Greece Top sale 55 self-catered studios and apartm Print this pagePrint this page
Greece Top sale 55 self-catered studios and apartm
Type: buy
€3.675.000,00
Seller
Quantity: 1
Availability: yes
Location: Samos/North Aegean
Description
<p><strong>Greece Top sale </strong><strong>55 self-catered studios and apartments and another 60-80 can be added on the currently unused land of the property,</strong> <strong>a pool with a pool bar and a BBQ area. 3 different catering businesses complement ,</strong> <strong>estimated &euro; 700 thousand in </strong><strong>Samos.</strong></p>
<p>Own a property of 5.500 square meters. The Hotel-Restaurant complex has been gradually built up since 1990. It has 55 self-catered studios and apartments and another 60-80 can be added on the currently unused land of the property.</p>
<p>The Hotel also offers a pool with a pool bar and a BBQ area. 3 different catering businesses complement the Hotel, but also attract customers as independent businesses: a) a&nbsp;Taverna, indoors for the winter months and literally at the crest of the wave during the summer months, b) a fine dining-restaurant and c) a casual dining/cafe restaurant.</p>
<p>The business is open all year-round and the winter months provide 30% of total revenue. Revenue has grown from &euro; 430 thousand on the 2014 season (May 2014 &ndash; April 2015) to an estimated &euro; 700 thousand for the 2016 season (May 2016 &ndash; April 2017), an impressive 63% increase over two years.</p>
<p>The growth is even more impressive if we take in to account the crisis in Greece, the refugee situation and the military coup in Turkey during the peak of the 2016 summer season.</p>
<p>The rising trend in Revenue is expected to continue this season as well. Early bookings are up 20% and traffic from Turkey is expected to recover significantly. Samos will be served by various new air and sea routes this summer and traffic is expected to continue to grow as the island becomes more and more popular as a tourist destination.</p>
<p>With the potential addition of another 60-80 apartments-studios, the Hotel can acquire the critical size for it to become an all-inclusive resort. The demand is already there and rapidly increasing. However, current owners are approaching retirement and will not be able to realize this new expansion of their business.</p>
<p><strong>Direct buyers or representatives only. </strong><strong></strong></p>

Ad Specification
contact
Sellers website: www.sellandbuyworld.com
General
use Hotel/Resort
For Sale Broker
Area m2 5.500 square meters.
Bedrooms see ad
Bathrooms see ad
Stories yes
Parking Spaces yes
Seating restaurant yes
Terrace Seating yes
Bar Seatings yes
Features-Amenities
Furnished yes
Swimming Pool yes
Balcony yes
Cable/Satellite TV yes
Ocean View Yes
Ocean Waterfront yes
Whirlpool Yes
24 Hours Security Yes
Gym/Spa Yes
Mountain View yes
High-Speed Internet yes

Images

Greece Top sale 55 self-catered studios and apartments and another 60-80 can be added on the currently unused land of the property, a pool with a pool bar and a BBQ area. 3 different catering businesses complement , estimated € 700 thousand in Samos.
Greece Top sale 55 self-catered studios and apartments and another 60-80 can be added on the currently unused land of the property, a pool with a pool bar and a BBQ area. 3 different catering businesses complement , estimated € 700 thousand in Samos.
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