160 Bed Hotel for sale

Agios Nikolaos, Lasithi, Crete, Greece

£711,554

 [€800,000]

Property Details

  • Bedrooms: 160
  • Bathrooms: 84

Features

  • Hotel size: 2200 m2
  • Sea view
  • Swimming pool
  • Balcony
  • Parking space
  • Storage room(s)
  • Solar panel system
  • Plot size: 1770 m2

Full Description

The price has recently been reduced to ?800,000 for a quick sale.

This hotel of 100 beds (plus the option for another 60) is located between two of the best beaches in northern Crete, Voulisma (or Golden Beach) and Ayios Panteleimon (approx 200 meters from either beach).

The hotel is also offered for rent.
In an area that enjoys 330+ days of sunshine and adjacent to the tourist (old national) road connecting Ierapetra and Siteia to Heraklion airport, the hotel has lots of parking space in front of it and can attract a good number of passer by customers.
There is a pool of 80 square meters with all its machinery, an outside pergola/dining/coffee area, a large reception/play room/ breakfast area and there is also the possibility to easily add another 30 double rooms to the existing hotel capacity, as the concrete frames already exist for this work.
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This is a sound investment as Greek tourism is entering a new era of development and new upcoming markets are showing great interest in visiting our beautiful country and especially the country?s largest island which offers diverse sceneries such as the islands high mountain ranges, popular organized beaches and small ?secret? beaches away from the crowds, large towns and cities, traditional villages, ancient sites and ruins, top quality 5* hotels, gourmet restaurants, local tavernas, a vivid nightlife, peace and tranquility which very few places in the world have to offer.
As for the location, it is only a 10 minute drive from the province capital, the coastal town of Agios Nikolaos Crete, in the seaside village of Istron an area protected by the Greek archaeological authorities due to its many findings of Roman, Greek and Minoan ruins in the immediate area.
This means that although the area is ideal for tourist development there is no possibility of new hotel licenses to be obtained in the area making this investment even more exclusive.
Less than an hours drive from the international airport of Heraklion "Nikos Kazantzakis"

Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 45 mins away from the international airport of Heraklion.

Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round.

Although Agios Nikolaos has a population of less than 20,000 it has a several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbour, cinema, theatre, gyms, a 9-hole golf course, schools ranging from nurseries to 6-level high school and generally all the amenities you would expect to find in a modern European town.

The microclimate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here.
This property listing (ref: 5B-HTKH4d) is an advertisement supplied by Buy and Sell Estate Agency and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.

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