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Hotel Ref.: 1218/05
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: 2 Swimming pools, Restaurant for 200 people, indoor bar, pool bar, Tennis court, mini golf. There is the substructure for the building of a SPA.

Hotel view: Sea & Mountain View

Distance from the beach: 400 meters

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

Beach landscape: Sandy

Number of Beds: 200


Total builded area in m2 : 3 550

Land size in m2 : 11 500

Land characterization : Outside urban planning

Remarks :

Development potential

Further permitted building area (m2): n/a

Subprojects / Remarks:

Available land attached (m2): 8 000 m2

Distance from

Airport: 14 km

Heliport:

Harbour: 12 km

City / Village: 12 km

Medical Center: 12 km

Marketing Data

The hotel operates: 6 months

Agreement with Tour operators:

Wider area development: The island is one of the most frequented holiday spots in Greece, receiving 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: Property sale

Tax / Remarks:

Financial Data

Selling price € : 3 520 000

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 / % : 17 %

Payback period / years :

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

Government Financial Support: .


Glossary / Remarks: Click For Information

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