At a Glance: To buy a hotel in Greece. This beachfront hotel has 267 beds, swimming-pools, beautiful well attended gardens, 300m beach length with umbrellas and sun beds, a lot of hotel facilities
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 / Resort / Sport Hotel
Built in / year: 1969
Last Renovation / year: 2007
Accommodation
Type of Accommodation: Seafront Hotel for sale / On the beach
Hotel Facilities: 3 Restaurants, 2 bars, Water sports Center, 1 outdoor swimming pool, 1 outdoor children's pool, 300m beach with umbrellas and sun beds, Beautiful well attended gardens with walking paths, 3 lit tennis courts, 1 Basket and 1 Volleyball court, Table tennis, Boutique, 1 Conference Room, 1 Meeting Room
Room Facilities:
No. of elevators: 1 elevator
Max No. of Levels (floors): 4 levels
No. of buildings: 8 Buildings
Hotel view: Sea View
Between the hotel and the beach: There are not any properties
Beach landscape: Sandy and Pebbly
Number of Beds: 267
Total builded area in m2 : 5 500
Land size in m2 : 25 000
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): n/a
Subprojects / Remarks:
Available land attached (m2): 30 000
Distance from
The beach: Beachfront hotel for sale
Airport: 65 km
Heliport:
Seaplane Terminal:
Harbour: 28 km
City / Village: 6 km
Medical Center: 1.5 km
Marketing Data
The hotel operates: 6 months
Agreement with Tour operators:
Wider area development: The location is connected with a national highway. It combines exceptional natural beauty, a long history and unique sights, never boring its visitors. It is blessed with a mild climate, fertile land, and monuments of great cultural value.
Tax data
Type of Transaction: Company sale or Property sale
Tax / Remarks:
Financial Data
Selling price € : 9 700 000 (Updated: Oct, 2017)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees : 25 - 35 employees
Profit before Depreciations & Taxes / € :
Average yield / % :
Payback period / years :
Average Occupancy / % : from 70% to 75%
Government Financial Support: There is a free Financial Support on the investment
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