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Hotel for Sale in Greece - Full Description
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Hotel Ref.: 1240/07 VIDEO 110 Back to Search results

At a Glance: Large Seafront beachfront hotel for sale.

Region: Crete

Prefecture / Location: click here for information about Crete

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: Hotel use / Condo hotel use /

Built in / year: 1997

Last Renovation / year: 2005


Accommodation

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

Hotel Facilities: 2 Restaurants, 6 bars, 6 conference rooms, 6 outdoor swimming pools, 1 indoor swimming pool, 3 tennis courts, 2 hard courts, 1 artificial grass, Volleyball court, basketball court, Open air parking, Lounge, TV room, Video room, Game room, Hairdresser, Mini market, boutique, children playroom, Open-air theatre, Gym, Sauna, Jacuzzi, Jewellery shop.

Room Facilities:

No. of elevators: 3 elevators

Max No. of Levels (floors):

No. of buildings:

Hotel view: Sea View

Between the hotel and the beach: There are not any properties

Beach landscape: Sandy

Number of Beds:


Total builded area in m2 : 24 245

Land size in m2 : 120 000

Land characterization : Outside urban planning

Remarks : This present hotel is awarded [ranked] every year among the worlds' best resorts.

Development potential

Further permitted building area (m2): The building ratio has not yet reached its limit and further building is possible.

Subprojects / Remarks: A marina for 45 boats is already built and brought into operation.

Available land attached (m2):

Distance from

The beach:

Airport: 63 km

Heliport:

Seaplane Terminal:

Harbour:

City / Village: 18 km

Medical Center: 18 km

Marketing Data

The hotel operates: 6 months

Agreement with Tour operators: With the biggest tour operators of the world

Wider area development:

Tax data

Type of Transaction: Company sale or Property sale

Tax / Remarks:

Financial Data

Selling price € : This present hotel with ref. number 1240/07 of 454 rooms along with the hotel ref. number 1240/06 of 360 rooms are adjacent and belong to the same SA Company. They are both on sale for 115 000 000 Euros. Both of them are 814 rooms - 3.000 beds.

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/MUxp3iZqXQQ
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