At a Glance: Seafront hotel for sale in wonderful vacation area. 107 beds. There are 2 Outdoor swimming Pools(one for children and one for adults), Reception, Salon, Bar, Pool bar, Restaurant
Region: Ionian Sea
Prefecture / Location: 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: 1978 - 1982
Last Renovation / year:
Accommodation
Type of Accommodation: Seafront Hotel for sale / On the beach
Hotel Facilities: There are 2 Outdoor swimming Pools(one for children and one for adults), Reception, Salon, Bar, Pool bar, Restaurant
Room Facilities: All rooms are air conditioned
No. of elevators: 1 elevator
Max No. of Levels (floors):
No. of buildings:
Hotel view: Sea View
Between the hotel and the beach: There are not any properties
Beach landscape: Sandy
Number of Beds: 107 Beds (59 rooms)
Total builded area in m2 : 2 000
Land size in m2 : 4 600
Land characterization : Outside urban planning
Remarks :
Development potential
Further permitted building area (m2):
Subprojects / Remarks:
Available land attached (m2):
Distance from
The beach: Beachfront
Airport: 17 km
Heliport:
Seaplane Terminal:
Harbour: 25 km
City / Village: 3 km
Medical Center: 3 km
Marketing Data
The hotel operates: 5 months
Agreement with Tour operators: from Germany
Wider area development:
Tax data
Type of Transaction: Property sale
Tax / Remarks:
Financial Data
Selling price € : 1 800 000 (Updated: Nov, 2016)
For the investor
Revenues / € : 300 000
Operating Expenses / € : 150 000
No. of employees : 12 employees X 5 months
Profit before Depreciations & Taxes / € : 150 000
Average yield / % :
Payback period / years :
Average Occupancy / % : from 75% to 80%
Government Financial Support: There is a free Financial Support on the investment
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