The property is located in the Vorina area on the island of Ios, 150 m from Chora Iou and 350 m from the Bay of Ios (port), on the provincial road Chora–Port, within the traditional settlement of Germanolis. The property includes thirty (30) independent apartments with a total area of 1,741 sq.m., distributed across eight (8) traditionally styled buildings on two levels, each with 2 or 4 apartments, on a plot of 2,206 sq.m. It is in an unfinished state, at the stage of exterior plastering, and has an EOT (Greek National Tourism Organization) installation permit for “first-class furnished apartments.”