At a Glance: City resort for sale in Greece, located in South Suburbs of Athens, near the sea, 46 beds, only 80 meters distance from the beach
Region: Attica South Suburbs of Athens
Prefecture / Location: click here for info about South Suburbs
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: Elderly center / Residential use /
Built in / year: 1985
Last Renovation / year: 2003
Accommodation
Type of Accommodation: Near the sea / City Hotel
Hotel Facilities: Bar, Reception, Parking
Room Facilities:
No. of elevators: 1 elevator
Max No. of Levels (floors): 3 floors plus basement
No. of buildings: 1 Building
Hotel view:
Between the hotel and the beach: There are other properties
Beach landscape: Sandy
Number of Beds: 46
Total builded area in m2 : 820
Land size in m2 : 880
Land characterization : In urban planning
Remarks : 10 minutes distance by car from Glyfada Golf
Development potential
Further permitted building area (m2): n/a
Subprojects / Remarks:
Available land attached (m2): n/a
Distance from
The beach: 80 meters
Airport: 20 minutes by car
Heliport: 20 minutes by car
Seaplane Terminal: 20 minutes by car
Harbour: 10 minutes by car
City / Village:
Medical Center: 700 meters
Marketing Data
The hotel operates: 12 months
Agreement with Tour operators:
Wider area development: The southern parts of Attica-Athens in Greece, face the sea, forming the city's summer face. Here, the leading role is played by the suburb of Glyfada, Voula, Vouliagmeni, Varkiza: heart of the trade, finance, gastronomy and entertainment in the area. Hotels, a multitude of stores, marinas, restaurants, cafés, bars and clubs, major attractions and the buzz of life composite the scenery of the Athenian Riviera. The green of nature and the blue of the sea form the scenery of the suburbs, ideal for a walk and lunch by the sea.
Tax data
Type of Transaction: Company sale
Tax / Remarks:
Financial Data
Selling price € : 4 700 000
For the investor
Revenues / € :
Operating Expenses / € :
No. of 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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