At a Glance: Hotel real estate for sale - to buy city hotel in Greece, 185 beds. The hotel is located right in the heart of Athens. Excellent access to all means of transportation
Region: Attica Athens
Prefecture / Location: click here for info about Athens
Sale type: Sale of non operating hotel
Property type: Hotel for sale with star rating
Current Status: Not operating - permit not available
Alteration of use: It is permitted to alter the hotel's use
Suggested Usage: Medical center / Elderly center / Hotel use
Built in / year: 1970
Last Renovation / year: 2007
Accommodation
Type of Accommodation: City Hotel /
Hotel Facilities: Bar, Restaurant, Conference room of 280 persons.
Room Facilities:
No. of elevators:
Max No. of Levels (floors):
No. of buildings: 1 Building
Hotel view: Not with a particular view
Between the hotel and the beach:
Beach landscape:
Number of Beds: 185
Total builded area in m2 : 2 770
Land size in m2 : 480
Land characterization : In urban planning
Remarks :
Development potential
Further permitted building area (m2): n/a
Subprojects / Remarks: The use of the hotel can change into a medical centre / offices / apartments etc.
Available land attached (m2): n/a
Distance from
The beach:
Airport: 29 km from E. Venizelos Airport
Heliport: 29 km from E. Venizelos Airport
Seaplane Terminal:
Harbour: 12 km from Piraeus Port
City / Village: The hotel is located right in the heart of Athens
Medical Center: 5 minutes
Marketing Data
The hotel operates:
Agreement with Tour operators:
Wider area development: The hotel is located right in the heart of Athens. Excellent access to all means of transportation.
Tax data
Type of Transaction: Company sale or Property sale
Tax / Remarks: The selling price of the hotel according to the evaluation and the objective values of the Ministry of Finance of Greece is 1 580 000 Euros
Financial Data
Selling price € : 6 400 000 (Updated: June 2018)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees :
Profit before Depreciations & Taxes / € :
Average yield / % :
Payback period / years :
Average Occupancy / % : .
Government Financial Support: There is a free Financial Support on the investment
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