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
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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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.
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.