$2,241,900

Occaso occupies an elevated position within the upper reaches of Oia, set away from the village’s busiest pathways while remaining deeply connected to the character of Santorini’s most recognisable settlement. From its vantage point, the property looks across the caldera towards the open Aegean, with uninterrupted sunset views unfolding above the volcanic landscape and the stepped architecture of the village below. Dating originally to the 17th century and protected by the Ministry of Culture, the building has been carefully restored with a focus on preserving its historic identity and architectural integrity. The property remains firmly rooted in Santorini’s traditional building heritage, expressed through vaulted interiors, substantial masonry construction, softly curved forms and the organic relationship between the structure and the terrain into which it is set. The restoration has respected these original characteristics while allowing the building to function comfortably within a contemporary context. Currently operating as a refined restaurant, the property also presents significant potential for conversion into a private residence. The existing layout unfolds through a sequence of interconnected spaces that reveal themselves gradually, creating a natural sense of progression throughout the building. Thick walls, arched volumes and carefully proportioned openings contribute to an atmosphere of calm and enclosure, while selected views towards the sea and the village maintain a constant connection to the surrounding landscape. One of the property's most distinctive historic elements is its original underground cistern, which has been preserved and integrated into the overall composition. More broadly, the architecture reflects centuries of adaptation to Santorini’s climate and topography, with sheltered spaces, substantial construction and carefully considered transitions between interior and exterior areas creating a sense of permanence that is increasingly rare. The outdoor areas unfold across a series of terraces positioned at different levels of the site, each oriented towards the caldera and the changing light across the volcanic cliffs. The highest point of the property opens onto panoramic views across the sea, the caldera and Oia itself. Throughout the day, the shifting sunlight alters the character of the architecture, accentuating the sculpted forms and textured surfaces that define the building. While deeply connected to Santorini’s architectural heritage, Occaso retains considerable flexibility for future use. Selected images included are AI-generated visualisations intended to illustrate the potential conversion of the property into a private residence while highlighting the adaptability of the existing structure beyond its current operation. Located within walking distance of Oia’s restaurants, galleries and boutique hotels, yet discreetly positioned away from the village’s busiest circulation routes, the property combines privacy, historical significance and a direct relationship with one of the most celebrated landscapes in the Aegean. As evening light settles across the caldera, the architecture gradually becomes part of the landscape itself, its historic forms framed against the sea and volcanic horizon beyond.