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Hotel Ref: 1302/05 - Region: East Peloponnese
Sale type: Sale of operating hotel
Alteration of use: The alteration of the hotel's use is not permitted
Suggested Usage: Hotel use . .
Built in / year: 2001
Last Renovation / year: 2011
Accommodation
Type of Accommodation: Attached to the sea / With private beach
Hotel Facilities: 2 swimming pools, 1 conference room for 300 people, 1 restaurant for 1000 people, Beach bar, pool bar, baby bar, 2 Tennis Courts, 1 football field, 1 Volleyball court, basketball court, Beach volleyball, 2 Open air theaters, bar, cafeteria, taverna, skate court, Playground, Disco etc. Many other facilities and amenities are offered by the hotel.
No. of elevators: 2 elevators
Hotel view: Sea View
Between the hotel and the beach: There are not any properties
Beach landscape: Sandy & Pebbly
Number of Beds: 500
Total builded area in m2 : 9 000 m2 (10 buildings)
Land size in m2 : 76 000
Land characterization : Outside urban planning
Remarks : The hotel complex has 250 meters front on the beach.
Development potential
Further permitted building area (m2): An additional 900 m2 (30 rooms) can be built for the expansion of the existing hotel.
Distance from
Harbour: 13 km
City / Village: 19 km
Medical Center: 19 km
Marketing Data
The hotel operates: 12 months
Wider area development: The location of the hotel is one of the most popular and tourist destinations in the Peloponnese. Many historical sites can be visited in the area.
Tax data
Type of Transaction: Company sale or Property sale
Financial Data
Selling price € : 19 000 000 (The actual selling price of the hotel is 31,000,000 Euros minimum and 49,300,000 Euros maximum. The selling price of the hotel according to the evaluation and the objective values of the Ministry of Finance of Greece is 24,650,000 Euros. The current asking price by the owning company is 19,000,000 Euros and is also negotiable by financial settlement.)

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