At a Glance: Sale of seaside hotel in Crete, 215 beds, the long and beautiful beach is only 300 meters away, a lot of hotel fasilities, financial data. To find another more than 200 hotel for sale in Greece
Region: Crete
Prefecture / Location: click here for information about Crete
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: 1989 - 2004
Last Renovation / year:
Accommodation
Type of Accommodation: Near the sea /
Hotel Facilities: The facilities the hotel offers are: large swimming pool, with a smaller child's pool, electronic games, pool table, soccer and hockey table, backgammon and chess, two big screen televisions to view sports and movies, gym room and sauna (under construction).
Internet facilities in reception, restaurant (Breakfast, dinner buffet and a la carte), Pool Bar (Drinks and light snacks during the day), Mini Market (Fresh bread daily, foodstuffs, souvenirs and beach equipment).
Room Facilities:
No. of 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: Shingle
Number of Beds: 215
Total builded area in m2 : 3 145
Land size in m2 : 3 225
Land characterization : In urban planning
Remarks :
Development potential
Further permitted building area (m2):
Subprojects / Remarks:
Available land attached (m2): 3 400
Distance from
The beach: 300 meters
Airport: 30 km
Heliport:
Seaplane Terminal:
Harbour: 15 km
City / Village: 4 km
Medical Center:
Marketing Data
The hotel operates: 6 months
Agreement with Tour operators:
Wider area development: The long and beautiful beach is only 300 meters away. On the beach there's room for everybody, even for those who want privacy. There is also sun chairs for rent, and a number of restaurants, souvenir shops and taverns.
Tax data
Type of Transaction: Property sale
Tax / Remarks:
Financial Data
Selling price € : 4 300 000 (Updated: Nov, 2016)
For the investor
Revenues / € : 420 838
Operating Expenses / € : 206 600
No. of employees : 14 employees X 12 months
Profit before Depreciations & Taxes / € : 214 238
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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