Luxury Cottages Complex By The Sea – Eastern Pelion For Sale

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Except the 8 cottages that are available for rent, there is a studio with a queen bed, a small kitchenette and a bathroom.

Location:

The property is accessed by a paved road that connects Damouchari with Papa Nero and a a front on the road of about 40m. Also in north site the property has about 90m front to the beach front.

Premises Details:

The property has three building (one autonomous house, and two semidetached building with four apartments each, along with storage rooms).

Size in square feet:

4219 sqft and 861 sqft on storage rooms

Business Operation

Management type:

This business is owner operated.

Expansion Potential:

Significant potential exists to increase revenue through a combination of enhanced marketing efforts and an extended operating season.
1. Expansion of Sales Channels
Additional bookings could be generated through strategic collaborations with travel agencies, tour operators, destination management companies, and specialized luxury travel consultants. Broader exposure across international markets would be expected to increase occupancy rates and improve booking consistency.
2. Year-Round Operations
The cottages currently operate for only approximately four months per year (June-July-August-September). Extending operations throughout the year would allow the business to capitalize on demand during the shoulder seasons and attract visitors seeking quieter, off-peak experiences (all cottages are equipped with central heating and some cottages have fireplaces, so they are all-year-around operational).
Even moderate occupancy outside the traditional summer season could generate substantial additional revenue. Since the property is in mountain Pelion, there exists winter tourism.
3. Group Retreats, Events and Wedding Opportunities
In addition to traditional holiday rentals, the property offers attractive opportunities for hosting small-scale events and organized group experiences. The cottages and surrounding environment are well suited to accommodate groups of up to 25 guests for activities such as yoga retreats, wellness programs, hiking excursions, mountain cycling holidays, team-building events, and other themed gatherings.
Furthermore, the property's character, privacy, and natural setting create potential for hosting intimate weddings and related celebrations. Such events typically generate higher revenue per booking through accommodation packages, venue fees, and ancillary services.
The growing demand for experiential travel and wellness-focused tourism presents an opportunity to diversify revenue streams beyond conventional short-term holiday rentals. By developing partnerships with event planners, wellness practitioners, and specialist travel operators, future owners may further enhance occupancy levels and increase overall profitability throughout the year.
This addition is particularly valuable from an investor's perspective because it demonstrates multiple revenue streams rather than relying solely on seasonal accommodation income. It also helps justify higher occupancy assumptions in any future revenue projections.
4. Pricing Enhancement and Ancillary Revenue Opportunities
There is also potential to increase overall revenue through strategic pricing adjustments and the introduction of additional guest services. The current average daily rate reflects the existing operating model and service offering; however, higher rates may be achievable as the property's market positioning and guest experience are further developed.
Additional revenue can be generated through the provision of optional services and amenities, including breakfast packages, coffee and beverage service, light catering, picnic baskets, airport transfers, guided excursions, and other guest-focused experiences. These value-added services can enhance the overall guest experience while increasing revenue per booking.
As demand grows through expanded marketing efforts and partnerships with travel agents and tour operators, management may also be able to implement premium pricing during peak periods, special events, and group bookings. The combination of higher occupancy, increased average daily rates, and ancillary service revenue provides a clear pathway for future revenue growth beyond the property's current performance levels.

Competition / Market:

The high ratings in booking.com and tripadvisor make this property very attractive for any potential buyer, since it has an excellent reputation and ranks among the top destinations for customers.

Reasons for selling:

retirement soon

Trading hours:

June to September 24/7

Employees:

1-2

Years established:

18

Other Information

Support & training:

we can provide any support and training needed if necessary

Website:

Login or register to view link

Related Documents:

•   Property description