At a Glance: A nice small hotel in Greece, 36 apartments, 30 m from the beach
Region: Macedonia
Prefecture / Location:
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: Some apartments were build on 2016
Last Renovation / year:
Accommodation
Type of Accommodation: Near the sea /
Hotel Facilities: 2 Swimming pools one for adults and one for children, pool bar, Jacuzzi 180 m2, Restaurant for 150 people, playgraound, etc.
Room Facilities:
No. of elevators: There are no elevators
Max No. of Levels (floors):
No. of buildings:
Hotel view: Sea View
Between the hotel and the beach: There are other properties
Beach landscape: Sandy
Number of Beds: 167 Beds (36 apartments)
Total builded area in m2 : 36 apartments
Land size in m2 : 4 000
Land characterization : Outside urban planning
Remarks :
Development potential
Further permitted building area (m2): 10 shops
Subprojects / Remarks:
Available land attached (m2):
Distance from
The beach: 25 meters
Airport: 100 km
Heliport: 40 km
Seaplane Terminal: 20 km
Harbour: 50 km
City / Village: 2 km
Medical Center:
Marketing Data
The hotel operates: 6 months
Agreement with Tour operators:
Wider area development:
Tax data
Type of Transaction: Property sale
Tax / Remarks:
Financial Data
Selling price € : 2 800 000
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees : 4 employees X 6 months
Profit before Depreciations & Taxes / € :
Average yield / % :
Payback period / years :
Average Occupancy / % : from 75% to 80%
Government Financial Support: There is a free Financial Support on the investment
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