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Home for sale, Detached House 286 sq.m., Faros Armenistis
Home for sale, Detached House 286 sq.m., Faros Armenistis — image 2Home for sale, Detached House 286 sq.m., Faros Armenistis — image 3Home for sale, Detached House 286 sq.m., Faros Armenistis — image 4Home for sale, Detached House 286 sq.m., Faros Armenistis — image 5
Grade A+villa

Home for sale, Detached House 286 sq.m., Faros Armenistis

Mykonos · Faros Armenistis · Mykonos

€1M

Asking Price (EUR)

STR Restriction Warning

Greece requires an AADE short-term-rental registration number (ΑΜΑ/AMA) per property, displayed on the Airbnb/Booking listing. Single-property individual letting is taxed on the rental schedule (15/35/45%); 3+ STR units or hotel-style services trigger business/VAT treatment. New registrations are being restricted in saturated zones (a 1-year freeze hit central Athens in 2025) — most islands remain open, but verify the AMA and any municipal cap.

6.3%

Net Yield (after tax, all-in)

6.3%

Managed ROI (after tax)

16.8%

Gross Yield

53%

Occupancy

Net yield is after Greek rental income tax (modelled on the progressive non-resident schedule) and assumes deductible STR operating expenses — confirm the treatment with a Greek tax adviser. Properties let short-term must hold an AADE Property Registry number (ΑΜΑ).

Projected Gross Revenue: €187,715/yr
Average Daily Rate: €1055
Net Yield (after tax): 6.3%
Payback Period: 15.8 years
5-yr Capital Value: €1.2M
10-yr Capital Value: €1.3M
Brixfox Score: 93.9 / 100
Comparable Properties: 24
Data Confidence: 96%
Search Radius: 2 km

True Investment Cost

Greek transfer tax + notary + registry + legal + agent + furnishing & STR launch setup.

€1.1M

+11.5% over asking

Asking price€1M
agent€24,800
legal€9,920
furnishing€30,000
transfer tax€30,900
notary registry€19,630
All-in investment€1.1M

Estimates use Greece's resale property-transfer-tax schedule plus notary, land-registry and legal fees; furnishing & STR launch covers furniture, appliances, the AADE registration setup and launch photography. Actual notary & legal vary — budget extra for surveyor, due-diligence and bank-mortgage fees if financing. Working capital (2–3 months operating buffer) not included.

Bedrooms: 6
Bathrooms: 6
Building: 286 m²
Year Built: 2009
Energy Certificate: D

AADE Registration Status Unconfirmed

Short-term-rental registration unconfirmed — verify before purchase. Greek STR requires an AADE Property Registry number (ΑΜΑ); from 2025 new registrations are blocked in the most saturated central-Athens districts and additional municipalities may follow.

Score Breakdown

ROI
21.66
Visual Appeal
10
Ownership Security
13
Location
11.4
Land & Space
6
Rental Demand
5.27
Payback Speed
4
STR Suitability
2

Description

ID: 1770494, Βίλα, Φάρος Αρμενιστής, Ισόγειο, 286 τμ, 6 Υ/Δ, 6 μπάνιο/α ==Πωλούνται 2 βίλες με ιδιωτική πισίνα και με εκπληκτική θέα προς τη θάλασσα, το ηλιοβασίλεμα, την Σύρο και την Τήνο. Η τιμή πώλησης αφορά την παρούσα κατάσταση. Αναπτύσσονται σε 2 επίπεδα. Η μία βίλα είναι 149 τμ και η άλλη 137 τμ. Κάθε βίλα αποτελείται από καθιστικό με τζάκι, τραπεζαρία, κουζίνα, 3 υπνοδωμάτια με en-suite μπάνιο και αποθήκη. Εξωτερικά, κάθε κατοικία διαθέτει μεγάλο υπαίθριο χώρο και ιδιωτική πισίνα. --

