At a Glance: To buy a hotel in Greece - Seaside hotel for sale near the sea, 150 m from the beach, 80 beds, 2 swimming pools, restaurant, it's located in wonderful vacation area
Region: Ionian Sea
Prefecture / Location: click for info about Ionian Sea
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: 1990
Last Renovation / year: 2003
Accommodation
Type of Accommodation: Near the sea /
Hotel Facilities: 2 Swimming pools, Restaurant for 120 people, indoor bar, pool bar, Fitness centre, mini market.
Room Facilities:
No. of elevators:
Max No. of Levels (floors):
No. of buildings:
Hotel view: Sea View
Between the hotel and the beach: There are not any properties
Beach landscape: Sandy
Number of Beds: 80
Total builded area in m2 : 1 603
Land size in m2 : 8 000
Land characterization : Outside urban planning
Remarks : Hotel property for sale in Greece. Hotel real estate for sale - to buy hotel in Greece
Development potential
Further permitted building area (m2): 200 m2
Subprojects / Remarks:
Available land attached (m2): 4 000 m2
Distance from
The beach: 150 meters
Airport:
Heliport:
Seaplane Terminal:
Harbour: 25 km
City / Village: 3 km
Medical Center:
Marketing Data
The hotel operates: 6 months
Agreement with Tour operators:
Wider area development: There has been touristic development in the area and the hotel is 3 km away from one of the most beautiful villages of Greece.
Tax data
Type of Transaction: Company sale
Tax / Remarks:
Financial Data
Selling price € : 5 500 000 (Updated: April 25, 2016)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees :
Profit before Depreciations & Taxes / € : 300 000
Average yield / % : 9,09
Payback period / years :
Average Occupancy / % : from 50% to 60%
Government Financial Support: There is a free Financial Support on the investment
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