Greece Andros Luxury Boutique Hotel Secured Lease For Sale

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Property Information

Real Estate:

Lease

Lease Terms:

A robust and exceptionally flexible lease secured until 2037, with the option to renew directly with the landlord upon expiry under mutually agreed terms. Monthly rent: €1,500 fixed, a rate that creates an extraordinarily low fixed-cost operating structure. Annual lease cost: €18,000.

The lease provides rare flexibility including:
The right to make structural interventions and additions without landlord approval.
The right to change use without landlord approval.
Full sublease rights without landlord approval.
Complete lease transfer to the buyer until 2037 under identical terms.

The lease is a structural asset, not a constraint.

Leasehold Rent:

€18,000 per annum

Living Accommodation:

There is no owner accommodation within the hotel complex. The island offers housing options nearby for management and staff. The business has been successfully operated remotely from Athens for 8 years with a local on-site management team, requiring no relocation for an international buyer.

Location:

Ow Andros Luxury Suites is located on Andros Island, the northernmost of the Cyclades, just 500 metres from the sea. Andros is situated on the same ferry route as Mykonos and Tinos, and is accessible in under 2 hours from Athens International Airport via the port of Rafina. The island is renowned for its natural beauty, cultural heritage, and understated luxury positioning, significantly less saturated than Mykonos or Santorini, yet benefiting directly from the same Cycladic tourism wave. 40% of bookings arrive from Mykonos travellers who visit Andros specifically to experience this property.

Premises Details:

The hotel operates within a 4,000 square metre private landscaped complex comprising:
5 Luxury Suites of approximately 50 square metres each, sleeping up to 4 guests.
Private 25 square metre Jacuzzi stage per suite, individual and never shared.
500 square metre architectural swimming pool, one of the largest on the island.
Main buildings: 250 square metres of well-maintained structures.
Auxiliary buildings: 50 square metres of support facilities.
Cycladic-style firepit lounge.
Landscaped garden with ancient olive trees, fruit trees, and a private vegetable garden.
Full reconstruction completed in 2018 at a cost of approximately €500,000. Maintained in like-new condition with detailed yearly maintenance. No immediate capital expenditure required. Delivered freshly painted and fully operational.

Size in square feet:

43,056

Planning Consent:

The property holds all necessary planning consents and operational licences for its current use as a luxury hotel. A full reconstruction and equipment renovation worth over €500,000 was completed in 2018 in compliance with all local regulations and building standards. The property is fully compliant with all relevant planning, building, and hospitality licensing requirements.

Business Operation

Management type:

This business is owner operated.

Expansion Potential:

The current 4-month season (June to September) reflects the previous owner's constraint of running the hotel alongside a primary advertising business. All infrastructure is already in place to extend the season to May through October or to operate year-round.

The hotel currently turns away outside guests daily requesting pool access, breakfast, and wellness services. Opening these services to external day visitors, with zero additional capital expenditure, produces conservative additional seasonal turnover as follows:
Pool access: €20 x 50 guests x 30 days x 4 months = €120,000
Luxury breakfast: €25 x 50 guests x 30 days x 4 months = €150,000
Wellness and massage: €85 x 20 guests x 30 days x 4 months = €204,000
Total additional upside: €474,000 per season before any season extension.

The property sits on 4,200 square metres of land with substantial additional space for sunbeds, F&B activity, and wellness sessions. Brand extension under the Ow platform (Ow Andros, Ow Mykonos, Ow Santorini) is an additional strategic opportunity for a multi-property buyer.

Competition / Market:

Ow Andros Luxury Suites is independently recognised as the Best Luxury Hotel, Best Romantic Gateway, and Best Wellbeing Hotel on Andros Island. The property delivers an Average Daily Rate of €375 with an 85% seasonal occupancy rate during its June to September operating period, outperforming the Greek national hotel average by a significant margin. With 254 verified reviews across all major platforms and a combined score of 9.8 out of 10, the property has one of the strongest reputation profiles in the Cyclades for its category. 95% of bookings are generated directly through the hotel website, eliminating OTA dependency and protecting margin. Andros remains significantly under-built in the luxury boutique segment compared to Mykonos and Santorini, providing strong pricing power and minimal competitive pressure for a well-positioned operator.

Reasons for selling:

The hotel was developed and operated as a joint venture between two partners. Following the dissolution of that personal and business partnership, the decision was made to liquidate the shared asset and divide the proceeds. The business itself is profitable, award-winning, and in excellent operational condition. The sale is entirely driven by the change in ownership structure and has no connection to the performance or prospects of the business.

Trading hours:

Seasonal operation: June to September (4 months), providing 24/7 guest service throughout the open period. The business has been successfully operated by a local on-site management team while the owner is based in Athens, a proven remote ownership model suitable for international buyers without relocation.

Employees:

4

Years established:

2018

Other Information

Support & training:

To ensure a seamless and risk-controlled transition, the owner provides:

Full on-site presence for 15 days before the 2026 season opening: staff coordination, supplier activation, inventory control, OTA configuration, pricing setup, and complete operational readiness.

Full daily on-site presence for 30 days after opening: training the new owner or appointed management team in all operational procedures, guest experience standards, pricing strategy, OTA management, distribution logic, supplier negotiation, and administrative workflows.

Complete transfer of operational know-how, including ADR positioning strategy, OTA optimisation framework, Meta and Google campaign logic, brand positioning guidelines, seasonality strategy, demand segmentation, and cost control methodology.

Direct introduction to all key staff, travel agents, OTA account managers, suppliers, and external partners.

Delivery of all operational manuals, SOPs, templates, checklists, and administrative procedures.

Full remote advisory support throughout the entire 2026 season, covering pricing decisions, performance monitoring, marketing direction, and strategic adjustments.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller financing may be considered on a selective and secured basis only.
Minimum 70% of the agreed purchase price payable in cash or bank transfer at closing.
Remaining balance payable within a maximum of 18 months.
Full personal guarantee required from the buyer, not limited to corporate liability.
Legally secured collateral required outside of the hotel business, for example, a mortgage or equivalent asset.
Offered only to financially verified buyers with demonstrable liquidity and collateral.

Furniture / Fixtures value:

€500,000 - included in the asking price

Inventory / Stock value:

€30,000 - included in the asking price

Website:

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Home based:

This business can be run from home