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: .

Accommodation

Type of Accommodation: Near the sea .

Hotel Facilities:

Hotel view: Sea View

Distance from the beach: 700 meters

Other any properties between the real estate and the sea: Yes there are

Beach landscape: Sandy

Number of Beds: 280


Total builded area in m2 : 3 820

Land size in m2 : 5 500

Land characterization : Outside urban planning

Remarks : .

Development potential

Further permitted building area (m2): n/a

Subprojects / Remarks:

Available land attached (m2): 5 000 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: Company sale

Tax / Remarks:

Financial Data

Selling price € : 2 530 000

For the investor

Revenues of last year / € :

Operating Expenses of last year / € :

No. of employees :

Profit before Depreciations & Taxes / € : 400 000

Average yield of last year / % : 15,81 %

Payback period / years :

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

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

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