Detached Three Level Villa With Garden On Spetses — A Home That Reads Like A Summer Novel

Property Code: 7-646. Welcome to Spetses, the island where Greece wears its most timeless attire — horse-drawn carriages instead of horns, jasmine in the alleys, the Old Harbour like a scene from a film, and the sea always present, even when you can’t see it.

In Spetses you don’t come to “stay”. You come to linger. To linger waking up. To linger at the table. To linger deciding whether this island is a holiday or a return to something you had forgotten.

Just 15 minutes on foot from the Old Harbour — not in the bustle, but close enough to feel it like a memory — lies this three-level 145 sqm residence (basement–ground–first floor) on a 170 sqm plot. A home that doesn’t shout, doesn’t flaunt, doesn’t try to “sell” the island. It lives it.

Morning on Spetses Begins at the Front!
The small front balcony is not a view — it is a ritual. Two chairs, a little table, Greek coffee. You read. You hear footsteps, bicycles, horses. You need nothing more. At the rear, on the first floor, the second balcony opens the horizon. It doesn’t hand you the sea on a plate — it hints at it. A thin blue line in the distance, just enough to remind you that you are on an island, not a set.

A Home That Unfolds in Levels, Like Life!
You enter through a small, beautifully tended garden: lawn, mandarin trees, lemon trees, greenery that cools the eye; wooden benches and a table for the first coffee of the day or the last glass of wine after a walk to the harbour.

The residence develops across three levels, linked by an internal staircase that allows both autonomy, hospitality and investment flexibility.

Ground floor:
Two spacious bedrooms, bathroom, kitchen, flow, light. Three A/C units keep the space cool in summer and warm in winter.

First floor:Here life gathers: living room with fireplace to remind you that Spetses is not just July, a second kitchen, and a space that can function either as the owners’ private zone or as an independent hospitality level. Siemens and Bosch appliances are present, as they should be in a home that operates without question marks.

Basement:
The house slows its pace. Bedrooms with A/C, natural ventilation through barred & screened windows, second bathroom with bathtub and granite & marble cladding. A quiet, cool space, ideal for guests or for uses that want silence rather than light.

Overall: 4 bedrooms, 2 bathrooms, 2 kitchens — a home that can live as one unified narrative or be “split” into chapters.

Internal staircase, 2 sqm storage, wooden frames with double glazing, hot water from electric heaters. Energy Class C.

The Garden Is Not Decoration — It Is Breath:
The garden functions exactly as an island house garden should: not spectacularly, but essentially. Mandarin trees, lemon trees, green lawn, wooden benches. A place to sit without schedule. To return from the beach and not want to go inside just yet.

Why This Home Makes Investment Sense:
Spetses is not a “trend”. It is constant. Limited stock, strict building regulations, demand from people who know exactly what they are buying. Today, residences near the Old Harbour with genuine capacity for 6–8 people, a garden and independent levels, are extremely rare. The price of €600,000 equates to approximately €4.100/sqm — a level perfectly aligned with premium island properties, especially when it concerns a ready-to-use, furnished and fully functional home.

In short-term letting, Spetses remains a market of high daily value with limited competition in homes of this size and character. This property can function either as a private holiday home with selective exploitation, or as a pure investment with premium positioning — not mass  Airbnb, but a “house with a story.” Specific short-term data for Spetses indicate an indicative Average Daily Rate ~$430, Occupancy ~47%, and RevPAR ~$181. A simple RevPAR reading translates to potential gross annual revenue on the order of ~$66,000/year (181 × 365), before costs/management and with strong seasonality — where summer carries the heaviest weight of performance.

The Feeling at the End of the Day!
This is not a home for someone who counts only yields. It is for the one who wants to know their property will not depreciate, because it sits in a place that cannot be reproduced. But also for those international buyers who love the island of Spetses and want an asset with history: a base on Spetses, with garden, 4 bedrooms and two kitchens, that can function either as a family residence or as an elegant investment home with controlled, premium letting. On Spetses, homes don’t change hands often. When they do, there is usually a reason.

Available through PANTOU REALTORS. For those who invest in places with memory.