Hydra bay estate 347.800sqm Featured

 
Hydra bay estate 347.800sqm
Hydra bay estate 347.800sqm
Hydra bay estate 347.800sqm
Hydra bay estate 347.800sqm

Estate of 347,800sq.m. ideally located in the Peloponnese coast.

The estate lies opposite the island of Hydra, at a distance of 22km from Ermioni and 20km from Galatas-Poros. The Athens International Airport is less than a three-hour drive.

The Peloponnese coast is rich in history, with several famous archaeological sites. With easy access from the capital, a favorable climate and its natural beauty it attracts both local and international visitors almost all year round.

High networth individuals have invested in the subject area during the last decade.

The land is eligible for touristic or second home development. It is divided in three parts:

A. The coastal section of 46,800 m².

B. The hilly section of 187,000 m².

C. The mountainous section 114,000 m².

A private forest of 449,200 m² separates the mountainous from the other two sections, ensuring that the property will maintain its unspoilt character.

The coastal section offers 400 m² frontage on a sandy beach - one of the very few in the wider area, suitable for water sport activities.

The land complies with the planning terms for properties outside the urban plan (Presidential Decree 538/D/1978, Article 8) which provides a scale development coefficient of 0.2 for the first 100,000 m² and 0.1 for the remaining surface.

Sections A,B and C are fully owned by a single legal entity, whereas the private forest is co-owned (50%).

Property info

Headline Eligible for touristic or second home development
Property Type Plot
Property Sector Residential
Transaction Type Sale
Size 347,800
Address GalatasTrizinias, Argolis
Structured Disposal No
Price / Rent On request

Location

Prefecture (District for Cyprus) ATHINON