Mykonos Luxury Villa for a High-Net-Worth Investor
€1,800,000 · 15 years · 4.50% fixed. A high-net-worth investor was purchasing a luxury villa in Mykonos's Aleomandra area, one of the island's most sought-after locations.
The Client
HNW Investors
The Challenge
A high-net-worth investor was purchasing a luxury villa in Mykonos's Aleomandra area, one of the island's most sought-after locations. The villa was intended for premium short-term holiday letting through a specialist Mykonos villa company at rates of €15,000--€25,000 per week in season.
Our Solution
Doulton placed the mortgage with a Greek private bank. The premium holiday letting income was documented through the villa company's comparables and existing booking pipeline. The investment case - Mykonos villas regularly achieve 8--10 week high-season occupancy at premium rates - was compelling.
The Outcome
Villa purchased. First season fully booked via the villa company. Gross rental income in year one: €380,000. After all costs and mortgage service, the investment is cash-flow positive. Key highlights: Premium Mykonos rental income fully documented; Greek private bank experienced in island prestige property; Cash-flow positive from year one after all costs.