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Hotel for sale

Malia, Heraklion, Crete, Greece

£771,870 *  [€900,000]

Hotel for sale

Malia, Heraklion, Crete, Greece

£771,870 *  [€900,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 1000 m2
  • Habitable space: 750 m2

Features


  • Sea View
  • Mountain View

Full Description


Hotel for sale in an exceptionally developed tourist area with a total area of ??750 sq.m. on a plot of 1000 sq.m.
The hotel has a total of 19 rooms + a large apartment for the personel!
Ground floor: Reception with comfortable dance for the reception and waiting customer and 3 rooms.
First floor: consists of 5 rooms of the same type and 2 staff rooms
Second floor: consists of 5 rooms of the same type.
Third floor: consists of 6 rooms of the same type.
Fourth floor: consists of a apartment for personnel with a large veranda kitchen and 2 bedrooms.
There is a possibility of additional construction of approximately 600 sq.m.
The hotel also has a large swimming pool, a snack bar and a borehole.
Annual income around € 120,000 net. Yield 12.5%.
The hotel does not need any renovation in order to operate immediately.
The size of the room is about 20 sqm each.

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