The boat reached the sea area near the coast of Agios Georgios of Thermi 10 kilometers north of the city of Mytilini at about 3 after midnight.
But the strong winds literally threw her onto the rocks, local media reported.
The number of missing people remains, so far, unknown.
The bodies of two young people of African origin, a man and a woman aged about 25 to 30 years old, were recovered dead, while one more dead person has been identified and an attempt is being made to recover, media reported.
One injured person has been transferred to the Mytilini Hospital.
8 survivors have been transferred to the Kara Tepe Reception and Identification Center.
According to witnesses, there were a total of 36 people on board of the inflatable boat.
According to port authorities, the remaining approximately 24 passengers have escaped to the surrounding mountains, although it is not excluded that some of them may have fallen into the sea and drowned.
The investigations by The Coast Guard and the Greek Police are continuing the search and rescue operation.
