The hotel in 70 meters from the sea.
Description
The hotel includes:
- 22 rooms
- reception desk
- restaurant
The hotel was renovated in 2018.
Financial performance
The average annual income is 116,000 €.
The average yield is 8%.
Tenants
The current operator is ready to extend the existing contract for at least 5–7 years. It is also possible to acquire the hotel under own management.
Location
The property is located in the capital of the island of Paros, Pariquier, 250 meters from the port.
Paros, the third largest island of Cyclades, in recent years has become a modern tourist center. The southern half of the island, until recently uninhabited, is now being intensively built up by tourist villages.
