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Hotel for Sale in Greece - Full Description
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Hotel Ref.: 1304/06 Back to Search results

At a Glance: Beachfront luxury boutique hotel for sale with private land on the beach. Awarded four years in a row as the hotel with the most high percentage of satisfied guests. The number of Beds is max 90 (30 Junior Suites of 52 m2 each, private beach 1 940 m2. The hotel has a lot of 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: Suite hotel / Spa Hotel / Hotel use

Built in / year: 2009

Last Renovation / year:


Accommodation

Type of Accommodation: Seafront Hotel for sale / With private beach

Hotel Facilities: Lobby, Tennis court, 3 Restaurants, Pool bar, Main Outdoor swimming pool, Jacuzzi, 16 private swimming pools (16 suites have their own private pools and gardens), Spa, Sauna, Gym, Beauty salon, Mini market, Shop (Gift shop), Meeting room, Private land on the beach 1 940 m2. All suites are with Inroom Spa Facilities

Room Facilities: All suites have the following facilities: High Speed and wireless Internet access Telephone with data port and voicemail LCD television Digital cable TV with moviesondemand and internet access on TV Electronic personal safe for laptop computers Separate showers with Steam bath Double air massage and hydromassage bathtub Double marble basin Two hairdryers Plush bathrobes, cotton towels and slippers Iron and ironing board Mini bar Coffee and tea making facilities

No. of elevators: 1 elevator

Max No. of Levels (floors): 2 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 60 - max 90 (30 Junior Suites of 52 m2 each)


Total builded area in m2 : 2 964

Land size in m2 : 14 060

Land characterization : Outside urban planning

Remarks : The façade of the property to the sea is 52 meters long

Development potential

Further permitted building area (m2): n/a

Subprojects / Remarks:

Available land attached (m2): Some parcels of land adjacent to the hotel are available for purchase

Distance from

The beach: Beachfront hotel for sale

Airport: 38 km

Heliport:

Seaplane Terminal:

Harbour: 36 km

City / Village: 1.5 km

Medical Center: 1.5 km

Marketing Data

The hotel operates: 6 months

Agreement with Tour operators: from United Kingdom, Scandinavian countries

Wider area development: The location it has long since established itself as one of the top resorts on the island and is particularly suited to couples and families.
There is tourist development in the area, which is famous for its beaches that are known as some of the best in Greece. The sandy beaches will remind you those of tropical places with their awesome crystal blue or turquoise water and white sand.

Tax data

Type of Transaction: Property sale

Tax / Remarks:

Financial Data

Selling price € : 7 200 000 (Updated: May 7, 2016)

For the investor

Revenues / € : 1 000 000

Operating Expenses / € : 450 000

No. of employees : 21 Employees

Profit before Depreciations & Taxes / € : 550 000

Average yield / % : 7.63

Payback period / years : 13.10

Average Occupancy / % : Over 90%

Government Financial Support:


Important Notes: Click For Information

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