Region: Evia
Prefecture / Location:
Sale type: Sale of operating hotel
Current Status: .
Alteration of use: It is permitted to alter the hotel's use
Suggested Usage: Hotel use / Elderly center / Sanatorium
Area Category: Not a border area
Accommodation
Type of Accommodation: On the beach / Near a Town
Hotel Facilities: Restaurant, Indoor swimming pool with water drills, Healing Baths private, Aesthetics ,Spa therapies and Physiotherapy, Breakfast Lounge, Conference Hall - Recreation room, Sea-view cafeteria, Roof Garden which overlooks the bay, Parking lot
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: 172
Total builded area in m2 : 4 000
Land size in m2 : 4 000
Land characterization : In urban planning
Remarks :
Development potential
Further permitted building area (m2):
Subprojects / Remarks:
Available land attached (m2): n/a
Distance from
Airport:
Heliport:
Harbour: 60 km
City / Village:
Medical Center: 20 km
Marketing Data
The hotel operates: 7 months
Agreement with Tour operators: Hotel guests are Greek and Russian.
Wider area development: The island of Evia is the second largest in Greece, after Crete. Evia is famed, especially for its beautiful nature. Its fame is primarily due to its healing waters, which gush out at various points in the sea or close to beaches. Today it is a major tourist attraction for spa tourism. This hotel is a local jewel and has hosted celebrities such as Onassis, Maria Callas,, Omar Sharif, Eleftherios Venizelos etc.
Tax data
Type of Transaction: Company sale
Tax / Remarks:
Financial Data
Selling price € : 16 500 000
For the investor
Revenues of last year / € :
Operating Expenses of last year / € :
No. of employees : 12 employees X 5 months & 2 employee X 12 months
Profit before Depreciations & Taxes / € :
Average yield of last year / % :
Payback period / years :
Average Occupancy of last year / % : from 80% to 85%
Government Financial Support: State Grant up to 50% on the investment
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