At a Glance: For sale a small nice hotel in Greece near the sea, on the one of Greece's most popular tourist destinations, 65 beds, swimming-pool, 170 m from the beach
Region: Cyclades Islands
Prefecture / Location: click here for info about Cyclades Islands
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: 1993
Last Renovation / year:
Accommodation
Type of Accommodation: Near the sea / Seaside hotel for sale
Hotel Facilities: swimming pool
Room Facilities:
No. of elevators:
Max No. of Levels (floors):
No. of buildings:
Hotel view: Sea View
Between the hotel and the beach:
Beach landscape: Sandy
Number of Beds: 65
Total builded area in m2 : 1 100
Land size in m2 : 1 800
Land characterization : Outside urban planning
Remarks : Hotel property for sale in Greece. Hotel real estate for sale - to buy hotel in Greece
Development potential
Further permitted building area (m2): 500 m2
Subprojects / Remarks: The use of the hotel can change into a shopping mall / offices / apartments etc.
Available land attached (m2):
Distance from
The beach: 170 meters
Airport: 17 km
Heliport:
Seaplane Terminal:
Harbour: 10 km
City / Village:
Medical Center:
Marketing Data
The hotel operates: 6 months
Agreement with Tour operators:
Wider area development:
Tax data
Type of Transaction: Company sale
Tax / Remarks:
Financial Data
Selling price € : 3 300 000 (Updated: Nov, 2016)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees :
Profit before Depreciations & Taxes / € :
Average yield / % : 12 %
Payback period / years :
Average Occupancy / % : from 70% to 75%
Government Financial Support: There is a free Financial Support on the investment
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