Hotel For Sale In Kéa (Tzia) / Greek Islands
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.
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
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