sale of 4 Star hotel under construction in central Athens
Hotel for Sale in Greece - Full Description
Hotel Ref.:
1237/02
At a Glance: The hotel is located in central Athens, near the Greek Parliament. The hotel is under construction. There are building permits for the construction of Spa, Swimming pool,Conference rooms etc.
Alteration of use: The alteration of the hotel's use is not permitted
Suggested Usage: Hotel use / Spa Hotel / Business Meetings
Built in / year: New Construction
Last Renovation / year: Under Construction
Accommodation
Type of Accommodation:City Hotel/ Business Hotel
Hotel Facilities: Spa, Swimming pool, 2 Conference rooms for 230+150 people (A total of 380 people) and many other amenities and facilities.
Room Facilities:
No. of elevators: 2 elevators
Max No. of Levels (floors): 7 floors plus basement
No. of buildings: 1 Building
Hotel view: Panoramic view
Between the hotel and the beach:
Beach landscape:
Number of Beds: 98 Beds (49 Units)
Total builded area in m2 : 3 098
Land size in m2 : 454
Land characterization : In urban planning
Remarks :
Development potential
Further permitted building area (m2): The hotel is located in central Athens, near the Greek Parliament. It is adjacent to the hotel with code nr 1237/01 and belongs to the same SA company. Both hotels together are sold for 37 000 000 Euros. The two hotels can be joined and become one with a total of 271 beds (140 Units). Both hotels offer views of the Acropolis.
Subprojects / Remarks: There are building permits for the construction of Spa, Swimming pool, 2 Conference rooms and etc.
Available land attached (m2):
Distance from
The beach:
Airport:20 Km
Heliport: 20 Km
Seaplane Terminal:
Harbour: 8 km
City / Village:
Medical Center: 5 minutes
Marketing Data
The hotel operates:
Agreement with Tour operators:
Wider area development: Syntagma Square is the heart of modern Athens. Also known as Constitution Square, it is a huge public plaza stretching out in front of the Greek Parliament Building. The scene for many celebrations, the square has recently been refurbished as part of the development of the Athens metro system
Tax data
Type of Transaction: Company sale or Property sale
Tax / Remarks:
Financial Data
Selling price € : 37 000 000 (The present hotel with code no. 1237/02 Under Construction It is adjacent to the hotel with code no. 1237/01 and belongs to the same SA company. Both hotels together are sold for 37 000 000 Euros. The two hotels can be joined and become one with a total of 271 beds 140 Units). The selling price is not negotiable and includes the completion of the present hotel 1237/02. - (Updated: June, 2018)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees :
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Government Financial Support: There is a free Financial Support on the investment