Hotel for sale in South Crete. Just 1km away from Matala, one of the most famous beaches of Crete, this exquisite hotel of 240sqm with 7 units in total, is an excellent investment opportunity as it is perfectly set in a popular tourist destination worldwide.
The prestigious hotel is set on a 1450sqm private piece of land, offering magnificent views of a rural setting of extreme natural beauty.
It spreads on two buildings and comprises 7 units in total.
The first building of 200sqm comprises 6 studio apartments perfectly arranged on two levels.
Each floor consists of 3 studio apartments of 27sqm each, with private bathrooms with showers, and 5sqm balconies offering stunning views of the mountains and the verdant plaint.
The studios are fully furnished and equipped to high standards, featuring COCO-MAT mattresses, a/c units, and solar water heaters.
The second building of 40sqm is a ground floor residence of 40sqm consisting of a spacious open plan area with a living room and a kitchen, as well as a bedroom and a bathroom with a shower. This unit is gifted a 10sqm veranda where guests can enjoy ultimate relaxation moments.
The entire hotel was fully renovated in 2018 and is highly ranked on Booking platforms.
This is an interesting investment opportunity and a nice hotel with room for further improvement!
Hotel for sale in South Crete Location Information:
Matala is a seaside village in south Crete, near Phaistos, the second-largest Minoan Palace in Crete.
Matala became famous in the Sixties, when hippies came here from all over the world to live in the celebrated caves of Matala, next to the beach.
Matala is ideal for those who want to spend their holidays near lovely beaches, large archaeological sites, and many villages which retain their traditional atmosphere.
Matala itself has lost most of its traditional color, but traditional villages such as Sivas and Kamilari are nearby, with many more waiting to be discovered within a 20-kilometer radius.
Matala has a wonderful beach, while nearby are the beaches of Kokkini Ammos and Kommos.
Matala is 71 km south of Heraklion, located in a very pretty and picturesque spot in the Bay of Messara.
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