Hotel For Sale In Kéa (Tzia) / Greek Islands

Kéa, Greece
Asking Price: $10,082,003 (€8,600,000 EUR)
Real Estate Details
Listed on Dec 2, 2024

Business Overview

New Hotel for sale, beach front in Kéa, an island of Greece, one hour from Athens.

- Our hotel has a maximum occupancy of about 70 people in total across 25 rooms.

- Rooms at the hotel have an average occupancy rate of about 75%.

- The business also has rights for exclusive use of the beach with sunbeds and a non operational restaurant space which can be utilized in the future.

- It is located in a secluded part of the island making it ideal for guests looking for a peaceful and relaxing holiday.

- Given the nature of the hotel business, 15 employees are enough to make the given revenue for the company.

- We are only open during the summer hence we do not have any permanent employees as such.

- We hire employees during the season as the need may be.

Products & Services Overview
Hotel on the beach consisting of 25 rooms located strategically in a peaceful area making it perfect for holidays. Room rentals are our best selling service.

Assets Overview
Tangible assets include:
- The 1,200 sqm hotel and land owned by the business.
- Furniture for the hotel.

Facilities Overview
Operations are run from a 1,200 sqm hotel located in Spathi. The land is owned by the business.

Capitalization Overview
There is only one owner who holds 100% of the business and there are no loans on the business at this point in time.

change currency

Financials (USD)

Net Operating Income (Annual) Not Disclosed

Asking Price $10,082,003

Converted From EUR

Exchange Rate $1.17

Cap Rate Available On Request

Additional Details

Suite/Unit Number 25

Building Area 1200.00 Square Meters

Year Built/Renovated 2020

Percent Occupied 75%

Land Area 0.45 Hectares

Deal Terms

Broker Co-Op? Available On Request

Seller Financing Available? Available On Request

Seller Willing To Lease? Available On Request

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

Request Information

Want to learn more about this listing? Log in now. New to DealStream? Discover how artificial intelligence can help you find better deals! Sign up for a Free Account today and get your first Search Genius deal tomorrow.

Sign Up

DealStream Awards & Reviews

More Listings Like This
Resources For Entrepreneurs