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Hotel In Rhodes Greece For Sale

Rhodes, Dodecanese
Asking Price:
€3,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€3,500,000
Cash Flow:
€2,000,000

The hotel sits in a plot of 2820 square meters. Category 2 stars, even if facilities are at higher standards this has been downgraded for lower tax reasons. It has 3 stories a ground floor and a basement . It also has a permit for the construction of a 4th floor. It has 85 double bedrooms and can easily be converted into 3 bedroom.

All rooms have TV air condition Wifi refrigerator and a big balcony with a set of table with 2 chairs. The WiFi in the rooms is chargeable by day , week or month, At the lobby is free. It has living rooms restaurant bars and a night club in the basement. A swimming pool and a second bar in the same area. The nearest beach is Zefyros beach about 500 m away. It is very near to the new Marina and in the near future this area will be upgraded and more costly. The old town is also about 500m away and it has bus and taxi stops on both sides. It was built in 1991 and the price is 3.500.000 euros. Also you can look it up in google street view.

Further information available upon request, please contact seller below for more details.

Property information

Real Estate:

Real Property Included

Living Accommodation:

all included

Location:

rhodes greece

Size in square feet:
2,500
Planning Consent:

extra floor permission available

Business Operation

Expansion Potential:

has permit for building extra floor

Reasons for selling:

owner too old , no offspring

Trading hours:

no limits

Employees:
one
Years established:
24

Other Information

Furniture / Fixtures value:
€1,000,000 - included in the asking price
Inventory / Stock value:
€500,000 - included in the asking price
Home based:
This business can be run from home.

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