Region: Ionian Islands

Prefecture / Location: click here for info about Corfu

Sale type: Sale of operating hotel

Current Status: .

Alteration of use: It is permitted to alter the hotel's use

Suggested Usage: Hotel use . .

Area Category: Not a border area

Accommodation

Type of Accommodation: City Hotel .

Hotel Facilities:

Hotel view: Sea View

Distance from the beach: 2,5 km

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

Beach landscape: .

Number of Beds: 240


Total builded area in m2 : 4 500

Land size in m2 : 9 500

Land characterization : Outside urban planning

Remarks : .

Development potential

Further permitted building area (m2): n/a

Subprojects / Remarks: The use of the hotel can change into a shopping mall / medical centre / offices / apartments etc.

Available land attached (m2): n/a

Distance from

Airport: 3 km

Heliport:

Harbour:

City / Village:

Medical Center: 3,5 km

Marketing Data

The hotel operates: 7 months

Agreement with Tour operators:

Wider area development:

Tax data

Type of Transaction: Company sale

Tax / Remarks:

Financial Data

Selling price € : 17 600 000

For the investor

Revenues of last year / € :

Operating Expenses of last year / € :

No. of employees :

Profit before Depreciations & Taxes / € :

Average yield of last year / % :

Payback period / years :

Average Occupancy of last year / % : .

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

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