Investment Opportunity: 11-Apartment Hotel for Sale in Agia Marina, Chania - 1250 sq.m.

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for Sale

Description

This hotel for sale in Chania, Crete is located in the top tourist area of Agia Marina. The hotel consists of 11 apartments and can accommodate up to 45 people. It is built on a plot of 1250 sqms, which is located only 300 meters away from the beach.

The complex was built in 2003 and parts of it (such as the reception area and the lounge) were added afterwards, in 2007. Right now, the hotel needs a partial renovation.

The hotel is developed in two floors, and in two different units which are connected with pathways. Inbetween, there are vibrant garden areas and a big fountain in the centre. Additionally, there is a remaining building density on the plot, something that is also stated in the EOT license of the hotel, which actually refers already to 20 apartments.

Each apartment has a separate bedroom and also a sitting area (the sofas can be turned into extra beds), a kitchenette and a shower room. All apartments have balconies, overlooking either the sea or the garden.

The hotel is air-conditioned throughout and regarding its common-use areas, it features a very spacious reception room, plus an office room next to it, as well as a bright breakfast/lounge area.

Property descriptions, specifications, and details are provided by the property owners. While we make every effort to present accurate information, we accept no liability for any inaccuracies or omissions.

See other real estate sales in the Hotel category

Quick Summary

Property Number:
CH139
Property Status:
for Sale
Property Type:
Hotel
Area:
1250
Price:
1.045.000   950.000
Location:
Chania, Dimos Chanion, Agia Marina
Construction Year:
2003
Renovation Year:
2007
Distance from Sea:
300 μ

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Property Cost & Taxes

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 € 950.000
Cost & Taxes (9%) € 85.500
Estimated Total Price € 1.035.500

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