At a Glance: Distressed Sale. The number of beds are 110 (50 rooms). The hotel also has a private Health spa Hall, baths are filling up with mineral warm water that is coming from the hot springs near the hotel. The hotel is located in the town.
Region: East Sterea
Prefecture / Location:
Sale type: Sale of non operating hotel
Property type: Hotel for sale with star rating
Current Status:
Alteration of use: It is permitted to alter the hotel's use
Suggested Usage: Elderly center / Residential use / Medical center
Built in / year: 1980
Last Renovation / year: 2004
Accommodation
Type of Accommodation: Near the sea / Cliff Hotel
Hotel Facilities: Bar, the hotel also has a private Health spa Hall, with thirteen big personal baths in cabins. Those baths are filling up with mineral warm water that is coming from the hot springs near the hotel.
Room Facilities:
No. of elevators: 2 elevators
Max No. of Levels (floors): 5 levels
No. of buildings: 1 Building
Hotel view: Sea View
Between the hotel and the beach: There are other properties
Beach landscape: Sandy
Number of Beds: 110 Beds - 50 Rooms
Total builded area in m2 : 2 000
Land size in m2 : 600
Land characterization : In urban planning
Remarks :
Development potential
Further permitted building area (m2):
Subprojects / Remarks:
Available land attached (m2): 612 m2
Distance from
The beach: 200 meters
Airport: 3 hours by car
Heliport:
Seaplane Terminal:
Harbour: 2 km
City / Village: The hotel is located in the town
Medical Center: 5 minutes
Marketing Data
The hotel operates:
Agreement with Tour operators:
Wider area development: The hotel is located in the town and all the facilities of a small town to spend to holidays in.
Tax data
Type of Transaction: Company sale
Tax / Remarks:
Financial Data
Selling price € : 700 000 (Updated: Nov, 2016)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees :
Profit before Depreciations & Taxes / € :
Average yield / % :
Payback period / years :
Average Occupancy / % : .
Government Financial Support: There is a free Financial Support on the investment
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