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Seaside Property, Hydra

Commercial property for sale

Hydra Island, Greece

€2,500,000

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Commercial investment property right on the sea with a going concern (taverna) and possibility to convert buildings into guest house.

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.

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Reference:

Location:

Sub-location:

Digital ID:

Readiness Score:

HD150924

Hydra Island, Greece

Vlychos Harbour

Yes

13/15

Eligible for Greek Golden Visa:

Yes

Living space:

Plot size:

Floors:

Bedrooms:

Bathrooms:

Condition:

282 m2

1102 m2

2

6

6

Good

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.



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.

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.

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Kelsey Edwards

WhatsApp/Mobile: +30 698 813 1742

Email: kelsey@saronic.net

Contact Kelsey Edwards

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