A unique hospitality investment or a super luxury life-style residence, in the Greek Cycladic island of Andros, a retro-restored renaissance, property for a unique renaissance-person / buyer.

The property, of some 1,140 m2 accommodation in 24 luxury suites, with an extra 765 m2 planning consent entitlement, on a 19,000 m2 plot, is a retro-restored and modernised (reconstituted with near-archaeological precision, to be exact), Venetian feudal farmstead, from the times – over 600 years ago – of the Dutchy of the Aegean, a Venetian Republic dependency, the Dukes of which held from the Venetian Doges’ Sanudo dynasty. The property is entitled to further planning consent, for some 765 m2, plus large heated swimming pool, for both hospitality or residential use, to be architecturally adjoined to one of the existing structures.

This unique property is located in one of the very few green islands of the Aegean, the island of Andros, known for its proliferation of Greek poets and Greek shipping families. This contemporary-comforts’ hospitality property, with its distinct quaint Venetian aura, is an architectural labour of love, reflecting a history and an architecture from a Renaissance era, long past, but still there to be cherished by whoever acquires it. There is a small chapel bordering the property, ideal for stupendous weddings or even super romantic proposals, enhanced by a backdrop of golden and blue Greek horizons and the mystical views of the Aegean, offering memories never to leave the lucky few.

Andros is renowned for its walking / hiking routes, originally some 300km. long, of which some 170km are fully restored and enjoyed by thousand hikers, almost all year around. The varied landscape of Andros offers a treasure trove of hiking experiences. In one day it is possible to pass through lush green landscapes with gushing waterfalls, cross a rugged mountain and descend through ancient walled terraces on a hillside, to a sandy beach on the shores of the Aegean.

The property, with underfloor heating installed in most rooms, is near-ready to be operated as a super-de-lux boutique hotel, with the final personal taches of the new owner on the décor, furnishings, art  and its gardens to be added and its charming gourmet restaurant and dining terraces to be equipped and operated. The property would be enhanced by a large all season heated swimming pool (still to be built), with potential luxury spa and wellness  facilities. The whole operation would be enhanced by ample parking space for up to 40 cars, serving also guests of the restaurant, which could be open to non-resident guests and be operating all year round, planned to be serving cuisine régional fine dining.

Optionally, the operations could extend the level of LCET (Luxury Curated Experience Touring) hospitality, of combining it a with private yacht for the guests’ daily excursions to remote coves and beaches, as well as, with airconditioned cars and private coaches at guests’ disposal, to take them to any of the many evening  art events around this big-art and green Greek island.

The property is offered at a fair price, to be provided on request, but what makes it very special, as an investment, is that a bona fide investor of this project could be entitled to secured 65% finance from Greek banks on excellent terms and interest (part of which being EU subsidise-loaned at 0.35% interest) and with many more subsidies (up to 50% of costs) for environmental compliances, promotion and advertising, subsidised employment costs for two (2) years and various tax breaks. In short, an investor would need to contribute no more than 30% or so of the total budget. The rest would be bank loans, pup to half of it on subsidised stupendously low interest and some actual subsidies, i.e. grants.

Thalatta.Homes and its expert specialists partners would guide you and facilitate your business licensing and funding, even on a turn-key level, if it would be so desired.

In Greece, it is common, unfortunate, practice that estate agents would attempt to receive commissions from both the seller and the buyer, something that most people and certainly <strong>TTUK</strong>, would consider a serious conflict of interest. Some may even often suggest that you use the same lawyer as the seller (‘’to save money and time’’) and (even worst) to use the same Notary Public. <strong>TTUK</strong>, a UK company and its UK-bread directors act and will act exclusively as Buyer’s Agents, i.e. would be looking after the interests of their clients – in this instance, the buyers.

All you would have to do, as it is your legal right, is to inform a seller’s agent, that you intent to engage a buyer’s agent and that your agent (<strong>TTUK</strong>, if you would so decide), would contact them to handle the process on your behalf. Alternatively, you could ask us to perform this task – and we would oblige readily. Most estate agents, would accept it and agree. A refusal would betray bad faith, in most people’s opinion.

All about the Greek Residency Visas

Relocating and residing in an EU country, bathed in sunlight and blessed with superb clean sea-beaches and worm climate, like Greece and being able to travel all over the EU unencumbered, is a wish of many, but it is not a free option of all who wish it. EU member countries’ nationals can do just this, as well as engaging in any form of business activities, while residing in Greece.

For non-EU member countries’ nationals, residing in Greece is less free, requiring a Residency Visa, such as;
• a Greek Golden Visa (GGV) of a 5-year duration, allowing access to the Schengen Area, obtained via an investment of a sum, from € 250K, to € 400K or € 800K – it is worth noting, that there are still, some – very few – remaining Greek Golden Visas, for € 250,000, in Athens, as well as, a few others for € 400,000, in very desirable country locations,
• a Greek FIPs (Financially Independent Person’s) Visa, obtained by supplying proof of a monthly secure income (for example a pension of same amount) of at least € 3,500 per applicant, plus 15% for ones’ spouse, of 3-year duration, allowing access to the Schengen Area,
• a Greek DM (Digital Migrants) Visa of 2-year duration, obtained by supplying information of ones’ business or services derived income, allowing access to the Schengen Area.
Obtaining any of these three types of Greek Residency Visas, is perfectly possible and easily done, digitally by yourself or, as we strongly suggest, under expert guidance, provided locally by professionals, THALATTA.homes could introduce you to.

For Greek Residency Visas, please visit our www.thalatta.homes site or go directly to the appropriate section, https://thalatta.homes/residence-visas-available-in-greece/

Engaging in Businessing while a Greek Residency Visa holder

Having a Greek residency Visa does not automatically, enable one to engage in doing business in Greece (unless of course, one is a national of an EU member countries), but anyone, almost of any nationality, can do just that, through a Greek company, belonging to him personally or via a company of his, such as a UK registered LLC. Such a Greek company would be treated as any other Greek company, taxed at 22%, but equally so, being able to benefit from a multitude of EU and Greek Government support programs and subsidies.

For information regarding engaging in business in Greece, please visit our www.thalatta.homes site or, even better, go directly to the appropriate section, https://thalatta.homes/living businessing/

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