170 Room Evia Hotel for Sale


The Evia Beach Resort is a 175-room 3* resort in Evia, Greece. It is located approximately 1 hour by car from Athens International Airport.

The hotel is located on 28,000 square meters of land, including 100 meters of beach. It includes 1 main building and 6 residences. 

Amenities include a swimming pool, 2 tennis courts, 1 basketball court, beach volleyball and a large car park.

The hotel also has a spa, an indoor- and outdoor  restaurants, one indoor and 2 outdoor bars, and 3 conference rooms. 

Built-up areas include:

  • main building and small auxiliary buildings : 5,884 m2
  • 6 residences and bungalows: 2,156 m2
  • veranda and patios: 1.711 m2
  • covered theater area : 169 m2
  • main pool 230 m2
  • kids pool 16 m2

The Hotel is for sale for EUR 7,500,000. The owner will pay all major outstanding debts from this price. Based on a detailed study, Navigator estimates that a renovation and upgrade to 4* standard, leading to a 10-year IRR of 10%  is achievable under conservative forecasts.

For further information, please contact Philip Ammerman on info {at} navigator-consulting.com.

 

This data is provided for information only and is not a recommendation nor a solicitation to purchase or invest.