Region: Macedonia
Prefecture / Location: click for info about Chalkidiki
Sale type: Sale of operating hotel
Current Status: .
Alteration of use: .
Suggested Usage: Hotel use . .
Area Category: Not a border area
Accommodation
Type of Accommodation: Attached to the sea / On the 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: 200
Total builded area in m2 : 3 680
Land size in m2 : 18 400
Land characterization : Outside urban planning
Remarks :
Development potential
Further permitted building area (m2): 1 000
Subprojects / Remarks:
Available land attached (m2): 13 000
Distance from
Airport: 100 km
Heliport: 10 km
Harbour: 7 km
City / Village: 7 km
Medical Center: 10 km
Marketing Data
The hotel operates: 6 months
Agreement with Tour operators: DER, TUI, MELI, FILOS, MOUZENIDIS
Wider area development:
Tax data
Type of Transaction: Property sale
Tax / Remarks:
Financial Data
Selling price € : 6 820 000
For the investor
Revenues of last year / € : 685 000
Operating Expenses of last year / € : 219 000
No. of employees :
Profit before Depreciations & Taxes / € : 466 000
Average yield of last year / % : 6,83
Payback period / years : 14,64
Average Occupancy of last year / % : from 40% to 50%
Government Financial Support: State Grant up to 60% on the investment
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