Hotel for Sale

A 15 Seaview Apartment Investment property, just next to Agioi Apostoloi fishing port. This investment property sits in a very quiet neighborhood of Agioi Apostoloi area just walking distance from all the shops, it is ideal for the savvy investor who would like to add a 15 apartment complex to his portfolio. There is great opportunity in the area to receive high returns on investment as the whole area is booming with visitors from Greece and abroad. Located just 70 metres away from the beach and walking distance from the busy fishing port of Agioi Apostoloi where all the taverns and local shops are, you can enjoy the Greek relaxed lifestyle. There are more than half a dozen superb and crystal clear beaches around, such as Klimaki, Stomio, Cheromylos and Mageiras just to name a few. It is approximately 2 hours from Athens airport by car or a 40 minutes’ drive to Nea Syra port where you can catch the ferry to Agia marina and continue for another 50 minutes’ drive to the airport. This building is a large structure built initially as a hotel complex but eventually the building permit clearly stated that this building is for housing purpose. Built in 1987, it sits on a 1389,39m2 plot which has so much potential. Although more than half of the plot is occupied by the building the legal “extra building allowance” is 1000 m2 but only as a hotel extension, making it a top class opportunity. The property includes : 5 Studios of aprox. 30m2 each 4 Τwin rooms of aprox. 55m2 each 4 Τriple rooms of aprox. 66m2 each 2 Τriple rooms of aprox. 75m2 each The property is sold : unfinished at the stage of bricks only wall compartment in the semibasement including an already built cement fenced yard with a large parking area of aprox. 400m2 for at least 10 cars. The building legalization process is underway, and when completed, a total of 983,47 m2 will be available for completion. Viewing available within 48 hour’s notice.