At a Glance:
Region: Saronic Gulf Islands
Prefecture / Location:
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: Medical center / Elderly center / Residential use
Built in / year: 1971
Last Renovation / year: 2004
Accommodation
Type of Accommodation: Seafront / On the beach
Hotel Facilities: Swimming pool, Restaurant of 160 people, indoor bar, fitness center, Billiards hall.
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 and Rocky
Number of Beds: 120 Beds (60 rooms)
Total builded area in m2 : 3 350
Land size in m2 : 1 350 m2
Land characterization : In urban planning
Remarks :
Development potential
Further permitted building area (m2): n/a
Subprojects / Remarks:
Available land attached (m2): 1 200 m2
Distance from
The beach: Beachfront
Airport: 60 km
Heliport:
Seaplane Terminal:
Harbour: 8 km
City / Village: 3 km
Medical Center: 3 km
Marketing Data
The hotel operates: 8 months
Agreement with Tour operators:
Wider area development: The island is a beautiful, verdant island, located just 17,5 nautical miles from Piraeus Port. It is characterized by its idyllic landscape, important history and island charm. The Island is a wonderful destination for vacations all year round. Its close proximity to Athens and in general Mainland Greece, means that it is a popular weekend holiday spot for many Athenians, as well as vacationers in Athens who want to do a bit of island hopping. The island has an excellent tourist infrastructure.
Tax data
Type of Transaction: Company sale or Property sale
Tax / Remarks:
Financial Data
Selling price € : 2 700 000 (Updated: Nov, 2016)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees :
Profit before Depreciations & Taxes / € : 250 000
Average yield / % :
Payback period / years :
Average Occupancy / % : from 40% to 50%
Government Financial Support: There is a free Financial Support on the investment
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