Two Sisters Town House, Aegina
Residential property for sale
Aegina Island, Greece
€410,000
Neo-classical town house (1881) to restore to its former elegant beauty, within 50 meters of Aegina town sea front.
125-year-old stone-built house for sale in Aegina Town. Go left to sea (50m).
125-year-old stone-built house for sale in Aegina Town. Go left to sea (50m).
Kelsey Edwards of Saronic.Net real estate and property buying agent for the Greek Saronic Islands.
125-year-old stone-built house for sale in Aegina Town. Go left to sea (50m).
Real Estate Description
Built in the 19th Century Neoclassical architectural style, this property is a gem of a prospect to be restored as a New Classicism delight. Located on the southern edge of Aegina Town and Harbour, this property for sale is only fifty meters from the seafront. Despite clumsy 20thC add-ons and arbitrarily draped cables, the building has beautiful bones and well-proportioned rooms. Once restored it will be an elegant, spacious home for a large family or those who like to invite guests to stay with them on the lovely island of Aegina.
Without obligation but to verify your ID, please login or sign up here to access my full survey description, all photos, video, location map, plans, and full technical details.
Enter Confidential Password
The password you have entered is incorrect. Please try again.
Reference:
Location:
Sub-location:
Digital ID:
Readiness Score:
AD090824
Aegina Island, Greece
Aegina Town
Applied For
11/15
Eligible for Greek Golden Visa:
No?
Living space:
Plot size:
Floors:
Bedrooms:
Bathrooms:
Condition:
235 m2
178m2
2
6
3
In need of renovation
Over the years, the original building has been extended and repurposed. It's currently configured as three independent areas all accessed from the entrance courtyard. How it could be finished, will of course depend on a buyer's requirements. It could be a large six-bedroom house, or left as three dwellings. The buyer could keep the top floor for themselves, rent the small extension as a residential let (as it is at the moment) and generate a regular income to off-set costs by holiday renting the ground floor apartment of the main house. The choice is yours but be assured of many options to consider.
Summary Points
Entrance courtyard from front street.
External steps to top floor reception rooms, comprising:
Entrance hall
Large sitting room with balcony
2 bedrooms
Dining room
Kitchen
Access to roof terrace with WC and Storage Room
Downstairs of main building comprises:
Narrow entrance hall
Large sitting room or bedroom
1 bedroom
Kitchen
WC
Ground floor extension comprises:
2 large rooms (bedrooms 5 & 6)
Bathroom
Kitchen
Features
Solid stone, deep walls
Arched windows
Original hardwood double interior doors
Wide wood plank flooring
Wooden ceilings
Bi-fold, louvre external shutters
High ceilings
Balcony from top floor sitting room overlooking front street
Quantity of excellent quality 1950s decorated tile floors.
Neighbourhood
This real estate is located on Achilleos Street approximately 50 meters down from the seafront on the south edge of Aegina Town. It is a part residential, part business area that is active at all times of the year. Between the houses and apartments which are mainly lived in year around, there are doctor's offices and a few small shops. The streets to the front and back of the property are narrow so traffic passes but can't park. Everything you need is within easy walking distance. As you look at the entrance courtyard from the street, there is a vacant lot to the left boundary, and to the right there is a two-story house.
Utilities & Technical
The property is connected to the mains town supply for electricity, water and sewage. Connection is located from the front boundary road.
Observations
This property will need a budget of at least double the asking price to renovate the building to its former glory.
The roof will need replacing and the walls stabilized. Some of the excellent old hardened wood for the windows, shutters and doors can be salvaged. All of the internal doors, also of old hardened wood can be restored. Leaks in the roof have caused water damage to some of the wooden floors which means all of the upper floor needs to be lifted and joists checked/replaced but quite a quantity of the original boards can be renovated and relaid. At some point, there was subsidence, evidenced by a slight slope towards the back corner of the main house, This was corrected/stopped with a buttress to support the corner installed in 1966/67.
The entire property needs to be rewired and replumbed.
This is a reasonably big renovation job and to my mind, it's important to work with an architect and construction engineer who are experienced at renovating property of this period. I will be happy to provide references.
For those seeking a Golden Visa, the initial investment (buying price) is not sufficient. However, if all receipts are kept when renovating, and if they total enough to prove a complete investment of €800,000, then a GGV could be applied for. Please contact me if you need a good GGV lawyer.
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.
_edited_edited.png)