Hotel 2,500 m² in Santorini

8,500,000 €

3,400 € /m²

Room stock 67
Yield —
Constructed 2001
Price per key 126,865 €

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Key project parameters

Leasable area: 2,500 m²
Total area: 2,500 m²
Land area: 6,500 m²
Room stock: 67
Hotel rating: 5
Floors: 2
Price per key: 126,865 €
Constructed: 2001

Project description

Five-star hotel with swimming pools and a restaurant.

Description

The hotel is set on a plot of 6,500 m² close to the beach.

The property consists of a two-story building with three wings and 67 deluxe rooms, a restaurant, banquet halls, storage rooms, a manager's house of 110 m², five stuff rooms, as well as 10 swimming pools and a Jacuzzi, a parking.

The hotel was renovated in 2007 and 2016.

The hotel is equipped with generators and a desalination unit.

The own management is required.

Extra information

Car parks

Swimming pool

Tenants

Agreement: n/a

Location and nearby infrastructure

The hotel is located close to the beach and the central road.

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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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