At a Glance: Hotel near the sea, 170 beds, Swimming pool, 2 Restaurants, Conference room, Fitness centre, 2 Bars, Shop
Region: Macedonia
Prefecture / Location:
Sale type: Sale of operating hotel
Property type: Hotel for sale with star rating
Current Status:
Alteration of use: The alteration of the hotel's use is not permitted
Suggested Usage: Hotel use / /
Built in / year: 1997
Last Renovation / year: 2008
Accommodation
Type of Accommodation: Near the sea /
Hotel Facilities: Swimming pool, 2 Restaurants (400 persons), Conference room (60 persons), Fitness centre, 2 Bars, Shop (60 m2).
Room Facilities: .
No. of elevators: There are no elevators
Max No. of Levels (floors):
No. of buildings:
Hotel view: Sea View
Between the hotel and the beach: There are other properties
Beach landscape: Sandy
Number of Beds: 170 Beds
Total builded area in m2 : 4 000
Land size in m2 : 2.500
Land characterization : In urban planning
Remarks : .
Development potential
Further permitted building area (m2): 600 m2
Subprojects / Remarks: Spa of 300 m2
Available land attached (m2): 800
Distance from
The beach: 150 meters
Airport: 90 km
Heliport:
Seaplane Terminal:
Harbour: 100 km
City / Village:
Medical Center: 10 km
Marketing Data
The hotel operates: 9 months
Agreement with Tour operators: Romanian tour operator. The agreement concerns 55 rooms for 4 years. Incomes 1 700 000 Euros
Wider area development: The location is one of the best holiday spots in Greece, due to its exciting nightlife, lush fauna and a splendid, organized beach.
The village is full of small parks, charming squares and tall pine trees. The beach is absolutely beautiful, with fine sands, blue waters, trees that offer shade and a variety of water sports facilities. The village provides its guests comfortable and carefree accommodation in high-quality hotels, as well as many restaurants, beach bars and clubs that cater to all types of visitors.
Tax data
Type of Transaction: Company sale or Property sale
Tax / Remarks:
Financial Data
Selling price € : 4 900 000 (Updated: April 25, 2016)
For the investor
Revenues / € : 1 000 000
Operating Expenses / € : 400 000
No. of employees : 3 employees X 14 months / 8 employees X 6 months / 2 employees X 8 months
Profit before Depreciations & Taxes / € : 600 000
Average yield / % : 11.32
Payback period / years : 8.83
Average Occupancy / % : from 85% to 90%
Government Financial Support: There is a free Financial Support on the investment
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