Hotel for Sale

A 24-room hotel in Kolymbari, built in 1980. In a privileged location, right in front of the sea (just 50 meters away actually). All rooms are fully equipped and there's also a small breakfast room. It's clearly in need of renovation even though if interested buyers are not willing to invest the required amount of money to renovate, they could run it as is for a couple more seasons and renovate gradually. The main target group at the moment is backpackers and local hotel work force staying for longer periods of time. There is possibility of expansion with another plot of 2 acres that builds 1100 sq.m. Price: 350,000 €