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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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Hotel for sale in Heraklion Crete. ID 22-391

Heraklion, Greece

€3.800.000

Description

Hotel for sale in Heraklion Crete. Become the proud owner of a profitable hotel business when you invest in this successful hotel with 75 rooms near the cosmopolitan city of Heraklion. The hotel lies on a 5.000sqm piece of land and consists of 2 buildings. The first one, spreading on 2 levels, was originally built in 1988 and was fully renovated in 2008, while the second one was built in 2000 and spreads on three floors. They are occupied by 75 rooms with 180 beds in total, all equipped with a seating area, a bathroom with a shower or a bathtub, and a balcony facing the landscaped garden or the impressive mountainous backdrop. The interiors also include a spacious reception area with marble floors, and a large seating area, as well as a bar and a restaurant looking out towards the garden, serving delicious traditional dishes. The outdoor areas are secluded and secured by a stone fence, and accessed via a large iron gate. They are featuring colorful blossomed gardens surrounding the pool area and the large swimming pool, while there is also a huge venue ideal for hosting events like weddings and parties. The swimming pool comes with a pool bar for guests to enjoy refreshing drinks and cocktails, while there are also a pool table and a ping pong table for those who wish to spend some time playing with their loved ones. The hotel also owns a bus for transferring the guests from and to the beach, which is just 500m away. A staff of 25-38 employees is required for the period from the 20th of April to the 2nd of November that the hotel is operating, as an occupancy of 80% to 100% is achieved, mainly by guests from Germany, United Kingdom, Russia and the Czech Republic. Being a fully operational hotel business in a prime location, this hotel is a must-see for investors seeking a ready-made Cretan business.

Detailed Information

Category

Commercial

Prefecture Name

Heraklion

Municipality

Heraklion

Location

Heraklion

Address

Heraklion, Greece

Property For

For Sale

Subcategory

Hotels

Build Year

1988

Plot Size

5000.00 m²

Price

€3.800.000

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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