Westside Spiti, Hydra

Residential property for sale

Hydra Island, Greece

€600,000

(€7692 /m2)

Traditional little house with a huge view

Reference:

Location:

Sub-location:

HD230823

Hydra Island, Greece

West Hydra Harbour

Digital ID:

Yes

Readiness Score:

14/15

Eligible for Greek Golden Visa:

Living space:

Plot size:

Floors:

Bedrooms:

78 m2

TBC

1.5

Bathrooms:

Condition:

In need of renovation

Real Estate Description

Smashing little, traditional Hydra house for sale to keep as it is with little renovation. 1.5 bedrooms with wonderful uninterrupted harbour views from the top floor sitting room and terrace. Or the potential, at less expense than you might suppose, to remodel to have 2 ensuite bedrooms without compromising on character and easy living.

Summary Points

L-shaped
2 floors on top level, one floor on lower level
1.5 bedroom
1 shower room
1 kitchen
Large living room overlooking terrace and harbour views
Cisterna under terrace (one of the walls of the lower floor bedroom - possible bathroom)

Features

Spectacular harbour-facing views
No cables interrupting the view
Surprisingly easy walk up from the harbour
Spiral staircase
Morning sun on terrace
Very cool in the summer
Less harbour noise than experienced on the other side of the amphitreatre

Neighbourhood

This is a medium height from the west corner of Hydra harbour.

This side of the amphitheatre is much cooler than the other sun-facing side so it is very cool in the summer heat. The surrounding houses (including this property) are built into the mountainside so again are very cool in the summer, and there are no windows at the back of the houses.

For winter insulation against dampness and cold, the walls are traditionally over 80cm thick and of stone. And the property is slightly set back so is protected from chilly winter north winds by the houses around it.

The surrounding properties are a mix of full-time and part-time residential homes, so you will have Greek and international neighbours.

Utilities & Technical

Mains supply for:

Electricity
Water (desalinated)
Sewage

There is also a large cisterna below the terrace to catch rainwater (although it is in need of repair and empty at the moment.)

Observations

It would be possible to live in this property as it is without having to do much more than fixing a couple of doors. I would advise living with the property as it is for 12 months until you get a better feel for how you use it at different times of the year.

Personally, I'd spend about 200,000 on it once a simple building permit is obtained. (Takes about 6 months to get a permit). I'd certainly knock through into the cisterna from the downstairs bedroom to create an ensuite dressing room and shower room. I'd move the kitchen from its current position into the right-angle corner on the top floor and take down the internal dividing wall to the sitting room to make one large open-plan living room. What is currently the kitchen, I'd turn into a proper bedroom with the bathroom in its current position. I'd also reinstate the traditional staircase (which is still hidden at the back of the downstairs bedroom and get rid of the spiral staircase. To cope with today's modern electrical equipment, it would be advisable to upgrade the power supply to the property and completely rewire as there aren't enough sockets at the moment. The asking price plus 200k would mean that you wouldn't get a ROI for at least 5 years but it would hold its value and be worth the effort.

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.