The Greek islands are the most sought after travel destination in the world right now and hoteliers are taking advantage of the high demand by creating luxurious paradise escapes.

In deed, a day, or night in such a paradise will cost an otherworldly amount that for some equals to a monthly salary or even more.

There are currently five villas across the world that offer the best there is in terms of accommodation, service and location and two happen to be in Greece.

In fact, at the top of the list is a 360-square-metre villa in Megalohori, Santorini with five bedrooms and five bathrooms perched at the edge of a cliff.

The minimalist mansion even has a huge swimming pool looking into the Aegean sea and its own heliport at only $8,153 per night.

The only drawback is that guests are not allowed to smoke or bring their pets on the premises.

Slightly less costly but still sitting at the world’s third most expensive resort podium is another private villa in Apokoronas village, off Chania in Crete. At $ 2,795 per night it can host eight people.

It has four huge bedrooms, three bathrooms and offers breath-taking views of Souda Bay and the White Mountains.

Again, visitors are not allowed to smoke or bring pets along.

The other three villas are located in Malibu, California; Positano in Italy; and Waimanalo, Hawaii.

At the same time and in spite of Greek tourism being at a record high this year, the end of the summer tourism season will see up to 100 insolvent hotels and resorts around the country go to auctions as of today.

According to Naftemporiki, most of the properties having been foreclosed on by the four systemic banks in the country.

The Dodecanesian Doreta Beach hotel and spa in Rhodes, will be the first to go tonight starting bids off 12 million euros followed by the awarded Aigli hotel in the northern Evia resort town of Aidipsos, starting at 3.26 million euros.

Today will also see the four-star and 209-room Filerimos Village resort also on Rhodes up for at least 5.7 million euros.