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
- 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.