Hotel Business For Sale In Crete

The complex was built in 2000 and still has remaining building allowance of 500m², while one can purchase the plot next to it and extend the property.

The suites have 2 or 3 bedrooms, all coming with fully equipped kitchen, living room and bathroom, and are provided with telephone, TV and air-conditioning.

In addition to the large main swimming pool and adjoining children"s pool there is an indoor complex containing heated swimming pool, Jacuzzi, steam room, sauna, gymnasium and billiards¢ room.

For those who do not wish to venture far, there is available a selection of excellent quality traditional home cooked food/drink from the onsite poolside bar.

Facts and figures

* The occupation during high season (July-August) is 100%, during early season (May-June) 50%, and 20% in September.
* In 2009 the owner worked on his own during the main season (May – October)
* The suites earned approximately 40.000euro
* From the bar earned approximately 30.000euro
* Estimated value of 10.000m² in this area nowadays is 700.000euro
* Cost price of the building, common area, public access area and external is nowadays at 3.000.000euro

The expenses are:

* Electricity per season – 3.000 euros
* Water per season – 700euros
* Washing/laundry per season – 1.000euros
* Cleaning person – 600euros per month
* Bar staff(1 person) – 600euros per month
* General maintenance (1 person) – 500euros per month

This business property for sale is located near to archaeological sites, areas of religious and historic interest such as the monasteries of Jagarolon, Gouverneto and Katholic; and in the area are numerous taverns, bars, cafeterias and super market.

It is close to a small and quiet settlement north-west of the town of Chania on the peninsula of Akrotiri. Some very nice beaches are close by and the international airport of Chania and the town are in a small distance reachable.

Price (Euros) 2300000

Build area (m²) 1500

Land area (m²) 10000

Storage yes

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 7

Distance to beach, km 3

Town Distance, km 14

Property State Very good condition

Age