Hotel for Sale

The property is located in the center of the seaside Kolimbari, in an excellent location, from where it has beautiful views of the sea and the picturesque small port of the area. Kolimbari is of high tourist interest and within walking distance from the property, there are luxury lodging units that attract quality tourists. No maintenance work has been done in the hotel since its opening and therefore, several improvements are needed, in order to become fully functional. The area gives you the opportunity, in any case, to get the money of the purchase back in a short period of time and to have a significant annual income. The property is a good choice and investment as the area is growing steadily, at a rapid pace for several years. Kolimbari has all the infrastructure, which is required for any lodging unit and within a short distance from the property there are many restaurants, big supermarkets, banks and various shops. Within walking distance, there is also a long pebbly beach, which offers many options in areas with facilities or quieter places. The distance from the city center of Chania is about 25 minutes' drive and from the airport 40 minutes.