Region: East Aegean Islands

Prefecture / Location:

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: Border area

Accommodation

Type of Accommodation: On the beach .

Hotel Facilities:

Hotel view: Sea View

Distance from the beach: The hotel has a 70-m front on the sea.

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

Beach landscape: Rocky & Pebbly

Number of Beds: 57


Total builded area in m2 : 1 700

Land size in m2 : 6 000

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: 10 km

Heliport:

Harbour: 15 km

City / Village: 15 km

Medical Center: 15 km

Marketing Data

The hotel operates: 7 months

Agreement with Tour operators:

Wider area development:

Tax data

Type of Transaction: Property sale

Tax / Remarks:

Financial Data

Selling price € : 1 700 000

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 / % : from 70% to 75%

Government Financial Support: State Grant up to 40% on the investment

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