GAIOS PAXI for sale 4 star luxury hotel 2.500 sq.m., with 32 rooms on a plot of 6.000 sq.m. and 1 km from the port and the capital of the island.
The hotel complex is A' category (4 stars), capacity 80 people and consists of 32 independent apartments, 11 suites 3 to 5 people, 5 triples (4 junior suites), 16 double rooms, staff accommodation facilities, a listed 1896 residence used as a dining room, reception room, spa, semi-open-air bar, 350m3 swimming pool, children's pool, storage rooms, equipped kitchen with a capacity to serve 300 people, gym, pool bar, parking and a multitude of beautiful gardens.
All the buildings, with a total area of 2,500 sq m, are luxuriously equipped and constructed based on the traditional Ionian architectural style (tiled roofs, stone-built walls, traditional solid railings and frames).
The unit has renewed mechanical equipment, which includes, among others, air conditioners, a central heating system, heat pumps, solar water heaters, and an oil burner. A water production system with desalination, fresh water storage tanks, a biological purification system, an autonomous fire safety system and a 90kw generator.
The complex consists of a main building and two wings and can be sold as a whole or in parts.
The B wing can be used independently, has a separate entrance from the main road and consists of 7 suites, 592 sq m. of covered areas and three unfinished attics of 168 sq m. on a plot of 1,200 sq m.
The restaurant furniture, pool bar, elevator and apartments were renovated in 2020.
It is proposed as an investment property on the cosmopolitan island of Paxos.
SALE PRICE: 6.500.000 EUROS
See other real estate sales in the Hotel category
There are some extra costs that must be added to the price of the property.
These costs include Transfer Tax, Notary's Fees, Real Estate Fees, Estimated Lawyers's Fees and Land Registry.
The total value of the above is about 9% of the price of the property.
| Property Price | € 6.500.000 |
| Cost & Taxes (9%) | € 585.000 |
| Estimated Total Price | € 7.085.000 |
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