Hotel in Daratsos

1,500,000 €

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Key project parameters

Land area: 932 m²

Project description

This incredible hotel for sale in Agioi Apostoloi, Chania is an investor’s dream. This popular tourist area is just west of Old Town, Chania, consisting of 16 apartments spread throughout 2 buildings, each with their own kitchenette, bathroom and air conditioner. 10 studio apartments, 5 superior double rooms, 1 suite apartment, lounge area, parking, storage, laundry and a pool make up this profitable hotel which could operate not only in the summer season but all year round.

A feature that can’t be ignored is the close proximity to shops, cafes, pharmacies, taverns and supermarkets. Situated within a 5 minute walk and 450 meters from the beach, this property is a must see for any investor. Public transportation is available to and from the location for guest’s convenience, with connections to famous beaches and the city center of Chania.

Tenants

Agreement: n/a

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annual yield: From 15-17%
investment exit horizon: 2–3 years
full support at every stage: Turnkey deal

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We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment

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