At a Glance: Beachfront hotel for sale on a very nice sandy beach, 112 beds, restaurant for 120 people, 3 bars, swimming pool, golf court. The Hotel is situated in the popular tourist village
Region: Ionian Sea
Prefecture / Location: CORFU ISLAND click for info about Ionian Sea
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: 1985
Last Renovation / year: 2012
Accommodation
Type of Accommodation: Seafront Hotel for sale / On the beach
Hotel Facilities: Living room, Restaurant for 120 people, 3 bars, swimming pool, golf court
Room Facilities:
No. of elevators: 2 elevators
Max No. of Levels (floors): 3 levels
No. of buildings: 2 Buildings
Hotel view: Sea and Mountain View
Between the hotel and the beach: There are not any properties
Beach landscape: Sandy
Number of Beds: 112 - 135 (56 rooms + a house of 70 m2)
Total builded area in m2 : 2 400
Land size in m2 : 8 500
Land characterization : In urban planning
Remarks :
Development potential
Further permitted building area (m2): n/a
Subprojects / Remarks: Spa
Available land attached (m2): n/a
Distance from
The beach: Beachfront hotel for sale
Airport: 40 km
Heliport: n/a
Seaplane Terminal: n/a
Harbour: 2 km
City / Village: 40 km
Medical Center: 40 km
Marketing Data
The hotel operates: 5 months
Agreement with Tour operators: from UK, Germany, Russia, Brazil
Wider area development: This village is very popular and the tourism has been developed during the last twenty years. Today it constitutes one of the most popular destinations for young people, between 18 and 30, since it offers sea, sun and amazing nightlife.
Tax data
Type of Transaction: Company sale
Tax / Remarks:
Financial Data
Selling price € : 3 800 000 (Updated: May, 2017)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees : 17 employees X 6 months
Profit before Depreciations & Taxes / € :
Average yield / % :
Payback period / years :
Average Occupancy / % : Over 90%
Government Financial Support: There is a free Financial Support on the investment
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