Location

📍 37.4868°, 25.3167°

Mykonos, Mykonos, Greece

Listed via xe.gr
6-bedroom freehold villa in Mykonos — photo 1 of 5
xe.gr
6-bedroom freehold villa in Mykonos — photo 2 of 5
6-bedroom freehold villa in Mykonos — photo 3 of 5
6-bedroom freehold villa in Mykonos — photo 4 of 5
6-bedroom freehold villa in Mykonos — photo 5 of 5

Home for sale, Detached House 286 sq.m., Faros Armenistis

Mykonos · Mykonos · Ref BF-1541 Source verified · xe.gr · listed 24 Jun 2026
Asking price · Freehold
$1,086,957
Ownership
Freehold
Bedrooms
6
Bathrooms
6
Built area
286 m²
True net yield
10.6%
≈ $14,169/mo net after costs & tax
5-yr total return (net + appreciation)
16.5% / yr avg
Payback in ~16 yrs from rent
Brixfox Score 94 · A+

What nearby Airbnbs actually earn

Brixfox tracks the live availability calendars of Airbnb listings around this property. The rates and occupancy below are observed from real bookings — this is the data behind every yield figure on this page.

Location

Mykonos

Mykonos, Approximate area

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Airbnb Comp Analysis

Finding Airbnb comps...

STR Restriction Warning

Greece requires an AADE short-term-rental registration number (ΑΜΑ/AMA) per property, displayed on the Airbnb/Booking listing. Single-property individual letting is taxed on the rental schedule (15/35/45%); 3+ STR units or hotel-style services trigger business/VAT treatment. New registrations are being restricted in saturated zones (a 1-year freeze hit central Athens in 2025) — most islands remain open, but verify the AMA and any municipal cap.

Income Breakdown

Figures are modelled estimates derived from comparable short-term-rental data — not guaranteed returns or financial advice. Do your own due diligence before investing.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$1,146/night
50% ($573)Brixfox estimate($1,146/night)200% ($2,293)
Occupancy
53%
10%Brixfox estimate(53%)100%

Short-Term Rental

Indicative
Yearly income
$132,625
Likely range $79,575 – $185,675
Airbnb data$1,146/night · 53% occupancy
Rental income
$1,146/night · 53% occ.
$204,038
Running costs (20%)
Utilities, cleaning, maintenance
-$40,808
Income tax (10%)
Indonesian rental income tax
-$30,606
Net income
12.2% ROI
$132,625

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Mykonos.

$10.4M$7.8M$5.2M$2.6M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $1.0M
Capital appreciation
Property value growing at +4%/yr based on Mykonos market trends.
Rental income
Cumulative net rental earnings collected over time, growing with annual revenue increases.
Total return
Capital value + rental income. Your actual total position if you sold and kept all rent.
Paid back
Year 8: rental income alone has repaid the full purchase price.
2x return
Year 6: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$1.2M
+22%
Rental Income
+$648K
Total Position
$1.9M
+86%
13.3%/yr
Year 10
Capital Value
$1.5M
+48%
Rental Income
+$1.4M
Total Position
$2.9M
+188%
11.2%/yr
Year 20
Capital Value
$2.2M
+119%
Rental Income
+$3.3M
Total Position
$5.5M
+447%
8.9%/yr
Year 30
Capital Value
$3.2M
+224%
Rental Income
+$5.8M
Total Position
$9.0M
+805%
7.6%/yr

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Strong
12.2% annual return
Occupancy
Average
53% average occupancy
Nightly Rate
Strong
$1055 per night
Visual Appeal
Average
Not yet analyzed
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

High rental yield at 12.2% — outperforms most villas in this market
Premium nightly rate of $1055 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 53% — factor in seasonal gaps

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

33% occ.
8.2%
$7,403/mo
43% occ.
10.7%
$9,670/mo
53% occ.
13.2%
$11,936/mo
current
63% occ.
15.7%
$14,203/mo

Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Market factors in Greece may impact actual yields.