Region: Dodecanese Islands
Prefecture / Location: click here for information about Kos
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: Near the sea .
Hotel Facilities: Swimming pool, Restaurant for 100 people, 3 bars, Conference rooms for 60 people, Fitness centre.
Hotel view: Sea View
Distance from the beach: 500 meters
Other any properties between the real estate and the sea: Yes there are
Beach landscape: Sandy
Number of Beds: 150
Total builded area in m2 : 3 500
Land size in m2 : 19 000
Land characterization : Outside urban planning
Remarks :
Development potential
Further permitted building area (m2): 600 m2
Subprojects / Remarks:
Available land attached (m2): 60 000 m2
Distance from
Airport: 3 km
Heliport:
Harbour: 24 km
City / Village: 24 km
Medical Center: 24 km
Marketing Data
The hotel operates: 6 months
Agreement with Tour operators:
Wider area development: The island is one of the most popular holiday spots in Greece, welcoming thousands of visitors from Greece and abroad every year. Due to its popularity, as well as its large number of permanent residents the island has a very well-developed tourist infrastructure, including tourist offices, travel agencies, car rental agencies, and shops of all kinds.
Tax data
Type of Transaction: Company sale or Property sale
Tax / Remarks:
Financial Data
Selling price € : 6 000 000
For the investor
Revenues of last year / € :
Operating Expenses of last year / € :
No. of employees :
Profit before Depreciations & Taxes / € : 600 000
Average yield of last year / % : 10 %
Payback period / years :
Average Occupancy of last year / % : from 65% to 70%
Government Financial Support: .
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