Region: Cyclades Islands

Prefecture / Location: click here for information about Paros

Sale type: Sale of operating hotel

Current Status: .

Alteration of use: The alteration of the hotel's use is not permitted

Suggested Usage: Hotel use . .

Area Category: .

Accommodation

Type of Accommodation: Near the sea .

Hotel Facilities:

Hotel view: Sea View

Distance from the beach: 30 meters

Other any properties between the real estate and the sea: .

Beach landscape: Rocky

Number of Beds: 65


Total builded area in m2 : 955

Land size in m2 : 900

Land characterization : Outside urban planning

Remarks :

Development potential

Further permitted building area (m2):

Subprojects / Remarks:

Available land attached (m2):

Distance from

Airport:

Heliport:

Harbour:

City / Village:

Medical Center:

Marketing Data

The hotel operates: 6 months

Agreement with Tour operators:

Wider area development:

Tax data

Type of Transaction: Property sale

Tax / Remarks:

Financial Data

Selling price € : 1 300 000

For the investor

Revenues of last year / € :

Operating Expenses of last year / € :

No. of employees :

Profit before Depreciations & Taxes / € : 100 000

Average yield of last year / % : 7,69

Payback period / years :

Average Occupancy of last year / % : from 70% to 75%

Government Financial Support: State Grant up to 30% on the investment

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