Region: Crete
Prefecture / Location: click here for information about Crete
Sale type: Sale of hotel under construction
Current Status: 5* hotel under construction
Alteration of use: .
Suggested Usage: Condo hotel use / Sanatorium / Elderly center
Area Category: Border area
Accommodation
Type of Accommodation: Attached to the sea / With private beach
Hotel Facilities:
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: 3 606
Total builded area in m2 : 30 000+
Land size in m2 : 272 059
Land characterization : Outside urban planning
Remarks :
Development potential
Further permitted building area (m2): Part of the construction which consists of 30 000 m2 of concrete has been completed and there are additional m2 to be built. The project concerns of 5-star hotels (915 units, 3 606 beds) and a lot of other facilities.
Subprojects / Remarks:
Available land attached (m2): n/a
Distance from
Airport:
Heliport:
Harbour:
City / Village:
Medical Center:
Marketing Data
The hotel operates: 7 months
Agreement with Tour operators:
Wider area development:
Tax data
Type of Transaction: Company sale or Property sale
Tax / Remarks:
Financial Data
Selling price € : 17 600 000
For the investor
Revenues of last year / € :
Operating Expenses of last year / € :
No. of employees :
Profit before Depreciations & Taxes / € :
Average yield of last year / % :
Payback period / years :
Average Occupancy of last year / % : .
Government Financial Support: .
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