Region: Dodecanese Islands
Prefecture / Location: click here for information about Rodos
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: With private beach .
Hotel Facilities: The hotel is one of the Leading hotels in Greece.
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
Number of Beds: 400
Total builded area in m2 : 13 680
Land size in m2 : 51 000
Land characterization : Outside urban planning
Remarks :
Development potential
Further permitted building area (m2): n/a
Subprojects / Remarks:
Available land attached (m2): 127 000 m2
Distance from
Airport: 55 km
Heliport:
Harbour: 55 km
City / Village: 55 km
Medical Center: 55 km
Marketing Data
The hotel operates: 7 months
Agreement with Tour operators:
Wider area development: Lost in the heart of the blue Aegean infinity, right in the middle of the Dodecanese complex, the Island of Rhodes never ceases to impress and to attract every year thousands of visitors longing for sun and sea holidays, spiced up with the authentic friendly atmosphere of Greece. Rhodes Island is an oasis of Greek authenticity in the middle of the fascinating Aegean! Amazing in diversity, the Island of Rhodes is more than an idyllic getaway of Greece. You will be delighted to discover Byzantine wonders, romantic medieval castles guarding the island coasts, Turkish influences, lovely orthodox monasteries, Italian healing baths, layers and layers of Greek history reminding of all the years that passed over this superb island. People of Rhodos, from the fishermen in the small harbors along the coasts, to the merchants that knew how to benefit from the sea, all kept their friendly and open character, while the ancient Greek traditions were always followed and survived until today.
Tax data
Type of Transaction: Company sale or Property sale
Tax / Remarks:
Financial Data
Selling price € : 47 300 000
For the investor
Revenues of last year / € :
Operating Expenses of last year / € :
No. of employees :
Profit before Depreciations & Taxes / € : 5 000 000
Average yield of last year / % : 10,57
Payback period / years :
Average Occupancy of last year / % : from 65% to 70%
Government Financial Support: State Grant up to 40% on the investment
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