Seafront Investment Opportunity at Samos Town, Greece

9 Apartments + Retail Shop | Currently Fully Rented | High ROI Potential

A rare opportunity to acquire a fully rented, mixed-use building directly on the coastal promenade of Samos Town, combining stable income with significant upside for boutique hotel, tourism, or serviced-apartment conversion. 

Available for Sale or Long-Term rental.

For Sale: €1,100,000

For Rent: €5,500 / Month

Availability: Immediate

Property Description

A premium seafront property strategically positioned on the coastal road of Samos Town (Vathi),  the island’s capital and commercial hub. The building offers unobstructed sea views, balconies throughout, and independent utility systems, making it ideal for both investors and operators.

Basement

• Utility and service area for laundry, equipment, and storage
• Oil tank and technical maintenance space
• Suitable for facility or staff use

Ground Floor

• Spacious retail area of 110 sq.m. with wide street frontage
• Currently rented long-term
• Excellent visibility and high pedestrian traffic
• Separate access from the promenade
• Parking across and two large squares in less than 50 m. distance

First Floor

• Four studios (~ 30 sq.m. each)
• One two-room apartment (~ 45 sq.m.)
• All with balconies, sea views, and independent electricity meters
• Solar water heaters and fire safety systems installed

Second Floor

• Two studios (~ 30 sq.m. each)
• Two two-room apartments (~ 45 sq.m. each, one fully renovated)
• Panoramic sea views with balconies and windows all around

General Features

• Total: 9 apartments + 1 commercial unit
• Clear legal documentation and independent utilities
• Fire-safety compliant and structurally modern (reinforced concrete)
• Easy parking and dual street access

Total Built Area: ≈ 500 to 510 sq.m.

• Basement (Υπόγειο): ~ 90–100 sq.m. (utility, laundry, storage, technical)
• Ground Floor (Ισόγειο): ~ 100–110 sq.m. (commercial shop with separate entrance)
• First Floor (Α΄ όροφος): ~ 150 sq.m. (4 studios + 1 two-room apartment + storage)
• Second Floor (Β΄ όροφος): ~ 150 sq.m. (2 studios + 2 two-room apartments)

Business & Investment Potential

1. Passive Income Model

A secure, fully rented investment with stable long-term tenants that can generate over €70,000/year. Provides a 6% annual return, ideal for investors seeking stable cash flow with low management involvement.

2. Renovation & Yield Uplift

By modernizing interiors and common areas with a €50,000 – €70,000 renovation budget, rental income could exceed €6,500/month, raising the property’s value to €1.25M+. Offers both yield growth and long-term capital appreciation.

3. Boutique Apart-Hotel Conversion

The seafront location and independent apartment layout make this property ideal for conversion into a boutique aparthotel. Projected annual income:

• 6 months (April–September): ~ €137,700 (100% occupancy, €85 ADR)
• 6 months (October–March): ~ €64,650 (50% occupancy)

→ ~ €202,000 gross annual revenue, translating to a 12 ‘ 13% ROI after operating costs.

Why Invest in Samos

Samos is emerging as one of the most promising real-estate destinations in the Eastern Aegean, with a strong upward trend in tourism, infrastructure, and foreign investment.

• Over 35 million tourists visited Greece in 2025, with Samos among the fastest-growing islands.
• Direct ferry connections from Turkey (Kuşadası) operate from April to November, bringing thousands of daily visitors to Samos Town.
• New hotel developments and marina upgrades are transforming the island’s hospitality potential.
• Growing interest from European investors seeking affordable yet high-performing island properties.

Samos offers the ideal balance of authenticity, accessibility, and profitability, still priced lower than Mykonos, Paros, or Rhodes, yet with rising demand and yields.

Why Samos Town (Vathi)

Samos Town is the beating heart of the island, combining commercial vibrancy, tourism, and year-round demand.

It’s home to the main port, administrative offices, shops, banks, and restaurants, making it a 12-month economic center.

• Prime seafront visibility and strong footfall
• Walking distance from the port, marina, and town square
• 20 minutes from the airport
• 15 minutes from Kokkari and Pythagorio (the most popular tourist resorts)
• Ferry arrivals from Turkey, April – November, maintain high seasonal traffic
• Surging interest in apart-hotel investments and boutique stays

Investing in Samos Town means entering a stable, income-generating market with continuous demand, not limited to seasonal visitors.

Key Advantages

• Fully rented, producing income from day one
• Dual-use (residential + commercial) flexibility
• Sea views, balconies, and modern structure
• Legal utilities, solar systems, and safety compliance
• Ideal for hotel conversion or mixed-use income
• ROI potential: 6% (long-term) → 13% (hospitality model)
• Excellent capital growth outlook in Samos’ urban seafront