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Short And Long Term Rental Business In Greece For Sale

Chalkida, Euboea, Greece
Asking Price:
€500K - €1M Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Under €100K
Cash Flow:
€50K - €100K

Well developed short-long term rental business with apartments for sale in sunny Greece vacation city Chalkida.
Business includes 12 various (11 of them are fully renovated and equipped) apartments, 7 of them are situated in one building that is fully owned. Total ~804 sq. m.

During the COVID-19 crisis on May-August rental business had 190 bookings. September of 2020 is 77% occupation with 39 bookings, October is 89,2 %)

Business (on-boarding, cleaning, advertising) is running from 2018 and generates stable EBITDA even during COVID times.

Acquisition price is calculated using the following formula: property price + 60 x adjusted monthly EBITDA.

If interested, please contact the seller through the form on this page indicating business entity your represent and your intentions.

Property Information

Real Estate:

Real Property Included

Location:

Chalkida, Center

Premises Details:

Fully renovated and equipped

Business Operation

Expansion Potential:

A lot of possibilities to buy, renovate and rent cheap property in Greece.

Trading hours:

24/7

Employees:
2,5
Years established:
2018

Other Information

Support & training:

All explanation and consultation for buyer

Contact Seller

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