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Aethera
Estates · Hellas
Inquiry
Aethera Hills Santorini
In Construction · 58%Luxury Mixed-Use Residential Community21 of 38 available

Aethera Hills Santorini

A cliffside community above the Aegean caldera.

Imerovigli, Santorini Starting €1,450,000
Explore Residences
Construction Progress
58%
GroundbreakingTopping OutHandover
Investor Inquiry
Project Overview

A cliffside community above the Aegean caldera.

  • 38 cliffside residences and villas
  • Boutique retail lane
  • Wellness retreat & yoga pavilion
  • Infinity-view architecture
  • Subterranean parking & service spine
  • Private funicular to the lower terraces

Aethera Hills is a low-density Mediterranean lifestyle community of 38 cliffside residences, a boutique retail lane and a private wellness retreat, sculpted into the Imerovigli ridge with uninterrupted sunset views over the caldera.

Vision

An intimate cliffside community where Cycladic heritage architecture meets contemporary luxury — built for buyers who value scarcity, privacy and view permanence.

Developer Positioning

The ultra-luxury private residence offer of Santorini, designed to outperform comparable European cliffside markets such as Positano, Capri and Èze.

Architectural Identity

Cave-house typology reinterpreted with vaulted volumes, white lime renders, hand-cut volcanic stone and frameless glass openings to the caldera.

Lifestyle Concept

Private chef program, sunset wellness rituals, helicopter and yacht transfers, members-only retreat lounge, and curated cultural and culinary calendar.

Investment Appeal

Santorini cliffside inventory is structurally constrained by heritage rules — supply scarcity drives premium pricing and exceptional capital growth.

Location

A defining address.

On the most photographed ridge of the island, between Fira and Oia, with 270° caldera views and the calmest microclimate of Santorini.

Santorini Airport9 km · 16 min
Athinios Port11 km
Private HelipadOn-site
Yacht TransferAmmoudi · 12 min
Location
Nearby
  • Oia Sunset Point · 7 km
  • Fira Caldera Walk · 2.4 km
  • Skaros Rock · 600 m
  • Ammoudi Bay · 8 km
Pricing & Availability

Unit composition

Starting
€1,450,000
Average
€4,250,000
UnitTotal SizeInterior / TerraceAvailablePrice
Cliffside Cave Suite92 m² · 990 sq ft72 m² / 20 m²6from €1,450,000
Caldera Residence168 m² · 1,808 sq ft128 m² / 40 m²8from €2,890,000
Sunset Villa295 m² · 3,175 sq ft224 m² / 71 m²5from €5,200,000
Estate Villa640 m² · 6,889 sq ft480 m² / 160 m²2from €12,400,000
Price per m²
€16,800 / m²
Price per sq ft
€1,560 / sq ft
Available Units
21 / 38
Floor Plans

Architectural typologies

LIVBRTER
Cliffside Cave Suite
92 m²
1 bed1.5 bath
LIVBRTER
Caldera Residence
168 m²
2 bed2.5 bath
LIVBRTER
Sunset Villa
295 m²
3 bed3.5 bath
LIVBRTER
Estate Villa
640 m²
5 bed6 bath
Payment Plan

Structured installments

Reservation€60,000
On Contract20%
Construction Milestones50% over 20 months
On Handover30%

Optional managed short-stay programme operated by Aethera Hospitality post-handover.

International mortgage facilities arranged via Barclays Private Bank and HSBC up to 55% LTV.

Investment Returns

Capital appreciation & yield

Capital Appreciation (5y)+52% projected
Short-Stay Net Yield6.4% p.a.
Target IRR14.2%

Projections are forward-looking estimates and subject to market conditions. Independent valuations provided by CIM Financial Group.

Capital Appreciation

Projected value index

Indexed value trajectory based on Bank of Greece prime market data, comparable sales, and Aethera Capital internal modelling. Base = 100.

  • Santorini cliffside supply restricted by heritage decree — <1% new units annually
  • Average ADR for cliffside luxury rentals: €1,850/night (peak season)
  • Tourism arrivals to Santorini up 14% YoY
  • Comparable Mediterranean cliffside (Capri, Positano) trades at €25,000/m²+
100
2025
109
2026
118
2027
128
2028
140
2029
152
2030
Capital Appreciation (5y)
+52% projected
Short-Stay Net Yield
6.4% p.a.
Target IRR
14.2%
Construction Progress

Live from site.

Independently surveyed monthly progress reports. Audited photo-documentation distributed to investors quarterly.

Cliff Engineering
100%
Subterranean Spine
78%
Residences Structure
52%
Wellness Pavilion
34%
Groundbreaking
Q3 2023
Cliff Stabilisation
Q2 2024
Structural Completion
Q1 2026
Interior Fit-Out
Q4 2026
Handover
Q2 2027
Construction siteRenderInterior
Amenities

A complete lifestyle proposition

Private chef program
Concierge & housekeeping
Yacht & helicopter transfers
Wellness retreat membership
Wine & spirits cellar
Curated art program
Sunset infinity pool
Spa & hammam
Private dining pavilion
Cultural calendar
Private funicular
24/7 estate security
Gallery

Renders, interiors & site

A curated selection of architectural renders, interior detailing and lifestyle moments from Aethera Hills Santorini.

Aethera Hills Santorini signature render
Signature Render
Aethera Hills Santorini construction site
Live from Site
Aethera Hills Santorini — Signature Living Room
Signature Living Room
Aethera Hills Santorini — Private Terrace at Dusk
Private Terrace at Dusk
Aethera Hills Santorini — Infinity Pool · Golden Hour
Infinity Pool · Golden Hour
Aethera Hills Santorini — Master Suite
Master Suite
Aethera Hills Santorini — Marble Bathroom
Marble Bathroom
Aethera Hills Santorini — Residence Lobby
Residence Lobby
Aethera Hills Santorini — Interior Detailing
Interior Detailing
Aethera Hills Santorini — Lifestyle Pavilion
Lifestyle Pavilion
Aethera Hills Santorini — Aerial View
Aerial View
Investment Highlights

An institutional-grade opportunity

01

Architectural review by Cycladic heritage council

02

Tokenization-ready via Capimax RT

03

Insured by HCC Global Coverage

04

Limited inventory · only 38 residences

05

View permanence guaranteed by topography

06

Premium short-stay revenue programme

Digital Investment

Fractional & tokenized access.

Aethera assets are structured for institutional and digital co-investment via the Capimax ecosystem — combining SPV legal ownership with regulated tokenized participations on a blockchain-ready infrastructure.

Vehicle
Capimax RT · Real-Estate Token
Minimum Ticket
€10,000
Structure

Fractional residence ownership via Aethera Hills Token (ERC-3643), regulated under MiCA.

Inquiry

Begin a conversation about Aethera Hills Santorini.

Speak directly with the Aethera investment desk. Reservations open to qualifying investors and partners.

Reference
Project
Aethera Hills Santorini
Status
58% built
From
€1,450,000
Available
21 / 38
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