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Boutique Hotel for Renovation in Rethymno Crete for sale.
ID 12-543
2.000.000€
Description
Boutique Hotel for Renovation in Rethymno Crete for sale. Right in the heart of the beautiful and picturesque city of Rethymno, this 1.225sqm Hotel with 25 suites can be transformed into a magnificent Boutique hotel, representing an excellent investment opportunity whilst occupying a most appealing setting!
Proudly standing on a 1.300sqm private plot, it has considerable accommodation arranged over seven levels of 175sqm each, providing 25 capacious suites.
In detail, the lower level has 2 suites with pool views, and the machinery and equipment of the hotel.
Proudly standing on a 1.300sqm private plot, it has considerable accommodation arranged over seven levels of 175sqm each, providing 25 capacious suites.
In detail, the lower level has 2 suites with pool views, and the machinery and equipment of the hotel.
Boutique Hotel for Renovation in Rethymno Crete for sale. Right in the heart of the beautiful and picturesque city of Rethymno, this 1.225sqm Hotel with 25 suites can be transformed into a magnificent Boutique hotel, representing an excellent investment opportunity whilst occupying a most appealing setting!
Proudly standing on a 1.300sqm private plot, it has considerable accommodation arranged over seven levels of 175sqm each, providing 25 capacious suites.
In detail, the lower level has 2 suites with pool views, and the machinery and equipment of the hotel.
There is also a grand swimming pool for many guests to cool off at the same time, surrounded by a spacious pool terrace for sunbathing.
The ground floor is occupied by the welcoming reception area, as well as 2 more suites with a view of the pool.
The second, third, and fourth floor consist of 5 suites each, while the fifth floor has 2 suites.
All the units from the first floor upwards are capturing stunning views of the mesmerizing sea stretching endlessly.
A great feature is the roof terrace ideal to be converted into a magnificent roof garden with stunning views of the Cretan sea, the perfect spot for all guests to enjoy a refreshing drink while gazing at the romantic sunset by the calming sea.
It is in need of major renovation, which when completed, it will transform this hotel to a true masterpiece.
The total cost for renovation is estimated at 1.000.000 Euro, and a financial analysis can be provided upon request.
With a complete study for the renovation and the profit margins when finished, this is a unique chance for investment in Crete.
Grab this chance and be the proud owner of this magnificent hotel which is meant to be successful!
Boutique Hotel for Renovation in Rethymno Crete for sale Location Information:
The city of Rethymnon, 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, 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 extend, 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 a healthy tourist development and a 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 see 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.
Proudly standing on a 1.300sqm private plot, it has considerable accommodation arranged over seven levels of 175sqm each, providing 25 capacious suites.
In detail, the lower level has 2 suites with pool views, and the machinery and equipment of the hotel.
There is also a grand swimming pool for many guests to cool off at the same time, surrounded by a spacious pool terrace for sunbathing.
The ground floor is occupied by the welcoming reception area, as well as 2 more suites with a view of the pool.
The second, third, and fourth floor consist of 5 suites each, while the fifth floor has 2 suites.
All the units from the first floor upwards are capturing stunning views of the mesmerizing sea stretching endlessly.
A great feature is the roof terrace ideal to be converted into a magnificent roof garden with stunning views of the Cretan sea, the perfect spot for all guests to enjoy a refreshing drink while gazing at the romantic sunset by the calming sea.
It is in need of major renovation, which when completed, it will transform this hotel to a true masterpiece.
The total cost for renovation is estimated at 1.000.000 Euro, and a financial analysis can be provided upon request.
With a complete study for the renovation and the profit margins when finished, this is a unique chance for investment in Crete.
Grab this chance and be the proud owner of this magnificent hotel which is meant to be successful!
Boutique Hotel for Renovation in Rethymno Crete for sale Location Information:
The city of Rethymnon, 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, 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 extend, 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 a healthy tourist development and a 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 see 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.
Location
The property is situated at Rethymnon, Rethymnon, Rethymnon.
Contact Agent
Ktimatoemporiki Real Estate
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