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Hotel for Sale in Greece - Full Description
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Hotel Ref.: 1244/17 Back to Search results

At a Glance: .

Region: Thessaly

Prefecture / Location: Karditsa

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: 2008

Last Renovation / year: 2010


Accommodation

Type of Accommodation: On a mountain /

Hotel Facilities: 5 Spas, Snack Bar, 100 m2 Breakfast area and 25 m2 kitchen

Room Facilities:

No. of elevators: There are no elevators

Max No. of Levels (floors):

No. of buildings:

Hotel view: Views of the Lake and the Mountain

Between the hotel and the beach:

Beach landscape: Sandy

Number of Beds: 70


Total builded area in m2 : 1 750

Land size in m2 : 6 000

Land characterization : In urban planning

Remarks :

Development potential

Further permitted building area (m2): 2 000 m2

Subprojects / Remarks: There are already 3 buildings on the 6,000 m2 property which comprise this hotel. A building permit has already been issued to construct an additional 2,000 m2, which will consist of 3 buildings for hotel use (34 units – 65 beds), 3 tourist residences, one under-cover 50 m2 heated swimming pool and a 100 m2 restaurant.

Available land attached (m2): 10 000

Distance from

The beach: The Lake is situated at a very short distance from the hotel

Airport: 150 km

Heliport: 2 km

Seaplane Terminal:

Harbour: 160 km

City / Village:

Medical Center: 1 km

Marketing Data

The hotel operates: 12 months

Agreement with Tour operators:

Wider area development: The area’s main advantage is its religious tourism owing to the many 15th century monasteries. The Karditsa Prefecture in the Thessaly region is a major attraction for visitors from all over Greece and abroad. Karditsa is a beautiful destination, especially around the Lake Plastiras area at an altitude of 850 metres. Visitors can enjoy the breathtaking scenery with the spectacular colour compositions every season, the lush vegetation and the traditional villages that generate an atmosphere of serenity, where they can escape for enchanting walks along modern and undiscovered paths. The lake is an ideal site for alternative tourism and boating, with swimming activities during the summer months below the terrace in the beautiful and crystal clear waters.

Tax data

Type of Transaction: Property sale

Tax / Remarks:

Financial Data

Selling price € : 9 000 000 (Updated: December 2016)

For the investor

Revenues / € :

Operating Expenses / € :

No. of employees : 4 employees X 11 months

Profit before Depreciations & Taxes / € :

Average yield / % :

Payback period / years :

Average Occupancy / % : from 40% to 50%

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


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