ITHACA GREECE This is your opportunity to own a standout boutique hotel in one of the Ionian Islands' most desirable waterfront locations. Situated right on the bay in the charming port town of Vathi, Ithaca, this well-positioned property offers the kind of walkable lifestyle today's travelers wantsteps to local shops and tavernas in one direction, and a peaceful beach in the other.Originally built in 2001 and fully renovated in 2010, the hotel is thoughtfully laid out across two storeys, with ten sea-view suitesfive on each levelranging from 28 to 42 square meters. Every suite includes its own balcony or patio looking out over the water, giving guests the experience they come to the islands for. On the upper floor, a spacious dining area offers panoramic views of the bay, while the ground level welcomes visitors with a large, inviting reception area.The total building covers 646 square meters on a 639-square-meter plot, and here's where the real upside comes in: the property includes a valid building permit for an additional 330 square meters of development. That means you're not just buying a turnkey hotel you're investing in future potential.Access is simple and efficient. Ithaca sits beside Kefalonia, which has an international airport and a direct 20-minute ferry or sea taxi ride to Vathi. That ease of travel, paired with the authenticity and beauty of the island, makes this location a winning combination for guestsand a smart move for investors.If you're looking for a boutique hotel with both character and scalability, in a prime waterfront setting, this is it.

Listing courtesy of Theodore Kyriazis of Theodore Kyriazis, Realtors

Based on information from the The MLS as of 2026-07-27 03:20 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.