Three-Star 175 Key Resort Hotel, Greek Islands, Scope to Upgrade to Four-Star

By Dev Anand | 6 November 2020

Location: 110 Km from Athens Airport, Accessible by Car over the newly built bridge or by ferryboat from Oropos Port in 20 minutes

Name: TBA

Guide Price: €8m 

No. of Keys: 99 On-Site plus 75 Bungalow Rooms in the Grounds


The Opportunity: The hotel, located on the beach, is just 2km from the local town. The complex is surrounded by well manicured gardens and consists of a main building with 96 rooms, 3 suites, as well as 75 more bungalow rooms located in six smaller two story buildings. Eleven out of these bungalows are duplexes with two separate bedrooms and two bathrooms connected with an internal staircase especially built to accommodate families.

Other types of family rooms are available; triples, quadruples and rooms for up to six persons. The Island of Evia is scenic year-round, and unlike the other islands, like the Cyclades that only enjoy a seven/eight-month season, the hotel could be open year-round (currently is open 214 days a year).

The hotel has a conference room, two pools, small retail units, mini-club, spa and can hold events on the beach. Besides the main restaurant, there is a beach bar, tavern, pool bar and main bar. SV

Main Photo: The pool area at this hotel

Current Owner: Private family

Flag and Management: Both free. Management could stay on. The hotel is accredited to Green Key, an eco-standard for sustainability.

Tenure: Freehold

Agent: Local agent in partnership with The Hotel Property Team

Guide Price: €8m

Guide Price per Key: €45,714

Date Posted: November 2020

THPT Comment: A great buy for a resort and business hotel, close to Athens, but  offers island-resort…at a remarkable cost, with upside growth thru refurb.

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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