At a Glance: Small seaside hotel for sale in 600 m distance from the beach, 111 beds, 2 Swimming pools
Region: Dodecanese Islands
Prefecture / Location: KOS ISLAND click here for information about Dodecanese 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: 1992
Last Renovation / year: 2014
Accommodation
Type of Accommodation: Hotel for sale near Sea /
Hotel Facilities: Restaurant for 90 people, indoor bar, pool bar, 2 Swimming pools (one for children and one for adults). There is also a subproject for the building of a tennis court.
Room Facilities:
No. of elevators: There are no elevators
Max No. of Levels (floors): 2 levels
No. of buildings: 4 Buildings
Hotel view: Sea View
Between the hotel and the beach: There are other properties
Beach landscape: Sandy
Number of Beds: 111
Total builded area in m2 : 1 260
Land size in m2 : 6 050
Land characterization : Outside urban planning
Remarks :
Development potential
Further permitted building area (m2): n/a
Subprojects / Remarks:
Available land attached (m2): 50 000 m2
Distance from
The beach: 600 meters
Airport: 9 km
Heliport:
Seaplane Terminal:
Harbour: 10 km
City / Village: 10 km
Medical Center: 10 km
Marketing Data
The hotel operates: 7 months
Agreement with Tour operators: from Germany, Great Britain, Poland, Italy, France
Wider area development: The island is one of the most frequented holiday spots in Greece, receiving thousands of visitors form Greece and abroad every year. Due to its popularity, as well as its large number of permanent residents, the Island has a very well-developed tourist infrastructure, including tourist offices, travel agencies, car rental agencies, and shops of all kinds. Accommodation on the island is excellent with luxury hotels and resorts. The nightlife is amazing.
Tax data
Type of Transaction: Company sale
Tax / Remarks:
Financial Data
Selling price € : 2 200 000 (Updated: Nov, 2016)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees :
Profit before Depreciations & Taxes / € : 170 000
Average yield / % :
Payback period / years :
Average Occupancy / % : from 75% to 80%
Government Financial Support: There is a free Financial Support on the investment
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