At a Glance: Hotels real estate for sale - Property for investment in Greece, near the sea in South Suburbs of Athens, distance from the beach - 150 m, 100 beds, 20 rooms can be built for the expansion of the existing hotel
Region: Attica South Suburbs of Athens
Prefecture / Location: click here for info about South Suburbs
Sale type: Sale of operating hotel
Property type: Hotel for sale with star rating
Current Status:
Alteration of use: It is permitted to alter the hotel's use
Suggested Usage: Super market / Medical center / Offices
Built in / year: 1970
Last Renovation / year: 2000
Accommodation
Type of Accommodation: City Hotel / Near the sea
Hotel Facilities: Restaurant, Indoor bar
Room Facilities:
No. of elevators: 2 elevators
Max No. of Levels (floors): 6 levels
No. of buildings: 1 Building
Hotel view:
Between the hotel and the beach: There are other properties
Beach landscape: Sandy
Number of Beds: 100
Total builded area in m2 : 2 400
Land size in m2 : 2 000
Land characterization : In urban planning
Remarks :
Development potential
Further permitted building area (m2): An additional 520 m2 (20 rooms) can be built for the expansion of the existing hotel.
Subprojects / Remarks: The use of the hotel can change into a shopping mall / medical centre / offices / apartments etc.
Available land attached (m2):
Distance from
The beach: 150 meters
Airport: 18 Minutes
Heliport: 18 Minutes
Seaplane Terminal: 5 Minutes
Harbour: 20 Minutes
City / Village: 100 Meters
Medical Center: 300 Meters
Marketing Data
The hotel operates: 12 months
Agreement with Tour operators:
Wider area development: Glyfada is an absolutely delightful holiday resort and features the most modern tourist facilities. The visitor can combine relaxation, entertainment and bustling nightlife.
Taking a walk along the sea front, the visitor will admire hundreds of yachts moored in marinas, or enjoy lunch or dinner by the seaside restaurants and taverns. For keen golf players, Glyfada's beautiful 18-hole golf course.
Glyfada Square features a wide variety of shops and boutiques and a string of modern shopping malls. Restaurants, cafes and taverns are spread all over town whilst popular bars, nightclubs and bouzouki houses create a beautiful aura at night and promise a great time!
Tax data
Type of Transaction: Company sale
Tax / Remarks:
Financial Data
Selling price € : 22 000 000 (Updated: May 7, 2016)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees :
Profit before Depreciations & Taxes / € : 1 400 000
Average yield / % : 6,36
Payback period / years :
Average Occupancy / % : .
Government Financial Support: There is a free Financial Support on the investment
|
