At a Glance:
Region: East Peloponnese
Prefecture / Location:
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 / Wedding Hotel / Business Meetings
Built in / year: 1972
Last Renovation / year: 2004
Accommodation
Type of Accommodation: City Hotel / Business Hotel
Hotel Facilities: Restaurant, Café Bistro, Snack bar , Lobby area, Conference room, TV lounge, Parking
Room Facilities:
No. of elevators: 3 elevators
Max No. of Levels (floors): 8 levels
No. of buildings: 1 Building
Hotel view: Panoramic view
Between the hotel and the beach:
Beach landscape:
Number of Beds: min 150 - max 180
Total builded area in m2 : 2 424
Land size in m2 : 476
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: 40 km
Airport: 71 km
Heliport: 71 km
Seaplane Terminal: n/a
Harbour: 91 km
City / Village: In the Town
Medical Center: 1 500 meters
Marketing Data
The hotel operates: 12 months
Agreement with Tour operators: from Greece, United Kingdom, Italy, Spain, France
Wider area development: The wider area is a mountainous land of rivers, running streams, deep gorges, Frankish forts, Byzantine churches and monasteries, traditional villages and ancient cities.
Tax data
Type of Transaction: Property sale
Tax / Remarks: The objective value is 2,000,000 euros
Financial Data
Selling price € : 4 400 000 (Updated: December 2016)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees :
Profit before Depreciations & Taxes / € :
Average yield / % :
Payback period / years :
Average Occupancy / % : from 40% to 45%
Government Financial Support: There is a free Financial Support on the investment
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