The awarded as the best new small hotel in Europe within 950 m2 is available for sale near Sitia. It is 40 km from the city of Agios Nikolaos, 4 km from sea, and 30 km from the city and airport of Sitia. It is a uniquely designed hotel built in 1700 which has been completely reconstructed in 2010 preserving all its original architectural elements. It consists of 5 residences of 50-70 m2, 4 suites of 50-60 m2, 3 studios of 30-40 m2 and 3 rooms of 15-25 m2. All together there are 15 where each one has a separate configuration and style. In addition, the hotel offers a thalassotherapy area, a restaurant, bar and cafe and a unique view of the Cretan sea and the mountains. It offers amenities such as a swimming pool, internet connection and parking, making it a particularly valuable investment option.
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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 | € 1.350.000 |
| Cost & Taxes (9%) | € 121.500 |
| Estimated Total Price | € 1.471.500 |
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