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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

Beachfront Hotel for sale in Rethymno. ID 12-708

Rethymnon, Greece

€1.200.000

Description

Beachfront Hotel for sale in Rethymno. Nestled along the stunning shores of Crete, near the historic city of Rethymno, this charming boutique motel offers a rare opportunity to revive a seaside retreat. Situated on a spacious 1,001.51 sqm plot, the property is comprised of two distinct units, with a total built area of 664 sqm, of which 421 sqm is dedicated to main use. Although currently inactive and in need of renovation, the motel boasts immense potential for transformation into a luxurious getaway or a cozy boutique hotel. Built in 1993, the property includes a reception building with a large basement, and a second structure housing two floors of accommodations. The rooms are divided into seven generously sized 40 sqm apartments and an additional 25 sqm studio, each complete with a private bathroom, kitchen, and balcony that opens up to breathtaking sea views. These features present an ideal layout for guests to enjoy both comfort and privacy while experiencing the beauty of the Cretan coastline. Adding to its allure, the property comes with additional building rights for 310.61 sqm, offering further development possibilities. There are plans to enhance the existing structures and expand the property, transforming it into a boutique hotel with a total of 47 beds. The envisioned renovation would include adding private pools and garden areas for the ground-floor units, creating an even more exclusive experience for future guests. With its prime beachfront location, expansive plot, and endless potential for development, this property presents a unique investment opportunity. Whether as a boutique hotel or a collection of seaside apartments, this intimate haven on Crete’s coast invites the next chapter of luxurious hospitality and island living. Beachfront Hotel for sale in Rethymno. Location Information: The city of Rethymnon is a place blessed with beauty, embraced by breathtaking mountains and the deep blue of the Mediterranean, decorated with renaissance colors, and inhabited by people known for their hospitality, and for honoring their ancestors and traditions. It is a place one falls in love at first sight and visitors are able to feel the positive vibes of the city from the very first moment, making them feel at home. The city of Rethymno is an ideal tourist destination for visitors who wish to explore the rich cultural heritage and the natural beauties of Crete. This well-organized city offers to visitors a variety of picturesque routes to follow and numerous historical monuments to visit. The old city of Rethymno still preserves its old urban structure to a great extent, formed during the Venetian period and later reformed during the Turkish occupation. It has been declared a protected historical monument and a traditional settlement. The Municipality actively contributes to the preservation of the historical and cultural heritage of the old city and promotes healthy tourist development and high quality of life for its citizens through the proper management of socio-economic activities. A number of projects have been realized, or are under realization, covering all aspects of the city life linked to its history, culture, and architecture. In Rethymno, you can enjoy the breathtaking sight of an endless sandy beach that meets on one side the blue sea and on the other the enchanting view of the city. The beach of Rethymno is 12 km long, starting from the historical city center and extending to the Eastern part of the isle reaching Scaleta. Rethymno beach has fine-grained brilliant light brown sand. Where you can walk barefoot and feel how soft and beautiful it is. There’s nothing more rejuvenating than kicking off your shoes to sink your toes into powdery-golden, squeaky-clean beach sand. You may visit our Golden Visa page, https://greek-golden-visa.com/ for detailed information regarding the procedure of applying and obtaining the Greek Golden Visa, as well as all its benefits.

Detailed Information

Category

Commercial

Prefecture Name

Rethymnon

Municipality

Rethymnon

Location

Rethymnon

Address

Rethymnon, Greece

Property For

For Sale

Subcategory

Hotels

Build Year

1993

Total Area

664 m²

Plot Size

1001.00 m²

Price

€1.200.000

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.