Real Estate in Greece
Print this page
Back to View All Hotels for Sale
Photo Gallery
Hotel real estate for sale - to buy hotel in Crete
Hotel for Sale in Greece - Full Description
Hotel Ref.: 1218/04
 
At a Glance: Seaside smal hotel for sale, 80 beds, swimming-pool, 350 m from the beach. Location combines isolated beaches and fully equipped holiday resorts

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: The alteration of the hotel's use is not permitted

Suggested Usage: Hotel use / /

Built in / year: 1985

Last Renovation / year: 2002


Accommodation

Type of Accommodation: Near the sea /

Hotel Facilities: Swimming pool, Restaurant of 100 people, pool bar, lounge.

Room Facilities:

No. of elevators:

Max No. of Levels (floors):

No. of buildings:

Hotel view: Sea View

Between the hotel and the beach: There are not any properties

Beach landscape: Sandy

Number of Beds: 80


Total builded area in m2 : 1 500

Land size in m2 : 3 500

Land characterization : Outside urban planning

Remarks :

Development potential

Further permitted building area (m2): n/a

Subprojects / Remarks:

Available land attached (m2): 2 500 m2

Distance from

The beach: 350 meters

Airport: 65 km

Heliport:

Seaplane Terminal:

Harbour: 15 km

City / Village: 15 km

Medical Center: 15 km

Marketing Data

The hotel operates: 6 months

Agreement with Tour operators:

Wider area development: The location is the place where Greece meets the tropic. The warm climate makes this easternmost part of Crete one of the most fertile and almost exotic one. The interchange between vivid social life and relaxation is a characteristic of the place. It combines isolated beaches and fully equipped holiday resorts. Ancient and medieval stones and castles evoke memories of the long history of the island, which started off 5000 years ago.

Tax data

Type of Transaction: Company sale or Property sale

Tax / Remarks:

Financial Data

Selling price € : 1 650 000 (Updated: Nov, 2016)

For the investor

Revenues / € :

Operating Expenses / € :

No. of employees :

Profit before Depreciations & Taxes / € : 180 000

Average yield / % : 10.90

Payback period / years : 9.17

Average Occupancy / % : from 85% to 90%

Government Financial Support: There is a free Financial Support on the investment



Video Clip:

domus inc., 102-104 Vasileos Pavlou Avenue, GR-166 73 Voula, Greece
Tel.: +30 2108955583, +30 2108954956, Fax: +30 2108950869
https://www.greece.it     Email: [email protected]