At a Glance: For sale a non operating city hotel, located near the sea in Attica (West Suburbs of Athens), 78 beds. It is permitted to alter the hotel's use (elderly center, residential use)
Region: Attica West Suburbs of Athens
Prefecture / Location: Click here for info about West Suburbs
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 /
Built in / year: 1968
Last Renovation / year: 2004
Accommodation
Type of Accommodation: City Hotel / Near the sea
Hotel Facilities: Bar and breakfast hall for 78 people.
Room Facilities:
No. of elevators: 1 elevator
Max No. of Levels (floors):
No. of buildings:
Hotel view: Not with a particular view
Between the hotel and the beach: There are other properties
Beach landscape:
Number of Beds: 78
Total builded area in m2 : 1 350
Land size in m2 : 396
Land characterization : In urban planning
Remarks :
Development potential
Further permitted building area (m2): n/a
Subprojects / Remarks:
Available land attached (m2): n/a
Distance from
The beach:
Airport: 10 km
Heliport:
Seaplane Terminal:
Harbour: 3 km
City / Village:
Medical Center: 1 000 meters
Marketing Data
The hotel operates: 12 months
Agreement with Tour operators:
Wider area development: The hotel is in the city.
Tax data
Type of Transaction: Property sale
Tax / Remarks:
Financial Data
Selling price € : 4 800 000 (Updated: Nov, 2016)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees :
Profit before Depreciations & Taxes / € : 360 000
Average yield / % :
Payback period / years :
Average Occupancy / % : from 80% to 85%
Government Financial Support: There is a free Financial Support on the investment
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