At a Glance:
Region: Ionian Sea
Prefecture / Location:
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 / Suite hotel / Wedding Hotel
Built in / year: 2003
Last Renovation / year: 2013
Accommodation
Type of Accommodation: Beachfront Hotel for sale / On the beach
Hotel Facilities: Reception, 4 Restaurants, Main Bar, Pool Bar, Snack Bar, 2 Swimming pools, 2 Tennis courts, Football court, Volley court, Gym, 2 kids clubs, Theatre, Mini Market
Room Facilities:
No. of elevators: 1 elevator
Max No. of Levels (floors): 3 levels
No. of buildings: 18 Buildings
Hotel view: Sea View
Between the hotel and the beach: There are not any properties
Beach landscape: Sandy
Number of Beds: 1 160
Total builded area in m2 : 18 000
Land size in m2 : 50 000
Land characterization : Outside urban planning
Remarks : The facade of the property to the beach is 400 meters long
Development potential
Further permitted building area (m2): n/a
Subprojects / Remarks: n/a
Available land attached (m2): 23 000
Distance from
The beach: Beachfront
Airport: 45 km
Heliport:
Seaplane Terminal:
Harbour: 45 km
City / Village: 6 km
Medical Center: 6 km
Marketing Data
The hotel operates: 7 months
Agreement with Tour operators:
Wider area development: The location it has long since established itself as one of the top resorts on the island. 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.
Tax data
Type of Transaction: Company sale
Tax / Remarks:
Financial Data
Selling price € : 59 000 000 (Updated: January, 2017)
For the investor
Revenues / € :
Operating Expenses / € :
No. of employees : 110
Profit before Depreciations & Taxes / € :
Average yield / % :
Payback period / years :
Average Occupancy / % : Over 90%
Government Financial Support: There is a free Financial Support on the investment
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