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Hotel for Sale in Greece - Full Description
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Hotel Ref.: 1245/06 Back to Search results

At a Glance: Seaside hotel for sale, 106 beds, 2 swimming pools, from the beach 200 m, close to International airport, the hotel situated in the most beautiful area of the island

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: 1994

Last Renovation / year: 2016


Accommodation

Type of Accommodation: Near the sea /

Hotel Facilities: 2 swimming pools, children's playground, pool bar, indoor bar, dining room, lounge, parking, Conference room for 120 persons

Room Facilities:

No. of elevators: There are no elevators

Max No. of Levels (floors):

No. of buildings:

Hotel view: Sea View

Between the hotel and the beach:

Beach landscape: Sandy

Number of Beds: 106


Total builded area in m2 : 2 497

Land size in m2 : 13 000

Land characterization : Outside urban planning

Remarks :

Development potential

Further permitted building area (m2):

Subprojects / Remarks:

Available land attached (m2): 70 000

Distance from

The beach: 200 meters

Airport: 9 km

Heliport:

Seaplane Terminal:

Harbour: 9 km

City / Village: 9 km

Medical Center: 9 km

Marketing Data

The hotel operates: 6 months

Agreement with Tour operators:

Wider area development: The hotel is situated in the most beautiful area of the island just 9 kilometers from the International airport. The Hotel is a balcony over the Ionian Sea.

Tax data

Type of Transaction: Company sale

Tax / Remarks:

Financial Data

Selling price € : 4 400 000 (Updated: May 5, 2016)

For the investor

Revenues / € :

Operating Expenses / € :

No. of employees : 11 employees X 6 months

Profit before Depreciations & Taxes / € :

Average yield / % :

Payback period / years :

Average Occupancy / % : from 85% to 90%

Government Financial Support: There is a free Financial Support on the investment


Important Notes: Click For Information

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