Hotel for Sale

The property is located in the municipal unit Armenoi of the municipality Apokoronas, about 20 minutes' drive east of the city Chania. It consists of 12 apartments of 25 m² to 35 m² each one and a maisonette of about 100 m². The maisonette consists of an open-plan living and kitchen area, on the ground floor and two bedrooms, on the upper floor. On each floor of the maisonette there is a bathroom while upstairs there is a large balcony of about 50 m². There is also a large storage room in the basement of the building. The rooftop terrace and the large storage room of the building have remained unused but can easily become a café or restaurant. However, even as it is, the business is profitable enough with stable clientele every year, which guarantees a relatively short payback period. Among other things, the purchase of the property is a unique medium-term investment, as there is a redevelopment plan in the region.