Small Hotel Investment

Region: Saronic Gulf

Location: Agistri

Price: EUR € 1,390,000

Reference: 200022

Number of bedrooms: n/a

Property size: n/a

Distance from the beach: n/a

Distance from the town: n/a

Distance from the airport: n/a



The total area of the property is 1,000 sq. m. (10,763 sq. ft.) and the building itself is 400 sq. m. (4,305 sq. ft). Building commenced in 1976; it was built slowly in stages by the present owner and was completed in 2005. All buildings are constructed of concrete. Building has been approved by the Forestry Commission, Urban Planning Department, Fire Department and Health Department.

It also holds an EOT Licence (Hellenic Tourist Organisation). The property is situated in Skliri, close to Skala port, which is approximately 7 minutes by foot. The property includes a separate plot of land, presently used as a parking area of 236 sq. m. with ready Planning Permission for a two-storey building of 261 sq. m. in total if required. The permission has been granted to build either a private house or an extra 11 guest rooms. There is a small private secluded beach very close to the property. There is also the sandy beach of Halikadha, which is approximately 10 minutes by foot. The property has 9 bedrooms and is built on two floors. All the rooms and the common areas have air conditioning and all rooms are furnished and have a refrigerator and TV. All floors are laid with high-quality marble tiles.

Steps leading up to Ground Floor Entrance. Lobby with Reception/Sitting Area leading to Kitchen Area. 5 Double Bedrooms, having en-suite shower rooms and WC. All rooms have terraces with sea and pine forest views. The rooms also have views of the island of Aegina.

Wide path leading from road through gardens to First Floor Entrance. Lounge Area with stone fireplace. Terrace with sea and pine forest views. Large Kitchen area. Utility Room. 2 Double Bedrooms, having en-suite shower rooms and WC with sea and pine forest views. 1 Triple Bedroom, having en-suite shower room and WC with sea and pine forest views. 1 Single Bedroom, having en-suite shower room and WC with view of garden.

The external area is mainly stone paved and has a vast display of plants and Mediterranean foliage, which is regularly watered by an automatic sprinkler system. Lower Stone Paved Terrace Area with Pagoda and Well. Swimming Pool, 12.5 metres in length. Depth: 3.5 metres and 0.90 metres at shallow end. Pool is filled with fresh water from property’s own underground water filtration system. Shower. Steps leading to Upper Stone Paved Terrace, approx. 260 sq. m. (2,798 sq. ft.) with magnificent views over the Saronic Gulf towards the islands of Aegina and Moni. Large Bar Area with dishwasher and refrigerator. Separate WC. Fountain feature. Stone-built Barbecue. Large Stone-Built Dining Table. Large Store Room. Water Supply and Filtration Room. Steps leading up to a further small Stone-Paved Terrace, again with a spectacular panoramic view of the Saronic Gulf and the nearby islands of Aegina and Moni. Within a few metres of the Ground Floor Entrance there are steps that lead down to a secluded beach, rented from the island council by the present owner, giving a small additional income through the daily seasonal rental of beach facilities (sun-loungers, umbrellas, etc.) Alternative Uses for Property i) Private residence having Lounge Area with fireplace, fully equipped Kitchen, 4 Bedrooms, Swimming Pool, terrace bar, Barbecue, Garden, Private Beach and 5 separate Guest Bedrooms. ii) Private Club to host 19 persons. Breakfast, Restaurant and Bar facilities, Barbecue, Swimming Pool, Private Beach. iii) Bar/Snack Bar on large terrace. Fully licensed. Hosts approximately 160 persons.

Agistri is a small pine-covered island with a population of around 800 permanent residents. It has three main settlements, Milos, where most of the population live, Skala, the port area, which is approximately 30 minutes’ walk from Milos, and the smaller village of Limenaria on the other side of the island. There is a daily ferry service to Agistri from Piraeus, approximately 90 minutes, for both passengers and vehicles. There is also a fast Flying Dolphin hydrofoil service, approximately 45 minutes, for foot passengers. Skala is close to a long sandy beach with shallow safe waters. This is the island’s main tourist area and has many bars and tavernas. Limanaria can be reached by the small island bus and has a taverna that also sells hand woven fabrics. As Agistri is so close to the mainland, the island is also popular with the Greeks themselves, as a holiday or weekend destination. The island is approximately 15 minutes by local boat service from the island of Aegina and there is also a water taxi service to Aegina and to Piraeus if required. The island has both a Primary and Secondary School and there are also international schools in Athens on the mainland.

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