At a Glance: Beachfront hotel for sale, 200 beds, 2 Swimming pools
Region: Macedonia
Prefecture / Location:
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 / Resort / Wedding Hotel
Built in / year: 1989 - 2000
Last Renovation / year: 2008
Accommodation
Type of Accommodation: Beachfront Hotel for sale / Near a Town
Hotel Facilities: 2 Swimming pools, pool bar, indoor Restaurant for 120 people, Outdoor Restaurant for 100 people, Outdoor playground, Tennis court, TV Room, BBQ at the garden
Room Facilities:
No. of elevators: There are no elevators
Max No. of Levels (floors): 3 levels
No. of buildings: 8 Buildings
Hotel view: Sea View
Between the hotel and the beach: There are not any properties
Beach landscape: Sandy and Rocky
Number of Beds: 200 (83 rooms)
Total builded area in m2 : 3 680
Land size in m2 : 18 400
Land characterization : Outside urban planning
Remarks : The facade of the hotel to the sea is 185 meters long
Development potential
Further permitted building area (m2): 500 m2 (20 rooms)
Subprojects / Remarks: n/a
Available land attached (m2): 13 000
Distance from
The beach: Beachfront
Airport: 100 km
Heliport: 10 km
Seaplane Terminal: n/a
Harbour: 7 km
City / Village: 7 km
Medical Center: 10 km
Marketing Data
The hotel operates: 6 months
Agreement with Tour operators: from west Europe and Russia
Wider area development: The location attracts every year a great number of tourists as it offers a unique nature, remote bays, a sea clear as a crystal, beautiful small islands and picturesque villages where one can admire the traditional architecture. It also combines the sea with the mountain, peace and nightlife, ancient and modern culture. Every town has its own unique story and its own glory.
Tax data
Type of Transaction: Property sale
Tax / Remarks:
Financial Data
Selling price € : 6 750 000 (Updated: Oct 2018)
For the investor
Revenues / € : 685 000
Operating Expenses / € : 219 000
No. of employees : 20
Profit before Depreciations & Taxes / € : 466 000
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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