For the first time in the history of real estate auctions Sotheby’sthe famous house proceeds to auction in London of a luxurious Greek residence in Mykonos.

THE villa Silk Shadow, built in Agios Lazaros Mykonos, is scheduled to be auctioned next month through Sotheby’s Concierge Auctions in association with Greece Sotheby’s International Realty.

This is the first time a Greek luxury residence has been auctioned live in Europe.

With starting price between 2.5 and 3.5 million eurosthe property will be auctioned as part of Sotheby’s “The Luxury Sales” series, a series that covers properties from Hong Kong, London, Paris and New York, among others.

THE submission of tenders for the eight-bedroom luxury residence will launch online through the company’s marketplace, from May 22 and will culminate live on May 30 from Sotheby’s London.

The villa

mykonos villa auction

“Built in sunny Mykonos, Silk Shadow is a picturesque residence uniquely framed by the island’s vibrant atmosphere,” said Chad Roffers, CEO and co-founder of Sotheby’s Concierge Auctions.

mykonos villa auction

“This impressive villa, with potential to be source of income, is ready to become the dream home of the future owner and his guests – another testament to our platform’s ability to offer only the most exceptional properties to the most discerning bidders.”

mykonos villa auction

mykonos villa auction

“The property is a jewel in Agios Lazaros beachoffering discerning buyers the opportunity to acquire more than just a home – it is an invitation to a lifestyle distinguished by luxury and exclusivity” said Savvas Savvaidis, President & CEO of Greece Sotheby’s International Realty.

mykonos villa auction

mykonos villa auction

Photos from sothebysrealty.com