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Hotel in Greece for sale
Hotel in Greece for saleSKU : #02-116
Price : 18000000€;
Location : Greece :: Crete
Category : Hotels

In close distance to the Cretan Sea, for sale an Apartment Hotel of the cat. C (2** Star), consisting of 195 fully furnished apartments, 276 rooms, and 485 licensed beds plus 125 extra beds available...
Visit Ktimatoemporiki crete
The apartments are arranged over four (4) buildings, and together with the communal areas the covered surface is 9.294,44m² plus 1.458,62m² basement area, and 1.446,47m² commercial area.

The Hotel construction started in 1988, and it was fully renovated during the years 1997-98 and 2004-2005, to fulfil the needs of its satisfied guests, resulting in a returning rate of annual more than 53%.

During the 5 last years the annual revenue ranged between 2.550.000 Euros and 2.650.000 Euros, mainly through cooperation with a Scandinavian tour operator. The current management is considering changing their offer into half-board and all-inclusive due to requests of other European and Russian tour operators, which would increase the revenue to approx. 4.000.000 Euros per season.

Available are studios for 1-3 persons with balcony or terrace, one-bedroom apartments for 2-3 persons, two-bedroom apartments for 2-4 persons, three-bedroom apartments for 4-6 persons, and four-bedroom apartments for 6-7 persons.

The apartments are all coming with separate bedrooms, living room, bathroom, kitchenette, telephone, satellite TV and DVD players, air-condition, safety deposit boxes, and balcony or terrace. And for the small guests 100 baby cots are available.

Facilities available
  • Swimming pool of 850m², with separated children pool of 50m²
  • Restaurant & Break fast room
  • Pool bar, bar & snack bar
  • Mini market
  • Full operating kitchen
  • Children's club
  • Internet corner
  • 2 shops
  • Several offices

This hotel property for sale is just 150m of the blue sea, on total land of 11.144m², and with several attractive leisure opportunities in the surrounding area, inviting guests to enjoy their time at the pool, beach or whilst shopping, having a meal or drink in one of the taverns or bars, for an unforgettable stay in this well-known place.
 
Please note: Financial information and all other legal documentation only available during onsite visit
 
 



Price (Euros) 18000000
Build area (m²) 9294+
Land area (m²) 11144
Storage yes
Inside Village yes
Garden yes
Trees yes
Swimming pool yes
Parking yes
Air Condition yes
Electricity yes
Water yes
Phone yes
Distance to airport, km 26
Distance to beach, km 0,15
Town Distance, km 10
EOT licence In place