At a Glance: To buy hotel real estate in Greece. Sale of seafront Hotel in Greece which is located right on the beach in wonderful vacation area, 79 beds, swimming-pool
Region: Ionian Sea
Prefecture / Location: click for info about Ionian Sea
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: 1989
Last Renovation / year: 2006
Accommodation
Type of Accommodation: Seafront Hotel for sale / On the beach
Hotel Facilities: Beach front hotel for sale
Room Facilities: .
No. of elevators: 1 elevator
Max No. of Levels (floors): 3 levels
No. of buildings: 1 Building
Hotel view: Sea View
Between the hotel and the beach: There are not any properties
Beach landscape: Sandy and Pebbly
Number of Beds: 79
Total builded area in m2 : 1 080
Land size in m2 : 4 870 m2
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): 1 400 m2 (45-50 rooms)
Subprojects / Remarks:
Available land attached (m2): 1 500 m2
Distance from
The beach:
Airport: 16 km
Heliport:
Seaplane Terminal:
Harbour:
City / Village: 16 km
Medical Center: 16 km
Marketing Data
The hotel operates: 4 months
Agreement with Tour operators:
Wider area development:
Tax data
Type of Transaction: Company sale
Tax / Remarks:
Financial Data
Selling price € : 3 800 000 (Updated: May, 2017)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees :
Profit before Depreciations & Taxes / € : 300 000
Average yield / % :
Payback period / years :
Average Occupancy / % : Over 90%
Government Financial Support: There is a free Financial Support on the investment
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