40 room-hotel with a business plan for renovation and rental, Rome, Italy
- 7,440,000 €
- 7.0% yield
- Kallithea Hotel 1,850,000 €
- Basic parameters
- Photo
№ 2,367,218
Hotel, Kallithea, Greece
1,850,000 €
3,083 € /m²
- Room stock 25
- Yield 8.1%
- Constructed —
- Price per key 74,000 €
Key project parameters
- Total area
- 600 m²
- Land area
- 670 m²
- Room stock
- 25
- Price per key
- 74,000 €
Project description
The hotel consists of about 25 rooms.
Occupancy rate:
- June — 50%
- July-August — 100%
- September — 50%
Tenants
- Agreement
- n/a
Financial performance
- Yield
- 8.1%
Transaction costs
Brokerage fee.
Location and nearby infrastructure
The property is located in Kallithea.
Kallithea is one of the best and vibrant areas with a developed infrastructure (many restaurants, shops of popular world brands, supermarkets with international products, parks, schools, etc.). Every day this area is becoming more and more popular due to its convenient location, as well as easy access to the area using public transport (buses, trolleybuses, metro).
More properties
If this ad doesn't suit you, have a look at the other hotels for sale in Kallithea.
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- annual yield
- From 10%
- exit period
- 3 years
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At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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