At a Glance: Seaside hotel for sale, 106 beds, 2 swimming pools, from the beach 200 m, close to International airport, the hotel situated in the most beautiful area of the island
Region: Ionian Sea
Prefecture / Location: click for info about Ionian Sea
Sale type: Sale of operating hotel
Property type: Hotel for sale with star rating
Current Status:
Alteration of use: The alteration of the hotel's use is not permitted
Suggested Usage: Hotel use / /
Built in / year: 1994
Last Renovation / year: 2016
Accommodation
Type of Accommodation: Near the sea /
Hotel Facilities: 2 swimming pools, children's playground, pool bar, indoor bar, dining room, lounge, parking, Conference room for 120 persons
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:
Beach landscape: Sandy
Number of Beds: 106
Total builded area in m2 : 2 497
Land size in m2 : 13 000
Land characterization : Outside urban planning
Remarks :
Development potential
Further permitted building area (m2):
Subprojects / Remarks:
Available land attached (m2): 70 000
Distance from
The beach: 200 meters
Airport: 9 km
Heliport:
Seaplane Terminal:
Harbour: 9 km
City / Village: 9 km
Medical Center: 9 km
Marketing Data
The hotel operates: 6 months
Agreement with Tour operators:
Wider area development: The hotel is situated in the most beautiful area of the island just 9 kilometers from the International airport. The Hotel is a balcony over the Ionian Sea.
Tax data
Type of Transaction: Company sale
Tax / Remarks:
Financial Data
Selling price € : 4 400 000 (Updated: May 5, 2016)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees : 11 employees X 6 months
Profit before Depreciations & Taxes / € :
Average yield / % :
Payback period / years :
Average Occupancy / % : from 85% to 90%
Government Financial Support: There is a free Financial Support on the investment
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