Region: Ionian Islands

Prefecture / Location: click here for info about Zakynthos

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 .

Hotel Facilities:

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 & Pebbly

Number of Beds: 79


Total builded area in m2 : 1 080

Land size in m2 : 4 870 m2

Land characterization : Outside urban planning

Remarks :

Development potential

Further permitted building area (m2): 1 400 m2 (45-50 rooms)

Subprojects / Remarks:

Available land attached (m2): 1 500 m2

Distance from

Airport: 16 km

Heliport:

Harbour:

City / Village: 16 km

Medical Center: 16 km

Marketing Data

The hotel operates: 6 months

Agreement with Tour operators:

Wider area development:

Tax data

Type of Transaction: Company sale

Tax / Remarks:

Financial Data

Selling price € : 2 860 000

For the investor

Revenues of last year / € :

Operating Expenses of last year / € :

No. of employees :

Profit before Depreciations & Taxes / € : 300 000

Average yield of last year / % : 10,48

Payback period / years :

Average Occupancy of last year / % : from 85% to 90%

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

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