Hotel for Sale

This is a hotel complex located in Rethymno, Crete, one of the island’s most popular tourist destinations. The property sits on a plot of 18,000 sq.m. and offers a total covered area of 5,790 sq.m., comprising nine buildings. It includes 60 accommodation units in total, consisting of 46 one-bedroom apartments of 37 sq.m. and 14 studios of 27 sq.m. The building layout features two buildings with four studios and two one-bedroom apartments each, two buildings with eight one-bedroom apartments each, one building with six studios and 22 apartments, another with four apartments and a supermarket on the ground floor, as well as separate buildings for the reception, the pool bar, and the restaurant. The complex offers two swimming pools measuring 126 and 114 sq.m. with dedicated pump rooms, a fully equipped restaurant, two bars, an organized supermarket, extensive storage areas, and convenient access with parking facilities. It operates seasonally from 15 May to 15 October, achieving exceptionally high occupancy rates exceeding 90%, along with a very high percentage of returning guests and numerous positive reviews and awards on international platforms. Overall, it represents a strong investment opportunity with an excellent reputation, loyal clientele, multiple revenue streams from accommodation, dining, and supporting services, and additional development potential due to its large land plot. https://marketplace.theprosperty.com/listings/15058 ☎️ 210 6812500