At a Glance:
Region: Crete
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 / Resort / Sport Hotel
Built in / year: 2001
Last Renovation / year: 2013
Accommodation
Type of Accommodation: Beachfront Hotel / Seaside hotel for sale
Hotel Facilities: Lobby area, Spa, 3 Swimming pools, Gym, Restauranr, Indoor bar, Pool Bar, Shop,Conference room, Minimarket
Room Facilities:
No. of elevators: 5 elevators
Max No. of Levels (floors): 3 levels
No. of buildings: 5 Buildings
Hotel view: Sea View
Between the hotel and the beach: There are not any properties
Beach landscape: Sandy
Number of Beds: 301
Total builded area in m2 : 6 000
Land size in m2 : 18 500
Land characterization : Outside urban planning
Remarks : The facade of the property to the sea is 84 meters.
Development potential
Further permitted building area (m2): n/a
Subprojects / Remarks:
Available land attached (m2): n/a
Distance from
The beach: Beachfront
Airport: 25 km
Heliport:
Seaplane Terminal:
Harbour: 3 km
City / Village: 12 km
Medical Center: 12 km
Marketing Data
The hotel operates: 6 months
Agreement with Tour operators: From Russia, Germany, Holland, France, Greece
Wider area development: Tourism has developed in the area and all facilities are available.
Tax data
Type of Transaction: Company sale or Property sale
Tax / Remarks:
Financial Data
Selling price € : 37 000 000 (Updated: June, 2018)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees : 35 employees
Profit before Depreciations & Taxes / € :
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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