Region: Peloponnese

Prefecture / Location: click for info about West Peloponnese

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: 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: 107


Total builded area in m2 : 1 350

Land size in m2 : 4 620

Land characterization : Outside urban planning

Remarks :

Development potential

Further permitted building area (m2):

Subprojects / Remarks:

Available land attached (m2):

Distance from

Airport: 17 km

Heliport:

Harbour: 25 km

City / Village: 3 km

Medical Center: 3 km

Marketing Data

The hotel operates: 5 months

Agreement with Tour operators: TUI

Wider area development:

Tax data

Type of Transaction: Property sale

Tax / Remarks:

Financial Data

Selling price € : 3 300 000

For the investor

Revenues of last year / € : 300 000

Operating Expenses of last year / € : 250 000

No. of employees : 12 employees X 5 months

Profit before Depreciations & Taxes / € : 50 000

Average yield of last year / % : 1,5

Payback period / years : 66,6

Average Occupancy of last year / % : from 75% to 80%

Government Financial Support: .

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