Four Star Resort Hotel 200 Keys in Kos, Greece

Location: Tigaki, North Coast of Kos Island, Greece – 15km from Kos International Airport

Name: TBA – 4 Star

No. of Keys: 200+

The Property: Tigaki is a popular resort area of 10 km of white sandy beach. The shallow waters make the resort ideal for children and an easy place to swim and have fun with the waves. The hotel is located within a 15 minute walk from the town of Tigaki and in close proximity to restaurants and bars in the area.

The accommodation is split between standard double rooms (125), superior double, junior suites, small family rooms (42) and large family rooms (29), air-conditioned, with either balconies or terraces and either garden or pool views.

3 pools for adults (one adults only), 2 pools for children, tennis, basketball, mini soccer, table tennis, small market shop, decent-sized wellness centre and hairdressing salon.

Large main restaurant, indoor with terrace, beach taverna and pool snack-bar; four bars including night-club.

The plot is 49,000 sqm and the buildings are 12,000 sqm. DK

Main Photo: The hotel at dusk

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: €28m

Guide Price per Key: €134k

Date Posted: January 2020

THPT Comment: This is a great opportunity to acquire a full-on resort hotel in an attractive part of Kos.

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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.