Ktimatoemporiki Real Estate
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Language: EN

Hotel for sale in Heraklion.
ID 22-714

800.000€
Property: For Sale
Prefecture: Heraklion
Property size: 650 m2
Plot size: 865 m2
Property Type: Hotels
Municipality: Heraklion
Location: Kokkini Chani
Ref No.: 22-714
Year: 1980
Rooms: 13
Levels: 3 levels

Description

Hotel for sale in Heraklion. This unique hotel built in 1980, located on the main coastal road in Kokkini Hani, Heraklion. This exceptional location combines excellent visibility with close proximity to the sea, making it an ideal investment opportunity.

The hotel currently features 13 rooms and sits on a plot of 865 sq.m. with significant frontage on the main road. The building spans a total area of 650 sq.m. across three levels, with the first floor and ground floor each covering 197 sq.m., and a semi-elevated basement of 245 sq.m. that can be converted into a kitchen or spa.
Hotel for sale in Heraklion. This unique hotel built in 1980, located on the main coastal road in Kokkini Hani, Heraklion. This exceptional location combines excellent visibility with close proximity to the sea, making it an ideal investment opportunity.

The hotel currently features 13 rooms and sits on a plot of 865 sq.m. with significant frontage on the main road. The building spans a total area of 650 sq.m. across three levels, with the first floor and ground floor each covering 197 sq.m., and a semi-elevated basement of 245 sq.m. that can be converted into a kitchen or spa.

The property requires renovation but offers great potential for redevelopment, including the option to create pools of various sizes in both the front and rear outdoor areas.

As an alternative, the site presents an opportunity to develop four luxury maisonettes of 165 sq.m. each, with every unit featuring its own private pool, enhancing the appeal for high-end residential or tourist use.

A preliminary business plan has already been prepared for transforming the property into a boutique hotel with 12 suites. The estimated cost includes €950,000 for construction, offering significant potential for a high-yield investment in this sought-after location.

This hotel is not just a property; it is an invitation to embrace a vision of hospitality that combines comfort with an enviable coastal lifestyle, promising an enchanting escape for visitors and residents alike. Seize the opportunity to transform this gem into a thriving destination, where every detail reflects the beauty and charm of its idyllic surroundings.

Hotel for sale in Heraklion. Location Information:

Heraklion Greece is the most popular region of the island and is located on the eastern side of Crete, between Rethymno and Lassithi. The beautiful capital of Heraklion region, Heraklion Town, is one of the busiest city centers in Crete.

Heraklion or Iraklion has undergone a significant makeover in recent years because of the city’s increasing prosperity.

Infrastructure works have included the redevelopment of the waterfront, improved roads, and a city bypass to ease traffic congestion, and maybe the most important much of the historic center has been turned into pleasant pedestrian strips.

The Heraklion airport, named after the Cretan writer Nikos Kazantzakis, is one of the biggest in Greece and receives approximately 15% of the total tourist traffic of Greece.

Heraklion’s airport is about 5km east of the city. Major car rental companies have desks at the airport. Taxi and public buses are available for transfer from/to Heraklion.

You may visit our Golden Visa page, https://greek-golden-visa.com/ for detailed information regarding the procedure for applying for and obtaining the Greek Golden Visa, as well as all its benefits.

Location

The property is situated at Heraklion, Heraklion, Kokkini Chani.

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Ktimatoemporiki Real Estate
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