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Hotel for Sale in Greece - Full Description
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Hotel Ref.: 1304/05 Back to Search results

At a Glance: Purchase a Selected beachfront Hotel in Greece, 300 beds, 2 Swimming pools, big garden. The facade of the hotel to the sea is 170 meters long (3 beaches)

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 / Spa Hotel

Built in / year: 1999 - 2000

Last Renovation / year: 2011 - 2013


Accommodation

Type of Accommodation: Seafront Hotel for sale / On the beach

Hotel Facilities: 2 Reception area, 2 Bars, Fitness center, Kid's club, Indoor Restaurant, Outdoor Taverna, Indoor Taverna, Pool bar, 2 Swimming pools, Spa, Club

Room Facilities:

No. of elevators: 1 elevator

Max No. of Levels (floors): 3 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: min 219 - max 303 beds (60 rooms +28 apartments)


Total builded area in m2 : 5 038

Land size in m2 : 19 242

Land characterization : Outside urban planning

Remarks : The façade of the property to the sea is 170 meters long (3 beaches)

Development potential

Further permitted building area (m2): 1 600 m2 (+ approximately 120 beds)

Subprojects / Remarks:

Available land attached (m2): n/a

Distance from

The beach: Beachfront

Airport: 35 km

Heliport:

Seaplane Terminal:

Harbour: 33 km

City / Village: 35 km

Medical Center: 8 km

Marketing Data

The hotel operates: 7 months

Agreement with Tour operators: from United Kingdom, Germany, Russia, Hungary, Czech

Wider area development: The island combines the charm of authentic Ionian architecture with a lifestyle. The island’s trendy restaurants and bars, luxury 5 * hotels, fantastic sea and beaches attract the world’s rich and famous.

Tax data

Type of Transaction: Company sale or Property sale

Tax / Remarks:

Financial Data

Selling price € : 10 650 000 (Updated: May, 2017)

For the investor

Revenues / € : 1 600 000

Operating Expenses / € : 655 000

No. of employees : 30 Emloyees

Profit before Depreciations & Taxes / € :

Average yield / % :

Payback period / years :

Average Occupancy / % : from 75% to 80%

Government Financial Support: State Grant up to 50% on the investment


Important Notes: Click For Information

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