Three-Star Village Resort Hersonissos, Crete, 94 Keys – 300 Beds

Location: Hersonissos Port, 26km east from Heraklion, Crete, Greece

Name: Porto Village

Guide Price: €4.8m

No. of Keys: 94 with a mix of studios, maisonettes, and 3, 4 and 5 bed apartments – 304 beds in total

The Opportunity: This attractive three-star resort, has an established client base…the apartments all have either sea, pool or garden views. The larger apartments have kitchenettes.

Porto Village is a family run business which has been offering it’s services to domestic and overseas guests for some years. It is recently partially renovated, and ready to open its doors to its guests. The client list has grown into a long list of friends whom they look forward to welcoming back to the complex year after year. They strive to provide, to new and old friends the famous Greek Hospitality along with a friendly warm and relaxed atmosphere on the premises.

The Village has a Tavern, pool, snack, evening entertainment, PT

Main Picture: A duplex two-bedroom apartment at this property

Current Owners: Private family concern

Flag and Management: Free to new owner

Financials: 2019 numbers and details of recent refurbishment available post LOI/EOI.

Tenure: Freehold

Agent: Local agent in partnership with THPT

Guide Price: €4.8m

Guide Price per Key: €51,064 – €15,789 per bed

Date Posted: December 2020

THPT Comment: Fab opportunity to secure this resort village with a great trading background, ripe for upgrading to four-star, at a remarkable price.

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”

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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.