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: Near the sea / City Hotel
Hotel Facilities: 2 swimming pools (one for adults and one for children), 2 Restaurants for 250 people (one outdoor Restaurant for 150 people and one indoor for 100 people), a bar, a Fitness center, a livilg room, a Reception and a playground.
Hotel view: Sea & Mountain View
Distance from the beach: 200 meters
Other any properties between the real estate and the sea: Yes there are
Beach landscape: Sandy
Number of Beds: 250
Total builded area in m2 : 1 300
Land size in m2 : 3 500
Land characterization : In urban planning
Remarks :
Development potential
Further permitted building area (m2): n/a
Subprojects / Remarks:
Available land attached (m2): 1 000 m2
Distance from
Airport: 7 km
Heliport:
Harbour: 8 km
City / Village: 6 km
Medical Center: 6 km
Marketing Data
The hotel operates: 12 months
Agreement with Tour operators:
Wider area development: There are several archaeological sites of great importance in the area. There are countless beaches for all tastes: big, small, noisy, quiet or cosmopolitan and all of them are fascinating. Generally speaking, the wider area has the touristic infrastructure for a luxury stay.
Tax data
Type of Transaction: Property sale
Tax / Remarks:
Financial Data
Selling price € : 2 640 000
For the investor
Revenues of last year / € :
Operating Expenses of last year / € :
No. of employees :
Profit before Depreciations & Taxes / € : 300 000
Average yield of last year / % : 11,36
Payback period / years :
Average Occupancy of last year / % : from 70% to 75%
Government Financial Support: .
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