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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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Luxury hotel for sale in Crete. ID 12-298

Rethimno 741 00, Greece

€3.000.000

Description

Luxury hotel for sale in Crete. This 1000m² seafront hotel with a private beach has 12 maisonettes (with 36 beds in total), a restaurant, a bar, a spa, and a heated swimming pool. It is one of the most unique historical buildings in Greece, and offers an exceptional opportunity for investment as this kind of building is a jewel and it is rarely available for sale. Built in 1886, the hotel was initially the summer residence for the Turkish lord of Rethymnon. During the early 20th century, it was converted into a Female School, while after the war it was turned into a Sardine Factory. Finally, in 1985 and after several years of abandonment, it became a hotel. It is a luxury hotel that has an exceptional character with all the historical elements that are kept with great care. It is 1000m² in total and on the 280m² ground floor, there is a restaurant, a bar and the reception indoors. The outdoor area is 300m² with a restaurant area for 80 people. On the first and the second floor (150m² each), there are 12 spacious maisonettes, each suitable for 2-4 people. They all have large balconies and verandas and panoramic sea views to the sea, the Fortress and the port. The hotel operates all-year around and the yearly capacity is at 80%.

Detailed Information

Category

Commercial

Prefecture Name

Rethymnon

Municipality

Rethymnon

Location

Rethimno 741 00

Address

Rethimno 741 00, Greece

Property For

For Sale

Subcategory

Hotels

Total Area

1000 m²

Price

€3.000.000

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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