At a Glance:
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: Operating with permit
Alteration of use: The alteration of the hotel's use is not permitted
Suggested Usage: Hotel use / /
Built in / year: 1973
Last Renovation / year: 2009
Accommodation
Type of Accommodation: City Hotel for sale /
Hotel Facilities: Reception, lounge, restaurant for 280 people, bar for 120 people, snack bar for 150 people, 1 outdoor swimming pools, 1 outdoor children's pool, Parking for 100 cars, etc
Room Facilities:
No. of elevators: 5 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: 300 - 450
Total builded area in m2 : 13 933
Land size in m2 : 9 573
Land characterization : Outside urban planning
Remarks : Hotel property for sale in Greece. Hotel real estate for sale - to buy hotel in Greece
Development potential
Further permitted building area (m2): 2 013 m2
Subprojects / Remarks:
Available land attached (m2): 1 300
Distance from
The beach: 2.5 km
Airport: 3.5 km
Heliport:
Seaplane Terminal:
Harbour: 4.5 km
City / Village: 3.5 km
Medical Center: 3.5 km
Marketing Data
The hotel operates: 12 months
Agreement with Tour operators:
Wider area development: The island is one of the most popular holiday spots in Greece, welcoming thousands of visitors from Greece and abroad every year. Due to its popularity, as well as its large number of permanent residents the island has a very well-developed tourist infrastructure, including tourist offices, travel agencies, car rental agencies, and shops of all kinds.
Tax data
Type of Transaction: Company sale or Property sale
Tax / Remarks:
Financial Data
Selling price € : Price Upon Request (Updated: December 2016)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees :
Profit before Depreciations & Taxes / € :
Average yield / % :
Payback period / years :
Average Occupancy / % : from 80% to 85%
Government Financial Support: There is a free Financial Support on the investment
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