Four Star Hotel For Sale

This Luxury 4**** Family-Hotel is allotted on five buildings, with a total surface of 7.500m², capable to accommodate up to 350 persons.

The gorgeous hotel for sale is designed to provide a comfortable and relaxed stay, and consists of 25 apartments (35-40m²) and 114 single rooms (16-30m²).

Each of the rooms is equipped with Satellite TV, radio, telephone, safety box, autonomous air conditioning, private bathroom with bath or shower, veranda or balcony enjoying a wonderful view.

All the residences offer its guests complete facilities, as well as a wide range of choices and self-sufficiency throughout their stay.

The facilities of the hotel are:

* 24-hour reception (300m²)
* Living room with satellite TV
* Central bar, pool bar, snack bar
* Restaurant (350m², with a capacity of 300)
* Adult's swimming pool (350m²) with free umbrellas and sun beds
* Children's swimming pool (120m²)
* Play room with table tennis and billiards
* Two playgrounds
* Laundry room (next day delivery)
* Internet corner
* Gym
* Bicycle free of charge
* Private parking
* Accountant's office
* Verandas and gardens overlooking the sea

Every year from the 1st May to the 30th of October, this high-standard hotel with its warm Cretan hospitality in an organized environment is eager to provide its guests the most extensive and modern facilities, just 600m away from the sea wave. Combined with the friendly service of its experienced stuff, the only thing one has to take care of is to bring good mood with.

The majority of the clients are holiday makers from Scandinavia, Belgium, England and Germany. It is a sound business, with yearly guaranteed contracts and allotment.

The revenues of the last years are:

* 2007: 1.400.000 Euros
* 2008: 1.270.000 Euros
* 2009: 850.000 Euros
* 2010: 1.100.000 Euros
* 2011: estimated from 1.500.000 to 1.700.000 Euros

The annual expenses of the hotel are 750.000 Euros and concern:

* Staff
* Electricity
* Water
* Maintenance

The current personnel employed are 35 people of which are:

* 15 maids
* 2 chefs
* 4 kitchen assistants
* 3 receptionists
* 3 barmen
* 6 waiters
* 2 caretakers


Location

The area is a well developing famous tourist resort with variations of entertainment, such as taverns, restaurants, cafeterias, night clubs and loads of facilities: super markets, stores, and frequent public bus service. During the high season the entire region bursts from tourists (domestic and foreigners), while the small villages that lie up on the hillside have a calmer, relaxed environment in lower rhythms.

The Village is situated on the western part of Crete just 10km from the City of Chania. The place is an attractive holiday resort area with quality hotels, excellent services in which thousands of tourists frequent yearly. It offers breathtaking sceneries of the sea and the mountains, and of course, soft sandy beaches for relaxation and enjoyment.

It is an ideal place for families; offering a comfortable and noiseless relaxation for adults and a safe playing area for children. Super-markets, restaurants, bars, nightclubs, banks, gift-shops, etc. are in five to ten minutes walking distance.


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) 12000000

Build area (m²) 7500

Land area (m²) 9600

Storage yes

By sea no

Sea View yes

Mountain View yes

Outskirt Village yes

Garden yes

Trees yes

Swimming pool yes

Parking yes

Air Condition yes

Electricity yes

Water yes

Phone yes

Distance to airport, km 35

Distance to beach, km 0,15

Town Distance, km 22

Other Distance

Furnished yes

Internet Connection Available