal views due to its elevated location. The villa has a ‘living permit’, a unique opportunity to either live, work or combine both in the Mediterranean. The well-kept condition of the building makes it move-in ready.
The exceptional property has been built and reformed by its current owners to an extremely high standard, while still keeping an authentic Greek character. The villa boasts 13 apartments, including 2 Penthouse Suites, while the entire plot counts up to 2.800 m2 including a café, reception, pool and olive grove.
After working passionately for many years, it is now time for the owners to take a step back and look for a successor.
On the island of Crete, the villa is located on a restful spot in the hillside village of Koutouloufari, overlooking the stunning Aegean Sea. Picturesque traditional villages Koutouloufari, Piscopiano and Old Hersonissos, all within walking distance, are packed with friendly small tavernas and cafés.
With the airport on 25km distance and only 1km from the sea, it makes for an ideal location if you want a calm home base with plenty of entertainment nearby. Or if you want to explore the island – the central location makes for a perfect starting point.
The successful hotel business, which is still running, has an exceptional reputation, attracts a wide variety of international guests and is published in reputable magazines and books. The business operates with high room rates and has a high occupancy.
The setting and size of the hotel makes it ideal for weddings, yoga retreats and other special family or business events.
The very first stone was set in 1980, though the villa was built in different phases and continually renovated even recently in 2023. Everything has been done with love, care and craftsmanship using high quality materials. This reflects on the well-kept condition of the building and makes it move-in ready.
The two-story whitewashed Cycladic style building boasts 13 spacious apartments, including 2 superb Penthouse suites, with a stunning view of the sea, the bay and the mountains.
All apartments are stylishly designed and have comfortable built-in beds, a spacious living room with a handy kitchenette. A freshly renovated bathroom with a large walk-in shower and either a balcony or terrace with views over the sea, the bay, the luscious garden or the mountains.
Think of original terracotta and deco cire floors, fresh white washed walls, island style wooden furniture, handcrafted lace curtains and many more details that add to the character of the villa.
Café, Pool, Garden & more
The heart of the villa is the sparkling tiled pool (5x10m) that works on an eco-saltwater system. The pool is surrounded by big wooden pergolas that offer the right amount of shade for the deckchair area.
The stylish café in ‘kafenion’ style offers a relaxed and comfortable sitting area. The bright and airy space, shared with a handy reception, features high wooden ceilings, original terracotta floors and traditional wooden doors and windows. These doors open out to a delightful terrace overlooking the pool and where you can enjoy the spectacular view of the coast.
The villa is set in a walled serene mature garden planted with precious, big palm trees, lemon and orange trees, lavender, bougainvillea, jasmine, cacti, herbs and much more. In addition, the rustic olive grove in the back of the villa, provides yearly about 100 litres of organic extra virgin olive oil for you or your guests!
All apartments are equipped with A/C and solar energy is used to heat up the water. There is a useful laundry room for housekeeping and a white wooden garden shed for tools and storage.
- Measurements and distances are approximate and intended as a guide only.
- The price does not include buyer's purchase expenses (purchase tax, legal/administrative costs and real estate agent fee).