Beachfront Hotel for Sale in Crete - Investment Sensational 1.600m² beachfront hotel for sale in an area on Crete that has become a highly well known tourist attraction in which every summer the beaches are bustling with people enjoying the sand, sea and summer nights...
3.500m² located on corner plot right on the beach on the Northern tip of Crete. Nearby you will find hotels, cafes, shops, tavernas, horse-back riding, water sports, amusement park and restaurants all within walking distance.
Offering stunning sea side views of the Cretan Sea and the surrounding “Lefka Ori” (White Mountains), beginning with 10km of beach that runs beside the Ethniki Odos (National Highway) from Chania to Rethymnon (at a distance of 20km).
The area has become a highly well known tourist attraction in which every summer the beaches are bustling with people enjoying the sand, sea and summer nights.
The village has spread out considerably in recent years along the clear beach front and has been declared a nature reserve and has a rich natural wildlife! A B Class, 3 Star, 120 bed (52 rooms) hotel business with guaranteed rental income through contract with a tour operator.
Ten (10) of the 52 rooms are under contracted guarantee per season, the remaining 42 rooms operate under allotment. Currently the hotel clientele provides a mixed clientele of Scandinavian, English, Czech and German guests.
Completely constructed, there is a possibility to add additional 900m² ,which means approximately 25-30 more rooms
to the building and founded in 1991/1992.
The hotel staffing requires twelve (12) members for personnel. All included and after expenses, the hotel generates a gross income is approximately between 400.000 Euro and 450.000 Euro of which 200.000 Euro is net income per season. There is availability for financing.
The Beach Hotel is 1.600m², upon entering the beach hotel, a large reception area with fully furnished Lobby and telephone center in the foyer. The hotel is constituted by luxurious furnished accommodations with a capacity of 2-6 individuals and all fitted private air conditioning, shower, telephone, and colour satellite TV.
The hotel offers restaurants, a bar and a tavern. The restaurant and kitchen are located on the ground level of the hotel. The restaurant is open daily and
features a menu that currently offers a mix of traditional Cretan and international cuisines. All common areas of the hotel are fully air conditioned and the hotel has solar units.
At a Glance:
- 10 Three-Bed Suites of 18m² (3 of the Three-Bed Suites are equipped with kitchenette)
- 42 Two-Bed Suites 16 m² (16 of the Two-Bed Suites are equipped with kitchenette)
- Reception area
- Swimming pool of 180m²
- Two (2) Kiddie Pools