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Hotel for Sale in Greece - Full Description
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Hotel Ref.: 1307/10 VIDEO 119 Back to Search results

At a Glance:

Region: Macedonia

Prefecture / Location: Thessaloniki

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: Hotel use / Business Meetings / Art Events

Built in / year: 1964

Last Renovation / year: 1980, 1996, 2007


Type of Accommodation: City Hotel / Boutique Hotel

Hotel Facilities: Elegant restaurant 159 m2 and a Bar 31 m2. A well-equipped business centre, as well as conference and banquet rooms.

Room Facilities:

No. of elevators: 3 elevators

Max No. of Levels (floors): 9 levels

No. of buildings: 1 Building

Hotel view: City View

Between the hotel and the beach: There are other properties

Beach landscape:

Number of Beds: 180 Beds

Total builded area in m2 : 3900

Land size in m2 : 4000

Land characterization : In urban planning

Remarks :

Development potential

Further permitted building area (m2): n/a

Subprojects / Remarks:

Available land attached (m2): 1250 m2

Distance from

The beach: 25 km

Airport: 17 km

Heliport: 17 km

Seaplane Terminal:

Harbour: 1 km

City / Village:

Medical Center: 1.5 km

Marketing Data

The hotel operates: 12 months

Agreement with Tour operators: from Russia, Turkey, Cyprus, Bulgaria, Serbia, Romania

Wider area development:

Tax data

Type of Transaction: Company sale or Property sale

Tax / Remarks:

Financial Data

Selling price : Price Upon Request

For the investor

Revenues / € : 1 555 000

Operating Expenses / € :

No. of employees : 28 employees X 14 months

Profit before Depreciations & Taxes / € : 250 000

Average yield / % :

Payback period / years :

Average Occupancy / % : from 75% to 80%

Government Financial Support:

Important Notes: Click For Information

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Video Clip:
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