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Region: Peloponnese

Prefecture / Location: click for info about East Peloponnese

Sale type: Sale of hotel under construction

Current Status: 5* hotel under construction

Type of Accommodation: On a mountain / Near the sea

Alteration of use: .

Suggested Usage: Sanatorium / Elderly center .

Number of Beds: 77

Total builded area in m2: 5 050

Land size in m2: 52 000

Land Characterization: Outside urban planning

Further permitted building area (m2): n/a

Subprojects: SPA, Heliport, tennis court, Restaurant, Swimming pool, conference room for 1 000 people. The total cost for the hotel building completion is 4 600 000 €. 1 500 000 € has been invested so far. The feasibility study of the project for the next 5 years, is an annual occupancy of 35% with annual yield 30% and net profit per year of 800 000 €.

Available land attached (m2): 20 000 m2

Selling price €: 1 740 000

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