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Stefania Tsokali
Senior Associate, Residential RE Agency
Hydra, Hydra, Saronic Islands
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Great positioning plot in the traditional settlement of Hydra Island
ID: 7257
FOR SALE
€650,000
150m2 Size
4 Bedrooms
3 Bathrooms
Exceptional and rare investment property in Hydra. Due to the strict architectural and archaeological context of the island, building opportunities on such plots are limited and valuable.
Key Property
Plot Area: 1,255.9 sqm. (buildable)
Building Potential: Up to c.150 sqm for a traditional residence.
Existing Elements: Old stone ruin, fencing.
Infrastructure: It already has water and electricity supplies.
Dimensions: Facade 50 meters / Depth 25 meters.
View: Unlimited to the sea and the coasts of the Peloponnese.
Important Advantages for the Buyer Ready Infrastructure: The existence of water, electricity and fencing saves time and a large cost of initial work.
Pre-existing Permit (1980): The fact that an older permit had been issued constitutes a strong "step" for urban planning and archaeology, drastically reducing the time for issuing the new building permit.
Uniqueness of Hydra: Vehicles are prohibited on the island, which ensures the quiet and unchanging value of the property over time.
Just 37 nautical miles from Athens in the Argo-Saronic Gulf, the long, narrow island of Hydra (or Ydra) is both cosmopolitan and tranquil. Donkeys and boats are the only form of transport as laws prohibit automobiles (except for a few small garbage trucks), mopeds, and even bicycles. Due to the island’s status as a national historic monument, strict building laws also regulate development, protecting Hydra’s traditional architectural style and enhancing its old-world charm. Access from Athens is 1 ½ hours by hydrofoil or 2 ½ hours by car to Metohi and then a small boat ride (Water Bus Service).