Hotel 430 m² in Kassandreia

590,000 €

1,372 € /m²

Room stock 10
Yield —
Constructed 1987
Price per key 59,000 €

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Key project parameters

Total area: 430 m²
Room stock: 10
Number of parking lots: 2
Floors: 3
Price per key: 59,000 €
Constructed: 1987

Project description

The three-level mini-hotel consists of 10 studios, furnished and equipped with household appliances, ranging from 31 m² to 33 m². Each studio consists of a bedroom, a kitchen, a bathroom and a veranda. The ground floor houses the reception, a kitchen, 2 toilets and a spacious 140 m² covered veranda. There is also a solar water heating system, 9 air conditioners, 2 parking spaces.

Extra information

Distance to sea: 140

Car parks

Balcony or terrace

Tenants

Agreement: n/a

Location and nearby infrastructure

Distance to the sea — 140 m, to the airport — 58 km.

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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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