For sale 5 * hotel on the first line from the sea. Kassandra.

The hotel is located in a beautiful and elite area of ​​the Kassandra peninsula, Halkidiki. This is the best offer for sale price - quality - location, the hotel is in good working order, namely, without the cost of reconstruction, the hotel brings a good profit. The hotel is located on the first line from the sea with a plot area of ​​4 hectares. The location is fabulous, a combination of light sandy beach and pine forest. The hotel has 135 rooms and the purest white beach. There are two beautiful marinas within 30 minutes by car. For information, a few years ago, a well-known expert company assessed the hotel, this assessment was made at the old price, today in Greece, as in all countries, the price of real estate has grown a lot, another jump in prices is expected by the beginning of summer, it would be good come to you as early as possible to view this option.

EVALUATION OF THE HOTEL COST at the old price.

Plot area 40.000m2 – 4.0ha

Building area 8.000m2

Room area (135 rooms) 3.400m2

Public spaces area 4.600 m2

The cost of the plot is 37.000m2 x 185€ = 6.845.000€

The cost of rooms with equipment 3.400 m2 x 1.750€ = 5.950.000€

Cost of public spaces 4.600 m2 x 1.350€ = 6.210.000€

The cost of equipping societies. places 1.505.000€.

TOTAL COST: 20.510.000€.

At the moment, gratuitous state subsidies up to 50% are issued in Greece for the construction and renovation of hotels. This is a great option to refresh the hotel, replace the furniture and add a couple more pools, all these actions will help occupancy and increase the price of renting rooms. Our company is ready to help you in obtaining State subsidies, as well as to renovate the hotel to your liking.