130-Room, Four-Star Beach Hotel For Sale, Halkidiki, Crete Greece

By Dev Anand | 13 February 2021

Location: Hanioti, Halkidiki, Crete, Greece – 115 km from Thessaloniki; 100 km from Macedonia Intl Airport

Name: TBA

Guide Price: €11.7m

No. of Keys: 130

The Opportunity: This four-star beach hotel complex is reflected in the azure waters of the Aegean, as it is built in front of one of the loveliest beaches of Hanioti. Seize the opportunity to swim in the warm and crystal waters of the coast and relax on the sandy beach of the hotel.

The Beach bar offers guests cool drinks and ice creams. Main restaurant, Disco, Pool bar and Beach bar. They can indulge in a wide variety of water sports like scooter, catamaran, banana, water skiing, canoeing, sailing, etc.

The land area is 4,500 sqm and building area of 6,000 sqm. The hotel was built in 1968 and 1994, with a major refurb in 2007. Scope to add another 25 rooms. SV

Main Photo: The hotel view from the beach

Current Owner: Small local hotel company with three other properties in the same area… The three star sister hotel with 85 rooms is also available at €7.5m

Flag and Management: Free

Financials: 2019 numbers available post LOI/EOI

Tenure: Freehold

Agent: Local agent in partnership with THPT

Guide Price: €11.7m

Guide Price per Key: €90,000

Date Posted: November 2020

THPT Comment: Fab opportunity to secure this branded resort hotel, with the upside of refurb and adding 25 rooms, with a second hotel as an option.

Contact us for further information

This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”

Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all

The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.

For more information – Visit www.thpt.co.uk or email info@rrh.hmf.mybluehost.me.

MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.

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