10

apartments

35

guests capacity

2016

year built

7%

rate of return

Property

PROPERTY & AMENITIES

The building has 2 storeys plus lower level. It includes 10 apartments, each of them comes with kitchen, terrace or balcony. Built in 2016. Total area 576 sq.m. (6,197 sq.ft.). Lot size 640 sq.m. (6,889sq.ft.). The lower level includes two extra apartments for the staff, an additional 60 sq. meters space suitable for different uses, 2 washrooms and a laundry room. The building has solar panels installed on the roof that provide 80% of the required heating energy.

◆ More info

Location

LOCATION & AREA

Hotel is located in the outskirt of a small Greek town with quiet and peaceful environment. It spreads along the shoreline in Sithonia, the part of Chalkidhiki peninsula that is very popular among tourists and beach lovers.

Hotel sits just 150 meters from the sand beach with crystal clear water, a short walk from the town center with shops and restaurants, and 100 km (just over an hour drive) to the International Thessaloniki airport.

◆ More info

Hotel Operation

HOTEL OPERATION

Hotel is already well established and has a high rating 9.5 (exceptional) on Booking.com. It can be easily managed and operated by a family of two. Current owners hire one housekeeper for the season. The operating season is from April to September (5 months), with the above average 7% return rate. However, the building is ready for the year-round use. Therefore, there are many options to expand the business.

Typical guests: beach lovers, retirees, families with children, honeymooners, etc. - mostly from European countries and the USA.

Additional information available upon request

Hotel Entrance
Hotel Lobby
Deluxe Studio
Deluxe Studio
Family Suite
Washroom in Family Suite
View from the Maisonette
One Bedroom Maisonette
Maisonette
Two Bedroom Maisonette
Solar Panel on the Rooof of Hotel
View from the Balcony
Beach
Neos Marmaras
Neos Marmaras
Neos Marmaras
Neos Marmaras
Neos Marmaras
Residence

Word from Realtor

This property was selected during my search for small hotels that would be suitable for the retirees from the USA and Canada. It perfectly fits the criteria for those who want to move to South Europe and buy a property that would generate an income enough to cover their living expenses. As a realtor specializing in International real estate, I've picked up regions that meet certain criteria, where I constantly looking for suitable properties. Before presenting such properties to my clients, I visit them myself and check the provided information. Particularly, this small hotel was carefully selected out of many similar properties in the area as one of the best small hotels for sale on Chalkidhiki. Please contact me if you are interested in this property, I'll be happy to provide more information and answer your questions.

With best regards,
Helen Riabinin, Real Estate Broker