At a Glance: Luxury accommodation (96 beds, swimming pool) in Greece near the sea. Beach distance is 70 meters. The southern suburbs of Attica are in a seaside area with luxurious hotels only 15 km away from Athens and combine both urban and touristic residential zones
Region: Attica South Suburbs of Athens
Prefecture / Location: click here for info about South Suburbs
Sale type: Sale of 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: Shopping mall / / Medical center
Built in / year: 1964
Last Renovation / year: 2001- 2015
Accommodation
Type of Accommodation: Near the sea /
Hotel Facilities: Swimming pool, Restaurant, Conference room
Room Facilities:
No. of elevators: 1 elevator
Max No. of Levels (floors): 6 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: 96
Total builded area in m2 : 1 932
Land size in m2 : 1 200
Land characterization : In urban planning
Remarks :
Development potential
Further permitted building area (m2): n/a
Subprojects / Remarks: The use of the project can change into a shopping mall / medical centre / offices / luxurious apartments etc.
Available land attached (m2): n/a
Distance from
The beach: 70 meters
Airport: 30 km
Heliport: 30 km
Seaplane Terminal: 40 km
Harbour: 20 km
City / Village: In the city
Medical Center: 5 km
Marketing Data
The hotel operates: 12 months
Agreement with Tour operators:
Wider area development: The southern suburbs of Attica are in a seaside area with luxurious hotels only 15 km away from Athens and combine both urban and touristic residential zones as many shipping companies have settled there.
Tax data
Type of Transaction: Company sale
Tax / Remarks:
Financial Data
Selling price € : 10 600 000 (Updated: April 25, 2016)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees :
Profit before Depreciations & Taxes / € :
Average yield / % :
Payback period / years :
Average Occupancy / % : from 75% to 80%
Government Financial Support: There is a free Financial Support on the investment
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