At a Glance:
Region: Attica North Suburbs of Athens
Prefecture / Location: Attica
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: Hotel use / Wedding Hotel / Business Meetings
Built in / year: 1985
Last Renovation / year: 2004
Accommodation
Type of Accommodation: Hotel for sale near Sea / Near a Town
Hotel Facilities: 1 Outdoor swimming pool, 1 indoor swimming pool, 1 Outdoor Children Pool, Spa, Gym, 1 indoor main bar, 1 pool bar, 2 restaurants, TV room, Conference centre for 250 people, ball room, Coktail Bar, exhibition floor, Outdoor facilities for 350 persons.
Room Facilities:
No. of elevators: 3 elevators
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 and Pebbly
Number of Beds: 225 beds
Total builded area in m2 : 4 847 m2
Land size in m2 : 4 576 m2
Land characterization : In urban planning
Remarks :
Development potential
Further permitted building area (m2): n/a
Subprojects / Remarks: n/a
Available land attached (m2): n/a
Distance from
The beach: 200 meters
Airport: 58 km
Heliport:
Seaplane Terminal:
Harbour: 55 km
City / Village: 200 meters
Medical Center: 10 km
Marketing Data
The hotel operates: 5 months
Agreement with Tour operators: from Poland, Russia, Hungary, Italy, China, Australia, U.K., France.
Wider area development: Taverns, luxury restaurants, bars,Ancient monuments, Byzantine monasteries.
Tax data
Type of Transaction: Property sale
Tax / Remarks:
Financial Data
Selling price € : 2 800 000 (Updated: Nov, 2016)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees : 15 - 20 employees
Profit before Depreciations & Taxes / € :
Average yield / % :
Payback period / years :
Average Occupancy / % : 80%
Government Financial Support: There is a free Financial Support on the investment
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