Hotel for Sale

The KOTRONAS BAY BUNGALOWS hotel is for sale in Kotronas, Laconia, 16 km southeast of Areopoli and 3 hours away from Athens, right in front of a magnificent beach. The creator and manager of the complex is the famous chef Mary Panagakou. She has established personalized customer service at a very high level here for many years, garnering dozens of international awards from official tourism bodies, travel agencies, and reservation platforms, both for accommodation and the restaurant. The complex is spread over a sloping plot of 7.5 acres with panoramic views of the tranquil bay of Kotronas and the vast Laconian Gulf. It consists of 7 buildings, with a total area of 720 sq.m., all with well-maintained tiled roofs. The main building is two stories, while the other 5 separate buildings are one level each, and there is also a church. The complex also includes, near the sea, a large swimming pool, a snack bar, and outdoor pergolas. The main building houses the reception, restaurant, kitchen, 2 storerooms, and the owner's residence. The apartments are housed in 5 autonomous buildings, with 2 units each. There are 8 two-room suites with 4-5 beds and 2 two-bed studios. There are also 3 staff rooms with 1-3 beds each and individual bathrooms. The famous "EN PLO" restaurant has 70 seats with a fully renovated kitchen and toilets in 2023, offering exceptional dishes from traditional Greek and creative cuisine by M. Panagakou. The hotel's breakfast has been awarded by the Hellenic Chamber of Hotels among the top 100 in Greece in the "Greek breakfast" category. The hotel is perfectly harmonized with the enjoyment of the sea and sun. The seaside outdoor area next to the sea includes a 50 sq.m. pool with overflow and a separate children's section, sun loungers with umbrellas, and a snack bar for 100-120 people. The beach in front of the hotel has natural fine gravel and sand, while the seabed is sandy with a gentle slope. The carefully designed infrastructure of the hotel includes: modern biological cleaning with a license, 2 generators of 100 KvA & 50 KvA with a 1-ton oil tank, a 30-cubic meter water tank, a solar water heater, 3 storerooms with washing machines, dryers, irons, and a large laundry, air conditioning in each room, and a communal area. The church has a license from the Holy Metropolis of Mani to perform weddings and baptisms, which can be combined with stays at the hotel or events at the restaurant. A very interesting investment opportunity with immediate return, without the need for renovation, if the operation continues with the current hotel and restaurant specifications. For Sale, hotel, Full Bathrooms: 10, Half Bathrooms: 2, Living Area: 720 Sqm, Year Built: 1992, Air Conditioning, Alarm, Storage Space, Garage, Floor Number: Ground Floor, Corner, Facade, Renovated, Airy, Bright, Painted, Floor Type: Stone, Lot Size: 7588 Sqm, Levels: 2, Heating Controller: Autonomous, Zoning: Unincorporated, Equipped, Energy Class: E, Current: Three Phase, Renovation Year: 2022