Savills | Estate with residential investment opportunity, Batsi, Andros, Cyclades Islands | Properties for sale
3,229.17 sq ft(300 sq m)
Asking price €1,800,000

Estate with residential investment opportunityBatsi, Andros, Cyclades Islands

    Key features

    • 300 sqm neo-classical villa
    • Good location
    • Investment opportunity
    • c.8,000 sqm plot
    • Panoramic sea views

    The property consisting of a neoclassical two-storey house, built in the late 1800s, of about 300 sq m, surrounded by a unique plot of 8,000 sq m, is a great

    About this property

    • The Island of Andros, with its many small and large uncharted beaches, the interesting night life and the picturesque villages, constitutes a great holiday destination. The history of the Island and its longstanding cultural character offer numerous attractions and activities to the visitors. The island is serviced frequently by ferries from the port of Rafina, Attica (2 hours by ferry, 1 hour by a fast ship). The island is also connected directly with other Cycladic islands.

      This unique property consists of a large, landscaped plot of c. 8,000 sqm and a two-storey villa, covering a total built area of 300 sqm. It was designed by a foreign architect at the end of the 19th century, when Italian painters decorated the ceilings which maintain their original colors. The roof is made of cypress logs and is covered by byzantine tiles. The property offers a great potential for development into a hotel or residential complex. Indicative development proposals include (1) large hotel (new building) with private villas, (2) boutique hotel with private pool villas, and (3) exclusive residential development of up to 36 units. Total built areas, depending on the masterplan, could range from 2,000 to 5,000 sq m.

      There is also a second sale option that’s include the 300 sqm villa with the surrounding plot of 3,360 sqm. In this case the price is set at 1,300,000€.

      The existing residence is arranged in two levels; ground floor and the 1st floor. Both levels consist of a wide central hall with visiting rooms on each side. A stone-built staircase leads to an open-air veranda with built-in seats, at the front of the house. The old residential building is in need of renovation works.

    Local information

    • The property is located c.7 km from the port of Gavrion and only 500 m from the picturesque harbour village of Batsi and its beautiful sandy beach. The island of Andros is serviced by twice daily ferries from the port of Rafina which is a mere 40 minute taxi or bus journey from Athens International Airport. Andros being the greenest and second largest of the Cyclades is a popular weekend retreat for Athenians. It is a long way from becoming overcrowded and over rated like some of its siblings that boast airports for package tours and harbours large enough to accommodate the cruise ships.

    Additional information

    • 500 m from Batsi village and sandy beach

    • 7 km from Gavrio village and the Andros Port
    • 24 km from Andros capital (“Hora”)