At a Glance: Very nice Beachfront Hotel for sale and at the same time located in the tourist city, in wonderful vacation area. 450 beds, big swimming-pool.
Region: Dodecanese Islands
Prefecture / Location: click here for information about Dodecanese Islands
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 / Resort / Wedding Hotel
Built in / year: 1985
Last Renovation / year: 2011
Accommodation
Type of Accommodation: Beachfront Hotel for sale / In the Town
Hotel Facilities: Outdoor Swimming pool 312 m2, Restaurant for 200 people, 1 Conference room for 250 people, 1 Conference room for 150 people, Internet corner,Lobby area, Bar
Room Facilities:
No. of elevators: 4 elevators
Max No. of Levels (floors): 4 levels
No. of buildings: 1 Building
Hotel view: Sea View
Between the hotel and the beach: There is a road between the hotel and the sea
Beach landscape: Sandy
Number of Beds: 450
Total builded area in m2 : 8 800
Land size in m2 : 4 200
Land characterization : In urban planning
Remarks : Hotel property for sale in Greece. Hotel real estate for sale - to buy hotel in Greece. Hotel for sale in the Dodecanese islands.
Development potential
Further permitted building area (m2): n/a
Subprojects / Remarks: n/a
Available land attached (m2): n/a
Distance from
The beach: 50 meters
Airport: 17 km
Heliport: 17 km
Seaplane Terminal: n/a
Harbour: 1 km
City / Village: 1,5 km from the old town
Medical Center: 1 km
Marketing Data
The hotel operates: 12 months
Agreement with Tour operators: from Europe
Wider area development: The largest of the Dodecanese Islands, Rodos is abundant in beaches, fertile wooded valleys, vivid culture and ancient history. Whether you seek the buzz of nightlife and beaches, diving in crystal clear water or a culture-vulture journey through past civilizations, it's all here. The atmospheric old town of Rodos is a maze of cobbled streets spiriting you back to the days of the Byzantine Empire and beyond. Further south is the picture-perfect town of Lindos, a weave-world of sugarcube houses spilling down to a turquoise bay. Family friendly, Rodos is the perfect base for day trips to neighbouring islands.
Celebrities in the island: Naomi Campbell, Vladimir Doronin, Anthony Quinn, George Cosmatos, Roger Moore, Claudia Cardinale, David Niven, Elliott Gould, Telly Savalas, Jacqueline Bisset, Irene Papas, James Fox, Kenneth Branagh, Leonard Cohen, David Gilmour, Roger Waters and many others
Tax data
Type of Transaction: Property sale
Tax / Remarks:
Financial Data
Selling price € : 10 500 000 (Updated: Oct, 2017)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees :
Profit before Depreciations & Taxes / € :
Average yield / % :
Payback period / years :
Average Occupancy / % : from 65% to 70%
Government Financial Support: There is a free Financial Support on the investment
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