Region: Cyclades Islands

Prefecture / Location: click here for info about Mykonos

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: Not a border area

Accommodation

Type of Accommodation: Attached to the sea / On the beach

Hotel Facilities: Pool Bar, Lobby Bar, Beach Bar, 2 Restaurants, Shop, Entertainment room, 2 Swimming pools.

Hotel view: Sea View

Distance from the beach:

Other any properties between the real estate and the sea: No there are not

Beach landscape: Sandy

Number of Beds: 210


Total builded area in m2 : 5 500

Land size in m2 : 10 000

Land characterization : Outside urban planning

Remarks :

Development potential

Further permitted building area (m2): n/a

Subprojects / Remarks:

Available land attached (m2): n/a

Distance from

Airport:

Heliport:

Harbour:

City / Village:

Medical Center:

Marketing Data

The hotel operates: 5 months

Agreement with Tour operators:

Wider area development:

Tax data

Type of Transaction: Company sale

Tax / Remarks:

Financial Data

Selling price € : 7 150 000 the 50% of the S.A. company

For the investor

Revenues of last year / € :

Operating Expenses of last year / € :

No. of employees :

Profit before Depreciations & Taxes / € : 1.400.000 (The 100% of the S.A. company)

Average yield of last year / % :

Payback period / years :

Average Occupancy of last year / % : from 80% to 85%

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

|