Santorini – Dual-residence property, private courtyard & wheelchair accessible – 1/6 Ownership €83,000!
At owners.gr, with the co-ownership model we enable more people to acquire a percentage of a high-value property by paying a portion of the acquisition cost and sharing the maintenance and operating costs with the other co-owners.
Experience unforgettable family holidays in the home of your dreams, without the hassle of exclusive ownership. Choose ownership shares from 1/6 to 3/6. Share the cost, multiply the joy.
Located in the traditional village of Karterados, just 1 km from Fira, this fully renovated Cycladic property spans 96 sq.m. and is configured as two independent residences of 47 sq.m. and 49 sq.m. respectively. The layout includes 2 bedrooms, 2 bathrooms, and 2 fully equipped kitchens, offering flexible use either as a unified home or two autonomous units. Each residence features a private entrance and outdoor courtyard, making it ideal for fractional ownership and income-generating use in one of Santorini’s most resilient real estate markets.
What is included in your share price
Property, All closing costs, Taxes, Lawyer, Interior design fees, Notary expenses & reserve account deposit.
Fully equipped property, with 80+ amenities
Yearly Management Expenses until Dec 2026 (Home manager, utilities services, property taxes, financial services, Insurance, home maintenance and repairs, landscaping, cleaning fees, pest control, management fee, use of OWNERS app, pantry items and home essentials).
When you’re not utilizing your time, OWNERS can handle rentals to third parties, helping you earn income from your share.
STEP INTO ELEGANCE
Layout & Functional Flexibility
The residence is designed to operate either as two independent units or as a single connected home, providing versatility for both private use and rental optimization.
Each unit includes:
• One bedroom with natural light
• Independent living area
• Fully equipped kitchen
• Modern bathroom
• Private outdoor courtyard
• Separate entrance One of the residences is a traditional Santorini cave house, a rare and highly desirable typology known for thermal efficiency and strong appeal in the short-term rental market. The property was fully renovated in 2018, introducing modern electrical and plumbing systems while preserving authentic Cycladic architectural elements.
Lifestyle & Location
Situated in a quiet residential area of Karterados, the property offers proximity to Santorini’s main infrastructure while maintaining privacy. Nearby points of interest include:
• 1 km from Fira center
• 400 m from bus stop
• 500 m from shops and restaurants
• 3.8 km from Santorini Airport
• 8.1 km from Athinios Port
• Close proximity to hospital and services This positioning allows easy access to the island’s commercial core while remaining outside high-density tourist zones.
MODERN AMENITIES AND EFFORTLESS LUXURY
The renovation combined traditional craftsmanship with modern performance standards.
Key upgrades include:
• Energy-efficient wooden frames with insect screens
• Polished cement finishes in Cycladic style
• Updated electrical and plumbing installations
• Solar water heater
• Full furnishing and appliances
• Wheelchair accessibility
• Connection to public sewage network Investment & Fractional Appeal The property’s dual-residence configuration provides strong strategic flexibility, allowing owners to combine lifestyle use with income generation.
Key investment advantages:
• Rare cave-house component
• High-yield short-term rental potential
• Flexible use (single home or dual income units)
• Strong demand location within Santorini ιn a destination defined by scarcity and global demand, value is driven not only by size but by positioning within a tightly constrained real estate environment — making this property a compelling candidate for fractional ownership in a globally recognized luxury market.
