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Hotel for Sale in Greece - Full Description
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Hotel Ref.: 1304/12 Back to Search results

At a Glance: Hotel in Greece near the sea, 300 beds, large plot,2 Swimming pools, playground, 2 indoor Bars, 1 pool bar, Volley court, Restaurant for 250 people, Conference room for 150 people

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 / Wedding Hotel / Business Meetings

Built in / year: 2006

Last Renovation / year: 2013


Accommodation

Type of Accommodation: Near the sea / Family Hotel

Hotel Facilities: Table tennis, 2 Swimming pools, playground, 2 indoor Bars, 1 pool bar, Volley court, Restaurant for 250 people, Conference room for 150 people

Room Facilities:

No. of elevators: There are no elevators

Max No. of Levels (floors): 2 levels

No. of buildings: 8 Buildings

Hotel view: Sea View

Between the hotel and the beach: There are other properties

Beach landscape: Sandy

Number of Beds: 300


Total builded area in m2 : 6 500

Land size in m2 : 44 000

Land characterization : A part in urban plan and the remaining outside urban plan

Remarks : The Government Financial Support is 1 800 000 Euros. Hotel property for sale in Greece. Hotel real estate for sale - to buy hotel in Greece

Development potential

Further permitted building area (m2): 2 131 m2 (32 Studios)

Subprojects / Remarks:

Available land attached (m2): n/a

Distance from

The beach: 3 500 meters

Airport: 32 km

Heliport: 32 km

Seaplane Terminal: 30 km

Harbour: 30 km

City / Village: 200 meters

Medical Center: 500 meters

Marketing Data

The hotel operates: 6 months

Agreement with Tour operators: from Europe

Wider area development: The village is well-known for its variety of landscape and particularly for its abundance of greenery as well as a lot of other natural beauties (excellent climate, long seashore with clear blue water, tradition and history). The village has recently been developed into a modern touristic area with villas, hotels and apartments.

Tax data

Type of Transaction: Company sale or Property sale

Tax / Remarks: The purchaser of the Society Anonymous will pay 5% on the transfer of shares or The purchaser of the property will pay 10.3 % on the objective value of the property.
The objective value is: 6 100 000 Euros

Financial Data

Selling price € : 10 700 000 (Updated: December 2016)

For the investor

Revenues / € :

Operating Expenses / € :

No. of employees : 21 employees X 6 months + 1 employee X 12 months

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


Important Notes: Click For Information

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