Sithonia 3* Hotel, 80-room beachfront hotel for sale

A 3*, 80-room beachfront hotel is for sale in Sithonia, Greece. The hotel is built on a land-plot of 18,000 square meters with olive trees and gardens. The total built area comprises 9 buildings with 2,700 square meters.

Asking price: € 6.25 million.

The hotel is operational from May – October with an occupancy rate of 72%. Guests are from Greece, Europe and Russia. There are signed tour operator contracts.

The hotel has an additional, unused building coefficient of 1000 square meters, or 40 rooms / 100 beds. The hotel can be upgraded to 4* with additional investment.

Hotel infrastructure includes:

50 double rooms and 30 studios: 80 rooms in total
Main swimming pool and children’s swimming pool (350 square meters)
Restaurant and reception area
Extensive gardens
Sandy beach
Parking
Tennis court (needs resurfacing)

For further information, please contact Navigator Consulting Group.

This data is provided for information only and is not a recommendation or a solicitation to purchase or invest.