Locations: Athens – Central and Islands – Kos, Crete, Mykonos and others
Guide Price: from €70,000 per key for Boutique hotels to €200,000 per key for four and five star Athens hotels
No. of Keys: from 50 to 500 per hotel
The Opportunity: We have established a great new relationship with a local Greek agent, who has given us some great hotel opportunities…for example in Athens a four-star hotel, close to the centre of Athens – great for all the renowned landmarks in Athens, just three metro stops from Syntagma Square, with a large number of rooms, major conference facilities, roof garden pool, parking and garden area, flag-free…..
Another smashing opportunity is a five-star hotel, within walking distance from all the well-known sightseeing monuments of Athens, also with a very large number of rooms with serious conference space, making a good yield in 2019, that would be a great asset to any international hotel group looking to make a sound investment in Greece.
The third opportunity we have is a portfolio of five four and five star resort hotels in one of the best-known Greek islands, with a substantial number of rooms, conference facilities, beach-side, with serious possibilities to expand the current base with a number of additional facilities, such as wellness, yacht marina, golf, etc. Definitely a worthwhile investment to consider for any hotel-group or investor that looks into breaking into the Greek hotel/resort market.
Main Photo: The Athens skyline
Current Owners: Private family concerns
Flag and Management: Free, except the main hotel in Athens…branded on marketing, management free
Financials: 2019 numbers available post LOI/EOI
Agent: Local agent in partnership with THPT
Guide Price: TBA
Guide Price per Key: as above
Date Posted: December 2020
THPT Comment: Fab opportunity to secure some great hotels in Athens and resort locations in Greece
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.
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.