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