Region: Crete
Prefecture / Location: click here for information about Crete
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: Swimming pool, Restaurant for 70 people, pool bar, Fitness centre, Tennis court, Living room.
Hotel view: Sea View
Distance from the beach:
Other any properties between the real estate and the sea: No there are not
Beach landscape: Sandy & Pebbly
Number of Beds: 162
Total builded area in m2 : 1 650
Land size in m2 : 14 000
Land characterization : Outside urban planning
Remarks :
Development potential
Further permitted building area (m2): Extra m2 can be built.
Subprojects / Remarks:
Available land attached (m2): 20 000 m2
Distance from
Airport: 70 km
Heliport:
Harbour: 10 km
City / Village: 1 800 meters
Medical Center: 10 km
Marketing Data
The hotel operates: 6 months
Agreement with Tour operators:
Wider area development: The area has touristic development.
Tax data
Type of Transaction: Company sale
Tax / Remarks:
Financial Data
Selling price € : 11 000 000
For the investor
Revenues of last year / € :
Operating Expenses of last year / € :
No. of employees :
Profit before Depreciations & Taxes / € : 100.000
Average yield of last year / % : 0,91 %
Payback period / years :
Average Occupancy of last year / % : from 40% to 50%
Government Financial Support: .
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