Hibiscus House, Galatas
Residential property for sale
Galatas, Peloponnese
€450.000
(€1891 /m2)
Large country house with wonderful views and close by beaches
Reference:
Location:
Sub-location:
GD270424
Galatas, Peloponnese
Ag. Serafeim
Digital ID:
Applied for
Readiness Score:
9/15
Eligible for Greek Golden Visa:
Yes
Living space:
Plot size:
Floors:
Bedrooms:
238 m2 (TBC)
1236,50 m2
3
6
Bathrooms:
Condition:
5
Good
Real Estate Description
This is a lot of house with the potential to be used as one holiday home for a large family or can provide an income by renting the ground floor self-contained apartment as well as the garden studio but keep the still considerable sized top two floors for private use. Easy to get to from Galatas, only 10 mins away, and perfectly located to explore the beautiful Peloponnese coast with the option to pop over to Poros easily. This property would qualify for a Greek Golden Visa although the new 2024 rules mean that you won't be able to holiday let. Contact me for more information.
Summary Points
3 floors
Lower ground floor:
Separate with independent entrance door to living room, 2 bedrooms, 1 bathroom, 1 kitchen.
First floor:
Large covered logia style balcony to two sides overlooking the garden.
Large sitting room
Open plan to kitchen/dining room (with a door to the BBQ/oven patio in the garden)
Master bedroom suite with shower room
Stairs to the top floor (passing the garden kitchen).
Top Floor:
Two large bedrooms both ensuite
Sunroom with glazed doors to the upper terrace with stunning country views and tempting glimpses of the sea.
In the garden:
Small guest studio (6th bedroom)
Garden Kitchen
Patios & traditional BBQ Oven
Storage room
Water feature
Well-established fruit and olive trees
Multiple scented & flowering Mediterranean plants
Features
Street gates to drive with off road parking and covered car port.
Air-conditioning
Traditional fireplace
Fitted kitchens (appliances include built-in oven/hob/extractor and dishwasher
External storage room is plumbed for a washing-machine
Patio off the main kitchen has a pergola and traditional BBQ/oven
The entire plot is bound with chain fencing and is secure for pets
The garden surrounds the property on all sides and is abundantly planted with flowering shrubs, herbs, cactus, fruit and olive trees.
There is a water feature in the garden that has been variously used as a child's paddling pool, a fish pond and duck pond. It's empty now waiting for someone to use it again.
Neighbourhood
This property is about a 10 minute car drive from the harbour at Galatas (opposite) Poros, and is on the edge of the Lemon Forest going west towards Metochi. Even though it's in the countryside, there are plenty of neighbouring houses so it's not isolated. There are short cuts between the houses to walk to the beaches and there are two about 5 minutes walk away.
Utilities & Technical
The property is attached to the municipal supply for:
Water
Electricity
Sewage
There is a phone line and good internet connection
No Gas
And the hot water is heated with solar energy on the roof
Observations
This property is in good structural condition and was built by the owner himself. Unfortunately, like many builders, he has added about 106m2 of living space that will have to be legalized. It shouldn't take long but that's why I have given it a low readiness score. The Digital ID and legalization is in hand.
Please note that this house would qualify for a Greek Golden Visa as it is over 400k, more than 120m2. But you would not be able to holiday rent it. However, you would be able to get a return on your investment if you wanted to long-term let the lower ground floor and garden studio.
In my opinion, this house would rent well as a holiday let. Ideally with the housekeeper/manager living in the garden studio.
Viewing and extra information
To arrange a viewing or for more information (including plans, more photos, and current length of time to be able to go to contract), please contact me.