Seaside Property, Hydra
Commercial property for sale
Hydra Island, Greece
€2,500,000
Commercial investment property right on the sea with a going concern (taverna) and possibility to convert buildings into guest house.
Reference:
Location:
Sub-location:
Digital ID:
HD150924
Hydra Island, Greece
Vlychos Harbour
Yes
Readiness Score:
Eligible for Greek Golden Visa:
-/-
Yes
Living space:
Plot size:
Floors:
Bedrooms:
Bathrooms:
Condition:
282 m2
1102 m2
2
6
6
Good
Commercial investment property right on the sea with a going concern (taverna) and possibility to convert buildings into guest house.
Sign up as a site member for lots more!
Real Estate Description
Located 10 meters from the sea overlooking Vlychos harbour, this property for sale is on a corner plot of 1102m2 with the ground floor of the building currently leased and operating as Marina's Taverna. In addition to income from the taverna, there are multiple buildings surrounding a large garden to the rear of the taverna that could be developed as guest accommodation. Built in 1980, the property was renovated in 2000 and the taverna was upgraded in 2023.
Read More >
This property is a corner plot at the top of the ramp and steps up from the Vlychos jetty. It is the location of the much loved Marina's Taverna.
In addition to the taverna, its kitchen, store room, customer bathrooms and ensuite staff bedroom, the property offered also includes: a two-bedroom top floor apartment, a two-bedroom apartment facing the sea and a one-bedroom garden apartment. There are multiple outhouses and store rooms at the back of a large cultivated vegetable garden.
< Hide
Summary Points
Main building ground floor:
Outside covered dining area
Large inside dining room with open plan kitchen, customer bathrooms & storage room
Large ensuite staff bedroom
Access to the garden to rear of dining room
Main building upper floor:
External stairs to loggia with shower room
Open plan sitting room
2 double bedrooms
Kitchen
Large sea and beach facing balcony
Apartment 1:
Gate entrance, through garden to
2 double bedrooms
1 kitchen
1 shower room
Apartment 2:
Gate entrance, through garden to
1 bedroom
1 sitting room
1 kitchen
1 shower room
Features
Some air-conditioning
Fireplaces
Multiple outbuildings
Massive cisterna with a flat roof to the side of the garden
Very fertile garden for anyone wanting to grow vegetables
Right on the sea front
Neighbourhood
Vlychos is still a property Greek village and is a popular beach destination on Hydra.
The property is very close to the Haralambos Chapel which is frequently used for weddings making Marina's Taverna a popular wedding reception location.
In addition the taverna is immensely popular with locals and visitors alike as a must go to place for traditional events and celebrations.
Utilities & Technical
Mains supply for:
Electricity
Water (desalinated)
Sewage
The property also has a freshwater cisterna to collect rainwater.
Observations
As an investment opportunity, this is a must see as it's the only commercial property right on the seafront that's left on Hydra.
The taverna has a good tenant in place. The top floor, apartments and garden have lots of potential for a guest house.
_edited_edited.png)
Kelsey Edwards