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Hotel for Sale in Greece - Full Description
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Hotel Ref.: 1307/02 Back to Search results

At a Glance: Beachfront - Seafront hotel for sale, 120 beds, excellent location, plot 3 666 m2. The hotel needs renovation.

Region: East Sterea

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 / Residential use / Elderly center

Built in / year: 1974

Last Renovation / year: 1981


Type of Accommodation: Seafront Hotel for sale / Family Hotel

Hotel Facilities: Lobby area 100 m2, 1 Restaurant 200 m2, 1 indoor Bar 120 m2, 1 Beach bar 400 m2

Room Facilities:

No. of elevators: 2 elevators

Max No. of Levels (floors): 4 levels

No. of buildings: 2 Buildings

Hotel view: Sea View

Between the hotel and the beach: There are not any properties

Beach landscape: Sandy

Number of Beds: 120 Beds (62 rooms)

Total builded area in m2 : 2 762 the main hotel + 400 m2 the beachbar

Land size in m2 : 3 064 the plot of the main hotel + 400 m2 the plot of the beachbar

Land characterization : In urban planning

Remarks :

Development potential

Further permitted building area (m2): n/a

Subprojects / Remarks:

Available land attached (m2): n/a

Distance from

The beach: Beachfront

Airport: 85 km


Seaplane Terminal:

Harbour: 800 meters

City / Village: 500 meters

Medical Center: 5 km

Marketing Data

The hotel operates: 12 months

Agreement with Tour operators: from Austria

Wider area development: Beach bars, Restaurants, Basketball courts, football fields, Wind Surfing, Tennis Courts, Water Skiing, Shops and many other activities

Tax data

Type of Transaction: Property sale

Tax / Remarks:

Financial Data

Selling price : 2 200 000 (Updated: Nov, 2016)

For the investor

Revenues / € : 700 000

Operating Expenses / € : 400 000

No. of employees : 6 employees X 12 months

Profit before Depreciations & Taxes / € : 300 000

Average yield / % :

Payback period / years :

Average Occupancy / % :

Government Financial Support: State Grant up to 60% on the investment

Important Notes: Click For Information

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