Hotel for Sale

For Sale: 16-Room Hotel in Pyrgadikia, Halkidiki – A Unique Investment Opportunity Price: €920,000 (slightly negotiable) Location: Pyrgadikia, Halkidiki Are you looking for an investment opportunity in Halkidiki? This hotel in Pyrgadikia combines an ideal location with unlimited development potential. With stunning sea views, a loyal clientele, and the possibility of a full renovation to significantly boost its revenues, it is the most advantageous choice for the discerning investor. Key Features: * Plot Size: 500 sq.m. * Floors: Basement, raised ground floor, and first floor * Rooms: Potential to operate 16 rooms after renovation (currently 12 rooms are in operation) * Additional Space Usage: Rooms currently used as storage or staff accommodations The Area: Pyrgadikia is located in a strategic spot in Halkidiki, with easy access to the region's stunning beaches and significant tourist activity in recent years. The area is renowned for its traditional charm, authentic hospitality, and breathtaking landscapes. Investment Potential: The hotel boasts a long-standing and loyal clientele, ensuring high booking occupancy. With targeted renovations, the investor can double revenues by fully utilizing the available rooms. Additionally, the selling price per room ratio makes this property the most advantageous option in Halkidiki. Rental Option: The owner is open to the possibility of renting the hotel, with a monthly rent of €4,000, making it highly attractive for investors seeking long-term returns. A 30-Year Legacy: Managed by the same owner for over 30 years, the hotel has maintained steady operations and an excellent reputation in the area. The owner has decided to sell due to fatigue, offering a unique opportunity for those wishing to invest in a continuously growing sector. Why This Hotel? * Prime location with unobstructed views * Loyal clientele and high booking occupancy * Immediate revenue growth potential through renovation * The most competitive selling price per room in Halkidiki Contact us for more information or to schedule a private viewing of the property.