Investment Property Greece

The hotel for sale is in total 900m² (excluding 80m² for any additional construction) in a land of 1.500m², constructed in 2005, with a big swimming pool of 72m² and a smaller one for children surrounded by pool loungers. Furthermore wireless internet is available.

At the moment it is operating from July to September, providing a mixed clientele of English, Italian Russian and domestic guests.

The accommodations are in total 19 and comprised of:

• 4 studios of 52-54m² ,fully furnished, 4 - beded , private air conditioning, fire place, autonomous heating , kitchenette, telephone, colour TV , balconies offering mountain/pool view and one (1) full bathroom.

• 1 studio of 35m², fully furnished, 3 - beded , private air conditioning, autonomous heating , kitchenette, telephone, colour TV , balconies offering mountain/pool view and one (1) full bathroom.

• 14 studios of 22-25m², fully furnished, 2 - beded , private air conditioning, autonomous heating , kitchenette, telephone, colour TV, balconies offering mountain/pool view and one (1) full bathroom.

The business only for this season is currently generating income of approx. 100.000 -110.000 Euro.

The hotel staffing requires two (2) part time cleaning staff members and one (1) part time kitchen staff member.

The expenses, taking in account personnel payrolls, electricity, clothing cleaning, supplies and catering, are approximately 25.000 Euros.

All included and after expenses, the hotel generates a net season income of approx. 85.000 Euros.