At a Glance: City hotel near the sea, 160 beds. The hotel is located in one of the most beautiful suburbs of Athens. It is only 15 minutes drive from the center of Athens and Piraeus port
Region: Attica South Suburbs of Athens
Prefecture / Location:
Sale type: Sale of operating hotel
Property type: Hotel for sale with star rating
Current Status: Operating without permit
Alteration of use: It is permitted to alter the hotel's use
Suggested Usage: Hotel use / Elderly center / Medical center
Built in / year: 1972
Last Renovation / year: 2010
Accommodation
Type of Accommodation: City Hotel / Near the sea
Hotel Facilities: The spacious and warmly furnished hotel lobby guests will find the ideal place to meet their partners or relax after a busy day. Bar and Lounge is an indoor - outdoor bar located at the hotel's ground level where guests may also get served at the restaurant’s veranda.
Room Facilities:
No. of elevators: 1 elevator
Max No. of Levels (floors): 4 floors plus basement
No. of buildings: 1 Building
Hotel view: Not with a particular view
Between the hotel and the beach: There are other properties
Beach landscape: Sandy
Number of Beds: 160 Beds (80 Units)
Total builded area in m2 : 4 650
Land size in m2 : 1 200
Land characterization : In urban planning
Remarks :
Development potential
Further permitted building area (m2): n/a
Subprojects / Remarks: n/a
Available land attached (m2): n/a
Distance from
The beach: 150 meters
Airport: 25 km
Heliport: 25 km
Seaplane Terminal:
Harbour: 15 km
City / Village: City hotel
Medical Center: 15 minutes by car
Marketing Data
The hotel operates: 12 months
Agreement with Tour operators: from European countries
Wider area development: The hotel is located in one of the most beautiful suburbs of Athens. It is only 15 minutes drive from the center of Athens and Piraeus and 25 km away from the national airport 'Eleftherios Venizelos' which is very well accessed by public transportation or taxi. Also it is near to the exhibition center in Ellinikon. Next to the modern marinas of Alimos, Flisvos, Glyfada and Vouliagmeni next to the most beautiful beaches of Athens and at close distance from stores, banks and entertainment centers. The hotel provides the opportunity to combine unique moments of relaxation and serenity with business.
Tax data
Type of Transaction: Company sale
Tax / Remarks:
Financial Data
Selling price € : 16 000 000 (Updated: june, 2018)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees :
Profit before Depreciations & Taxes / € :
Average yield / % :
Payback period / years :
Average Occupancy / % : from 80% to 85%
Government Financial Support: There is a free Financial Support on the investment
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