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Hotel for Sale in Greece - Full Description
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Hotel Ref.: 0405B VIDEO 120 Back to Search results

At a Glance: Seafront hotel for sale, located on the beach close to all facilities. The prime importance is the location and the additional development.

Region: Cyclades Islands

Prefecture / Location: click here for info about Cyclades Islands

Sale type: Sale of operating hotel

Property type: Hotel for sale with key rating

Current Status:

Alteration of use: It is permitted to alter the hotel's use

Suggested Usage: Hotel use / Residential use /

Built in / year: 1994

Last Renovation / year: 2017


Accommodation

Type of Accommodation: Seafront beachfront hotel for sale / On the beach

Hotel Facilities: parking area, swimming pool, restaurant, bar, Internet, WiFi, laundry, playground

Room Facilities: Balcony, Air-conditioning , TV, Direct-dial telephone, Hair dryers, Refrigerator, Kitchenette

No. of elevators: There are no 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: 136 Beds plus 2 for management use and 16 for employees= 154 Beds.(46 Units PLUS 8 for employee= 54 UNITS)


Total builded area in m2 : 1 700

Land size in m2 : 6 117

Land characterization : In urban planning

Remarks : The hotel consist from 5 buildings including the rooms the reception and the indoor area restaurant.

Development potential

Further permitted building area (m2): An additional 800 m2 (approximately 36 rooms can be built on the open lot area for the expansion of the existing hotel.

Subprojects / Remarks: Beach club, A full class Restaurant, Bar, Gym, Conference center OR approximately 36 additional rooms on the open lot area.

Available land attached (m2): 2 500 m2

Distance from

The beach: Beachfront. The facade of the property to the sea is 70 meters long.

Airport: 20 Km

Heliport: There is a helipad just a short distance from the hotel

Seaplane Terminal: Seaplane terminal coming soon by Hellenic Seaplanes

Harbour: 9 km

City / Village: The location is in the coastal town

Medical Center: 9 km

Marketing Data

The hotel operates: 6 months

Agreement with Tour operators: from Europe

Wider area development: Unrivalled natural beauty, beaches with crystal clear waters, unrivalled Byzantine footpaths connecting traditional villages and breathtaking landscapes make the island, located at the heart of the Cyclades, one of the best loved holiday destinations in Greece.

Tax data

Type of Transaction: Company sale or Property sale

Tax / Remarks:

Financial Data

Selling price € : 8 900 000 (Updated: Nov 2018)

For the investor

Revenues / € :

Operating Expenses / € :

No. of employees :

Profit before Depreciations & Taxes / € :

Average yield / % :

Payback period / years :

Average Occupancy / % : .

Government Financial Support: There is a free Financial Support on the investment


Important Notes: Click For Information

Photo Gallery :View All Photos

Video Clip: https://youtu.be/jq-YbvXwqdk
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