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Agent Details

Ktimatoemporiki Real Estate

Ktimatoemporiki Real Estate

Chania, Chania, Ταμπακαριά

Personal Information

Contact Number

+302821056600

G.E.M.I Number

ADS2342344

Telephone Number

6995554195

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Beachfront Hotel for sale in Crete with 150 beds. ID 02-370

Apokoronos, Greece

€8.000.000

Description

Beachfront Hotel for sale in Crete with 150 beds. Strategically located in one of the major touristic destinations of northern Crete, this 65-room, 3-star Hotel is a great investment opportunity, as it promises a profitable business during its operational months from May 1st till October 31st. The Hotel lies on a 5.000sqm plot, just 40 meters away from the crystal blue Cretan sea and offers a sum of 150 beds in total. The accommodation units consist of 65 double rooms between 18sqm and 25sqm, with private bathroom with shower, while all are all equipped with mini bar, telephone, cable/satellite TV, cooling remote control and hairdryer. On the main building a 24h reception area is offering a warm welcome to all guests. In the generous sized restaurant, guests can explore the local cuisine by trying the Cretan delicacies during lunch time and dinner time, while for breakfast a rich buffet is being prepared every morning offering everything that one could ask for including of course fresh local fruits. The outdoor facilities of the Hotel, include a lushful and children-friendly garden with palm trees, a 125sqm swimming pool, and an outdoor bar where guest can reward themselves with a cool and refreshing cocktail while they are enjoying the sun in one of the 80 sunbeds that are spread around the swimming pool as well as the sandy beach. A sports area beside the hotel building and right next to the beach, promises great fun while playing beach volley or football on the well taken care of lawn. Some of the numerous features of this 65 bed Hotel are housekeeping services every day, a bus stop 5 minutes on foot away, and spacious parking area. The Hotel’s personnel sum up to 20 people and mainly works with allotment and guarantee. Some of the Hotel’s financial data include a turnover of 460.000 – 490.000 euros per season, and 50.000 euros income from the bar. Crete, being blessed with a subtropical climate, is the only part in Greece with a touristic season of 6 or even 7 months. The touristic sector is thriving, and this is the reason why this 65-room Beachfront Hotel for sale is a perfect investment for those who want to run a profitable business.

Detailed Information

Category

Commercial

Prefecture Name

Apokoronas

Municipality

Chania

Location

Apokoronos

Address

Apokoronos, Greece

Property For

For Sale

Subcategory

Hotels

Plot Size

5000.00 m²

Price

€8.000.000

Maintenance

Contact agent for pricing

Security Deposit

Contact agent for pricing

Brokerage

Contact agent for pricing

Price Duration

Monthly

Calculate Financial Summary

Monthly Payment

€ 40.295

Principal Amount

€ 3.250.000

Total Interest Payable

€ 1.585.442

Total Amount Payable

€ 4.835.442

Payable Breakdown

Principal

67%

Interest

33%

This is an approximate calculation. Actual monthly payment values may vary depending on the lending institution.

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