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5-star luxury hotel on famous Greek island

Country: Greece Greece
City: Santorini
Location: Beach
Category: 5 stars
Hotel type: Family Hotel
Transaction Type: 100% Asset Sale
Target Areas: Worldwide

Hospitality Review / Short Description:

A five-star hotel in Santorini for sale at the beachfront with private beach, consisting of 62 suites with private pools or jacuzzies , restaurant, spa, gym, hair salon.
In addition to that the selling price is included a lease for 20 years for a hotel with 124 rooms which needs to be renovated. For the time being used as staff rooms.
Both hotels are beachfront. For this hotel exists a permit for the renovation with full plans and blue prints.
Apart from the second hotel there are three plots included in the price, one is a parking lot, the second has an unfinished construction and the third plot is empty.
Important to mention that there are only two other beachfront hotels on the entire island of Santorini.
Important to mention that there are only two other beachfront hotels on the entire island of Santorini.

Hotel Details

Hotel Plot size in m²: 8.145
Hotel Plot size in sq. ft: 87.672
Hotel Floor space in m²: 5.704
Hotel Floor space in sq. ft: 61.397
Bedrooms: 34
Suites: 28
Description other rooms:

37 rooms have private pools and 9 have jacuzzi

Total rooms: 62
No of Total Rooms available/year: 22.630

Amenities / Facilities

Wellness Centre: 1
Gym: 1
Outdoor Pool: 2

Financials

Asking Price: EUR 48.000.000
Price Per Room: EUR 774.194
5-star luxury hotel on famous Greek island
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