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Villa And/ Or Small Hotel Near Kefalos Kos For Sale

Kos Kefalos, Dodecanese
Asking Price:
€575,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Under €100K
Cash Flow:
Under €50K

The House stands on a hillside in 12,300 sq.m of land, 2.5 km from Kefalos and is about a 15 minute walk to the beach. The property was architect designed and built in 2000 to represent a cluster of Greek buildings, including a Mill Tower, two churches, a Bell Tower and some traditional Greek houses, making it a truly unique building.

Although the property is ideally suited as a private villa with staff quarters, the current owner has obtained an EOT Greek Tourist Licence for self catering or B&B (small hotel) using 8 twin bedrooms.

Location, location, location! The House is considered to be the most striking house in the area and dominates the hill outside Kefalos and enjoys fantastic views. Below the property lies Kamari Bay, one of the best wind surfing bays in the world with all the facilities for water sports.

The approximate total size of the internal living areas amounts to 580 sq.m. and 135 sq.m storage and garaging.

Property information

Real Estate:

Real Property Included

Living Accommodation:

Two bedroom apartment on the lower floor, both bedrooms en-suite. Open plan kitchen, dining and living room with large patio and sea view.

Location:

On Greek Island on hill side in private secluded grounds, 800 metres to the sea and 3 kilometres to local village.

Premises Details:

The guest accommodation comprises the following:
•8 large bedrooms (19 sq.m.). Each bedroom has an en-suite shower room. The 5 bedrooms on the main level have balconies and the three bedrooms on the lower level have patios. All bedrooms enjoy an uninterrupted sea view.
•Lounge (60 sq.m) with barrel church roof at one end and circular area at the other end in the Mill Tower.
•Dining room (50 sq.m) with waterproof pergola roof and removable glass wall for summer and winter use leading to large patio area (45 sq.m) with panoramic views of Kefalos and over the sea to Nissyros.
•Fully fitted kitchen (25 sq.m) with dishwasher, gas oven, microwave and fridge/freezer.
•Library area (18 sq.m) with removable glass wall.
•Flat tiled sun roof of 95 sq.m and an upper room of 28 sq.m in the Mill Tower.

On the lower level there are staff quarters consisting:
•2 Bedrooms (19 sq.m) both with en-suites.
•Lounge/diner and kitchen area (30 sq.m).
•Staff cloakroom (7 sq.m).
•Utility room (12 sq.m).
•Storage cupboards (7 sq.m)
•Two patios.
•There is an additional large storage area of 98 sq.m which could possibly be developed into further accommodation, but would need planning permission.

Outside:
•Garage and garden store.
•Most of the grounds are natural vegetation but there are gardens and fields adjacent to the house and drive.
•A footpath leads to the lower boundary to walk to the beach which takes about 15 minutes.
•There is an area ideal for a swimming pool to be constructed and another area which could be used as a tennis court.

Additional information:
•Oil fired central heating.
•Air conditioning in main level 5 bedrooms.
•Electric and solar water heating.
•Wood burners in the main lounge and lower living area.
•Walls and roof are insulated.
•Only property in Kefalos to have low rate night-time electricity.
•Windows and external doors are double glazed.
•Fly screens on doors and windows, where appropriate.
•Existing furniture and equipment included in the purchased price.

Size in square feet:
accommodation area of 580 sq.m. and 135 sq.m storage and garaging.
Planning Consent:

Full planning permission, licences and deeds held by owner for existing property.

Business Operation

Expansion Potential:

There is room for a pool, there is space in the building for more bedrooms, plus at least three areas within the grounds where log cabin type accommodation could be constructed.
The building is flexible for various business opportunities, for example self catering villa for groups, bed and breakfast guest house, boutique hotel, restaurant/coffee shop with fabulous views., .

Competition / Market:

There is no competition at present as the villa is the only self-catering accommodation for groups over 8 in the area.

Reasons for selling:

Retirement

Trading hours:

24/7 operation

Employees:
1
Years established:
16

Other Information

Support & training:

Current marketing list, web sites and knowledge of trading within the local community will be provided.

Furniture / Fixtures value:
€5,000 - included in the asking price
Inventory / Stock value:
€1,000 - included in the asking price
Website:
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Related Documents:
Home based:
This business can be run from home.

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