At a Glance: Seafront resort for sale in Crete, 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: It is permitted to alter the hotel's use
Suggested Usage: Hotel use / Resort / Convention Hotel
Built in / year: 1979
Last Renovation / year: 1989, 1993, 2007, 2008
Accommodation
Type of Accommodation: Seafront Hotel for sale / On the beach
Hotel Facilities: 1 outdoor swimming pool, 1 Indoor Heated Pool, 1 Outdoor Children Pool, 2 Tennis Courts, Main Restaurant , VIP a la cart Restaurant, , Lobby lounge Bar , Snack Bar , Pool Bar , Disco TV room ,Cards Room , Internet room , Jewelry Shop ,Mini Market ,Hairdresser, Gym club , Sauna , Steam Bath , Jaguzzi , Massage , Medical Office 24, Mini Club for Children, 2 Conference halls for 335 people, Marina for 75 yachts.
Room Facilities:
No. of elevators: 4 elevators
Max No. of Levels (floors): 4 levels
No. of buildings: 11 Buildings
Hotel view: Sea View
Between the hotel and the beach: There are not any properties
Beach landscape: Sandy
Number of Beds: 850 - 1 000
Total builded area in m2 : more than 8 000
Land size in m2 : 46 000
Land characterization : In urban planning
Remarks :
Development potential
Further permitted building area (m2):
Subprojects / Remarks:
Available land attached (m2):
Distance from
The beach:
Airport: 15 km
Heliport:
Seaplane Terminal:
Harbour: 18 km
City / Village: 16 km
Medical Center: 1 km
Marketing Data
The hotel operates: 7 months
Agreement with Tour operators: from Italy, Germany, Russia, Poland, France
Wider area development: The history of the city dates from the Neolithic period. The monuments found in the area testify to the rich past of the Minoan, Byzantine and Venetian periods. Its rich history, beautiful natural surroundings coupled with the mediterraenean climate make the city an ideal holiday destination for the last 40 years.
Tax data
Type of Transaction: Company sale
Tax / Remarks:
Financial Data
Selling price € : 62 000 000 (Updated: June, 2018)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees : 130 employees X 7 months and 15 employees X 12 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
|
