At a Glance: Seaside hotel for sale, 100 m from the beach, consists of 280 beds, 2 swimming pools, conference room for 300 people, restaurant, etc. The location is one of the most popular tourist destinations in Greece
Region: Ionian Sea
Prefecture / Location: click for info about Ionian Sea
Sale type: Sale of non 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: 1975
Last Renovation / year:
Accommodation
Type of Accommodation: Near the sea /
Hotel Facilities: 2 Swimming pools, Conference room for 300 people, Restaurant, 2 bars, 2 game rooms, Fitness center
Room Facilities:
No. of elevators: 2 elevators
Max No. of Levels (floors):
No. of buildings:
Hotel view: Sea View
Between the hotel and the beach: There are other properties
Beach landscape: Sandy
Number of Beds: 280
Total builded area in m2 : 6 000
Land size in m2 : 16 000
Land characterization : Outside urban planning
Remarks :
Development potential
Further permitted building area (m2):
Subprojects / Remarks:
Available land attached (m2):
Distance from
The beach: 100 meters
Airport: 9 km
Heliport:
Seaplane Terminal:
Harbour: 8 km
City / Village: 8 km
Medical Center: 8 km
Marketing Data
The hotel operates: 6 months
Agreement with Tour operators:
Wider area development: The location is popular with couples and groups of friends who want a little bit of nightlife and a lot of atmosphere. There are many bars, tavernas and discos.
Tax data
Type of Transaction: Company sale
Tax / Remarks:
Financial Data
Selling price € : 5 300 000 (Updated: Nov, 2016)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees : 40 employees
Profit before Depreciations & Taxes / € :
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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