4 Star Hotel For Sale

The area with its long sandy beach is the summer resort just outside the village. There is a variety in accommodation from large hotels to pensions and self-catering apartments and lots of restaurants, bars, nightclubs and all sorts of shops.
At a short distance you will find beautiful and picturesque villages and interesting sights and old orthodox monasteries.Furthermore here one can see the most important archaeological sights of the area.
The village occupies a typical coastal spot that reaches inland to the hills and the small villages nearby. Its beaches and easy airport access have seen its development in recent years and the area is now a well serviced, fully fledged resort town.

The four star hotel with 116 beds, operating from May to October with allotment, provides a mixed clientele of English, French and Danish guests.

It also consists of a new roof garden restaurant with capability of 130 persons.

This exquisite hotel is 1.500m², with a pool bar, a restaurant covered with pergola for approximately 150 persons,150 sea loungers, a big swimming pool of 80m² and a smaller one for children . The hotel is constituted by 29, fully furnished, 4 - beded rooms of 50m2, all fitted private air conditioning, shower, kitchenette, telephone, colour TV and balconies with sea view.

This hotel is currently rented and the personnel is a Managing Director and 12 persons as stuff.

All included and after expenses, the hotel generates a net annual income of 300.000 Euros per season.

Once the hotel is sold, the leasing contract expires.


Location:

At a short distance you will find beautiful and picturesque villages and interesting sights, such as the monastery of Saint John "Theologos". The Skotino Cave lies about 6 km inland and is one of the largest and most spectacular in Crete. The most important archaeological sights of the area are the Minoan villa in Kokkini Hani and the one in Amnisos.

With its long sandy beach is the summer resort just outside the village. There is a variety in accommodation from large hotels to pensions and self-catering apartments and lots of restaurants, bars, nightclubs and all sorts of shops.


Why Greece?

* It has strict build density regulations, which will avoid major developments in future and thus overbuilding
* Only 3½ hours from London and many European cities making it a viable weekend break holiday destination
* Voted by the Lonely Planet Guide 2010 as one of the top 10 countries in the world to visit

Price (Euros) 2000000

Previous Price (Euros) 2400000

Build area (m²) 1500

Land area (m²) 2800

By sea yes

Sea View yes

Number of bedrooms 29

Swimming pool yes

Air Condition yes

Electricity yes

Water yes

Phone yes

Distance to airport, km 10

Town Distance, km 14

EOT licence available