Region: Peloponnese

Prefecture / Location:

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: On the beach / City Hotel

Hotel Facilities: Luxury restaurant for 300 people, Pool & Children’s Pool, Gymnasium, sauna and hamam, Lobby bar, Ballroom, Pool Bar, Billiards & Ping-Pong. Multi purpose rooms and halls can easily host meetings, seminars, conferences, exhibitions, presentations and other professional or private events. All meeting rooms are equipped with state of the art audiovisual infrastructure and their capacity ranges from 10 to 300 attendants.

Hotel view: Sea View

Distance from the beach:

Other any properties between the real estate and the sea: No there are not

Beach landscape: Pebbly

Number of Beds: 134


Total builded area in m2 : 4 423

Land size in m2 : 5 013

Land characterization : Outside urban planning

Remarks :

Development potential

Further permitted building area (m2):

Subprojects / Remarks:

Available land attached (m2):

Distance from

Airport: 14 km

Heliport:

Harbour: 13 km

City / Village: 4 km

Medical Center: 14 km

Marketing Data

The hotel operates: 12 months

Agreement with Tour operators:

Wider area development: The hotel is located near a large city that offers all necessary and essential amenities.

Tax data

Type of Transaction: Property sale

Tax / Remarks:

Financial Data

Selling price € : 8 900 000

For the investor

Revenues of last year / € : 1 365 000

Operating Expenses of last year / € : 915 000

No. of employees :

Profit before Depreciations & Taxes / € : 450 000

Average yield of last year / % : 5,05

Payback period / years : 20

Average Occupancy of last year / % : from 50% to 60%

Government Financial Support: .

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