At a Glance:
Region: Ionian Sea
Prefecture / Location:
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: 2007
Last Renovation / year:
Accommodation
Type of Accommodation: Near the sea on cliff /
Hotel Facilities: Conference room (capacity 250 persons), Gym, Pool bar, 1 bar, 2 Restaurants, Main swimming pool, 2 children's pools, 2 Jacuzzis
Room Facilities:
No. of elevators: 1 elevator
Max No. of Levels (floors): 3 levels
No. of buildings: 3 Buildings
Hotel view: Sea View
Between the hotel and the beach: There are other properties
Beach landscape: Pebbly
Number of Beds: 110
Total builded area in m2 : 2 250
Land size in m2 : 11 000
Land characterization : Outside urban planning
Remarks :
Development potential
Further permitted building area (m2): 500 m2
Subprojects / Remarks:
Available land attached (m2): 9 000 m2
Distance from
The beach: from 80 to 300 meters
Airport: 70 minutes
Heliport: 70 minutes
Seaplane Terminal: 70 minutes
Harbour: 100 meters
City / Village: 300 meters
Medical Center: 300 meters
Marketing Data
The hotel operates: 6 months
Agreement with Tour operators: from the European countries
Wider area development: The island is a picturesque location and full of green. It is a secret paradise.
Tax data
Type of Transaction: Company sale
Tax / Remarks:
Financial Data
Selling price € : 4 350 000 (Updated: April 25, 2016)
For the investor
Revenues / € : 450 000
Operating Expenses / € : 320 000
No. of employees : 15 employees X 5 months
Profit before Depreciations & Taxes / € :
Average yield / % :
Payback period / years :
Average Occupancy / % : from 65% to 70%
Government Financial Support: There is a free Financial Support on the investment
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