Region: Peloponnese

Prefecture / Location: click for info about East Peloponnese

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: Near the sea .

Hotel Facilities: Restaurant for 65 people and an indoor bar.

Hotel view: Sea & Mountain View

Distance from the beach: 50 meters

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

Beach landscape: Pebbly

Number of Beds: 72


Total builded area in m2 : 1 200

Land size in m2 : 780 m2

Land characterization : Outside urban planning

Remarks :

Development potential

Further permitted building area (m2): n/a

Subprojects / Remarks:

Available land attached (m2): 780 m2

Distance from

Airport: 87 km

Heliport:

Harbour: 51 km

City / Village: 1 km

Medical Center: There is one in the town

Marketing Data

The hotel operates: 6 months

Agreement with Tour operators:

Wider area development: The hotel is located in a sea-side touristic town which offers all the facilities.

Tax data

Type of Transaction: Property 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 / € : 200 000

Average yield of last year / % : 7,90

Payback period / years :

Average Occupancy of last year / % : from 60% to 65%

Government Financial Support: .

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