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Hotel for Sale

Mpizanio
€ 1,248,000
1,253 m²
3+ bathrooms

Note

Listing updated on 11/06/2024
Description

This description has been translated automatically by Google Translate and may not be accurate

reference: A2702


Hotel unit for sale located close to the University of Ioannina, consisting of 4 buildings with a total area of 1,253 square meters on a plot of 2,451 square meters, featuring a pool in the center of the 3 buildings.
The hotel has a capacity of 16 rooms and 46 beds, with the rooms situated in the 3 buildings. The 4th building, constructed in 2018 that contains the restaurant-bar along with the massage room.
The plot offers additional construction of 400 square meters, and there is a separate plot of 700 square meters available for sale right next to it, which can be acquired at a very good price for expanding the hotel unit.
It is a hotel offering apartments and suites with modern decoration, each approximately 40 square meters, ensuring all the comforts for guests' needs.

The accommodation operates 365 days a year and has a continuous growth in revenue in recent years, as it is able to predict and manage reservations at least 4 to 6 months in advance. Collaboration with technical companies and attracting customers visiting the University of Ioannina and the university hospital significantly contribute to the continuous development of the accommodation.
The hotel is only 9 km away from the center of Ioannina and 12 km from Ioannina Airport, providing easy access to the Egnatia and Ionian Highways.
This hotel complex represents an ideal investment opportunity for those wishing to invest in an already profitable and functional hotel unit. The possibility of expansion through the construction of additional buildings creates prospects for increased bed capacity and revenue growth. This unique opportunity combines stable performance with development prospects in the tourism sector.


Features
Contract
Sale
Type
Hotel
Surface
1,253 m²
Rooms
3+ bathrooms
Availability
Available from 08/04/2024
Other features
  • Furnished
Price information
Price
€ 1,248,000
Price per m²
996 €/m²
Energy efficiency

Energy consumption

A

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