FOR SALE : 270,000,000 GRD

Opportunity to purchase outstanding property consisting of five levels of living space built over 364 sq.m. area.  Another 206 sq.m. of outdoor living space. Panorea is your dream family home or a business and residence combined. Either way it is remarkable value and a sound investment.  It has also been suggested that Panorea would make a good conference center for a non-profit organization.

Incorporating original 2 storey 19th century stone home and a detached 3 storey building of two newly constructed wings (built 1992). Situated high in the middle area of Hydra town this large property has a fabulous panoramic view that stretches from the main port of Hydra to the next village of Kaminia and across the sea as far as the Peloponnese and Dokos Island.
The Panorea  Property is currently used as an exclusive private guesthouse but can equally be lived in as a family home. It is being sold fully equipped. It features 14 guest rooms each with en suite bathroom, one handsome room of 35 sq.m.with high pitched wooden beam ceiling could double as a family entertainment room.  This large room also has a chimney in place for an open fireplace. 
Other rooms : 2 bed. staff flat, kitchen and large reception, laundry, two patio level w.c.s.
There are several terraces and a beautiful arched loggia providing views from all aspects of the multi-level building. Fruit trees and mature palms are planted about.
There is also enough room to build a swimming pool, if desired.

Land : The total area of  land is 570 sq.m.

Buildings : 
A’ 160 sq.m. 
B’ 204 sq.m.

A’ Building : 19th century stone semi-detached authentic Hydra house, composed of 2 floors. Top floor is at street level to the property - has open plan kitchen and large reception area. Opens front and back to terraces. Stairs lead down to staff flat: bathroom, 2 bedrooms and sitting room (kitchenette could be installed). This lower floor is hewn out of the rock and is very cool in Summer.

B’ Building : built on the ruins of a 19th century mansion. Composed of 3 floors it is arranged as two independent wings connected by an elegant covered loggia.
Each wing has its own entrance and could be arranged to function as two houses. 

Location : The entire property is free on three sides and surrounded by historic Hydra streets with an olive tree planted square to the North.  It is approximately a 10 minute walk to the sea.

Details : 
Each of the guest rooms in B’ Building have :
- tiled en suite bathrooms with WC and shower. 
- ceiling fan
- electric wall heating
- boiler for hot water 
- installation for telephone and TV reception. 

The buildings are in excellent condition and are painted white (interior and exterior) with Aegean blue custom made wooden windows, doors and louvred shutters. Neutral light grey ceramic floor tiles throughout. 

Furnishings Included :
 - Kitchen equipment (not new but in working condition all)
 - 2 fridges
-  2 electric stoves
- machine for ice cubes, etc. 
- double and single beds to sleep 35 people, 
- 16 metal coffee tables
- many metal and canvas white collapsible director’s armchairs
- 1 large elegant single slab white marble dining table 
- 2 smaller wooden tables
- Large patio canvas tent 
- several patio garden umbrellas

Extras :
Water – Panorea is supplied water via the municipal system. It also benefits from having its own rainwater supply. An auxiliary cistern supplies water through a big electric pump and can be sent to every part of the property within 60 seconds should there be a town water shortage.