At a Glance: Beachfront luxury boutique hotel for sale with private land on the beach. Awarded four years in a row
as the hotel with the most high percentage of satisfied guests. The number of Beds is max 90 (30 Junior Suites of 52 m2 each, private beach 1 940 m2.
The hotel has a lot of facilities.
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: Suite hotel / Spa Hotel / Hotel use
Built in / year: 2009
Last Renovation / year:
Accommodation
Type of Accommodation: Seafront Hotel for sale / With private beach
Hotel Facilities: Lobby, Tennis court, 3 Restaurants, Pool bar, Main Outdoor swimming pool, Jacuzzi, 16 private
swimming pools (16 suites have their own private pools and gardens), Spa, Sauna, Gym, Beauty salon, Mini
market, Shop (Gift shop), Meeting room, Private land on the beach 1 940 m2. All suites are with Inroom
Spa Facilities
Room Facilities: All suites have the following facilities: High Speed and wireless Internet access Telephone
with data port and voicemail LCD
television Digital
cable TV with moviesondemand
and internet access on
TV Electronic
personal safe for laptop
computers Separate
showers with Steam bath Double
air massage
and hydromassage bathtub Double
marble basin Two
hairdryers Plush
bathrobes, cotton towels and
slippers Iron
and ironing board Mini
bar Coffee
and tea making facilities
No. of elevators: 1 elevator
Max No. of Levels (floors): 2 levels
No. of buildings: 11 Buildings
Hotel view: Sea View
Between the hotel and the beach: There are not any properties
Beach landscape: Sandy
Number of Beds: min 60 - max 90 (30 Junior Suites of 52 m2 each)
Total builded area in m2 : 2 964
Land size in m2 : 14 060
Land characterization : Outside urban planning
Remarks : The façade of the property to the sea is 52 meters long
Development potential
Further permitted building area (m2): n/a
Subprojects / Remarks:
Available land attached (m2): Some parcels of land adjacent to the hotel are available for purchase
Distance from
The beach: Beachfront hotel for sale
Airport: 38 km
Heliport:
Seaplane Terminal:
Harbour: 36 km
City / Village: 1.5 km
Medical Center: 1.5 km
Marketing Data
The hotel operates: 6 months
Agreement with Tour operators: from United Kingdom, Scandinavian countries
Wider area development: The location it has long since established itself as one of the top resorts on the island and is particularly suited to couples and families. There is tourist development in the area, which is famous for its beaches that are known as some of the best in Greece. The sandy beaches will remind you those of tropical places with their awesome crystal blue or turquoise water and white sand.
Tax data
Type of Transaction: Property sale
Tax / Remarks:
Financial Data
Selling price € : 7 200 000 (Updated: May 7, 2016)
For the investor
Revenues / € : 1 000 000
Operating Expenses / € : 450 000
No. of employees : 21 Employees
Profit before Depreciations & Taxes / € : 550 000
Average yield / % : 7.63
Payback period / years : 13.10
Average Occupancy / % : Over 90%
Government Financial Support: There is a free Financial Support on the investment
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