At a Glance: Hotel real estate for sale in Greece - to buy small modern city hotel in downtown of Athens Greece, with excellent access to all means of transportation, 36 beds
Region: Attica Athens
Prefecture / Location: click here for info about Athens
Sale type: Sale of operating hotel
Property type: Hotel for sale with key rating
Current Status:
Alteration of use: It is permitted to alter the hotel's use
Suggested Usage: Elderly center / Medical center / Offices
Built in / year: 1936
Last Renovation / year: 2004
Accommodation
Type of Accommodation: City Hotel /
Hotel Facilities:
Room Facilities: .
No. of elevators: 1 elevator
Max No. of Levels (floors): 5 levels
No. of buildings: 1 Building
Hotel view: Not with a particular view
Between the hotel and the beach:
Beach landscape:
Number of Beds: 36
Total builded area in m2 : 1 650
Land size in m2 : 450
Land characterization : In urban planning
Remarks :
Development potential
Further permitted building area (m2): 400
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: 1.30 minutes
Airport: 45 minutes
Heliport: 45 minutes
Seaplane Terminal:
Harbour: 45 minutes
City / Village: City hotel
Medical Center: 5 minutes
Marketing Data
The hotel operates: 12 months
Agreement with Tour operators:
Wider area development: Excellent access to all means of transportation.
Tax data
Type of Transaction: Property sale
Tax / Remarks:
Financial Data
Selling price € : 580 000 (Updated: Nov, 2016)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees :
Profit before Depreciations & Taxes / € :
Average yield / % :
Payback period / years :
Average Occupancy / % : from 40% to 50%
Government Financial Support: There is a free Financial Support on the investment
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