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Hotel for Sale in Greece - Full Description
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Hotel Ref.: 1242/14 Back to Search results

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


Important Notes: Click For Information

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