At a Glance: City hotel near the sea for sale in Crete, 250 beds. There are countless beaches for all tastes: big, small, noisy, quiet or cosmopolitan and all of them are fascinating
Region: Crete
Prefecture / Location: click here for information about Crete
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: 1995
Last Renovation / year: 2009
Accommodation
Type of Accommodation: City Hotel / Near the sea
Hotel Facilities: 2 swimming pools (one for adults and one for children), 2 Restaurants for 250 people (one outdoor Restaurant for 150 people and one indoor for 100 people), a bar, a Fitness center, a livilg room, a Reception and a playground.
Room Facilities:
No. of elevators: There are no elevators
Max No. of Levels (floors): 2 levels
No. of buildings: 4 Buildings
Hotel view: Sea and Mountain View
Between the hotel and the beach: There are other properties
Beach landscape: Sandy
Number of Beds: 250
Total builded area in m2 : 1 300
Land size in m2 : 3 500
Land characterization : In urban planning
Remarks :
Development potential
Further permitted building area (m2): n/a
Subprojects / Remarks:
Available land attached (m2): 1 000 m2
Distance from
The beach: 200 meters
Airport: 7 km
Heliport:
Seaplane Terminal:
Harbour: 8 km
City / Village: 6 km
Medical Center: 6 km
Marketing Data
The hotel operates: 12 months
Agreement with Tour operators: from Russia
Wider area development: There are several archaeological sites of great importance in the area. There are countless beaches for all tastes: big, small, noisy, quiet or cosmopolitan and all of them are fascinating. Generally speaking, the wider area has the touristic infrastructure for a luxury stay.
Tax data
Type of Transaction: Property sale
Tax / Remarks:
Financial Data
Selling price € : 2 500 000 (Updated: March, 2015)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees :
Profit before Depreciations & Taxes / € : 600 000
Average yield / % : 24
Payback period / years :
Average Occupancy / % : Over 90%
Government Financial Support: There is a free Financial Support on the investment
|