5 Star Sea/Beach Front Resort 250 Keys many with Private/Shared Pools in Crete

Location: Aghia Pelagia, 22 km from Heraklion, Crete, Greece

Name: TBA – 5 Star

No. of Keys: 250 with scope to add 100 luxury apartments on adjacent 23,000 sqm plot

The Property: The hotel Resort & Spa is amongst the best that Crete has to offer. The resort is situated at the top of a hill in Mononaftis bay in the quiet area of Agia Pelagia. They justifiably claim “you can find us in a serene oasis with panoramic views”.

Their 248 rooms and suites with breathtaking views are ready to offer one both tranquility and comfort. All rooms are fully equipped with: free Wi-fi, mini fridge, 32” LED satellite TV with International channels, air-condition, safe deposit box, direct dial telephone, hair dryer, kettle, coffee-tea making facilities, balcony or terrace, sea view or side sea view.

Major Spa Centre with Massages, Sauna, Steam room, face treatments, manicure & pedicure, Adults Only Indoor Hydropool. The Adults only pool of the Spa, is heated from the beginning of the season till May 15th and again after October 15th till the end of the season.

A main theme buffet restaurant along with a top notch three a la carte restaurants, with Pool bars. Parking area, gym, Mini Market, hair salon and jewelery shop.

1,300 metre sea/beach frontage. Included in the price is 23,000 sqm plot with planning permission to build 100 c three-four bedroom apartments. DK

Main Photo: The spectacular resort for sale

Tenure: Freehold

Brand/Management: TBA

Financials: Financials available upon signing of a NDA

Current Owner: Family company

Agent: Local agent in partnership with The Hotel Property Company

Guide Price: €59m

Guide Price per Key: €238k (to include 23,000 sqm land)

Date Posted: January 2020

THPT Comment: This is a great opportunity to acquire a full-on resort hotel in an attractive part of Crete, with fab development opportunity.

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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

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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.