Property ID : ELOUNDA182
For Sale 16,500,000€ - Hotels For Sale Greece
Hotel at Elounda Crete with 180 Rooms
Hotel for sale in Greece, we are pleased to offer for sale this 4**** hotel with fantastic panoramic sea views located in one of the most popular tourist spots. With its picturesque views of the clean, blue sea, the village offers a breathtaking sight of the Mediterranean landscape. A fantastic opportunity to own your own hotel in Greece and an ideal investment for anyone looking to buy a hotel that is all ready to turn a profit!
Th hotel complex built in traditional Cretan style consisting of 155 Double rooms, 20 Family rooms and 7 Suites located either in the main hotel building or in the neighboring bungalows set in colorful gardens full of trees. All the rooms are recently refurbished in modern joyful style, all with private facilities.
Boasting 180 rooms in total and arguably in the best location and just frontline to the sea, this hotel is simply amazing! Just looking at this property – it is hard to disagree with that.
This superb sea-facing hotel producing a surprising revenue, is very attractive to investors and one that will definitely impress you.
The subject property of 8.132 m² lies on a plot of 41.763 m² and has another 3.250 m² for utility rooms.
The main building consists of 76 rooms of which two are suites, a restaurant, two bars, a multi-purpose room, game room, office and an accountant’s office.
The luxuriously furnished twin bedded rooms are featuring a/c units, safe box, direct dial telephone, satellite TV, mini fridge, hairdryer, bath/shower and balconies with sea or land view.
The bungalows are surrounding the swimming pool and pool bar with 99 rooms in total of which 5 are suites.
The bungalows are spacious and well furnished with safe box, mini fridge, A/C, direct dial telephone, satellite TV, bath/shower and large balconies with sea or garden view.
The hotel can sleep up to 450 people during high season.
The hotel consists of an indoor restaurant with an adjoining deck veranda, a second restaurant, a pool bar where you can enjoy all kinds of ice creams and drinks in a relaxed atmosphere as well as a coctail bar.
On the north side of the plot are situated two swimming pools of 420 square meters.
For ultimate security the hotel is wall fenced with a one metre wall.
•spacious sun terraces
•open air theater
•playground for children
•multipurpose room suitable for conferences for up to 200 delegates
Please note that the hotel can be upgraded to a five star hotel, while a building permit has been issued for another 53 rooms or 153 beds in total. Once this has been realised the hotel will be able to achieve a 6% money return.