Hotel for Sale

Prime Investment: Award-Winning Theme Park & Hotel Development Site – Crete. EXECUTIVE OVERVIEW For sale is "Labyrinth Park," a premier leisure destination and prime land development opportunity situated on 21,000 m² of territory between the traditional hub of Hersonissos and the upcoming Kastelli International Airport. This offer represents a rare dual-investment: 1) A Profitable Operating Business: An award-winning, fully operational theme park with established revenue streams, a loyal customer base, and world-class attractions. 2) Major Development Upside: A specific building allowance of approximately 4,000 m² zoned for hotel use, allowing the new owner to capitalize on the massive influx of tourism expected from the new airport. STRATEGIC LOCATION & GROWTH POTENTIAL The property sits in the "Golden Corridor" of Cretan tourism. It is strategically nestled between the prestigious Crete Golf Club, a major water park, and luxury 5-star resorts. Crucially, the site is just 20 minutes from the new Kastelli International Airport, which is nearing completion and expected to serve over 20 million passengers annually. As the new airport opens, land values in this specific corridor are projected to appreciate significantly. This property offers a unique ability to capture that traffic immediately through the existing park and future hospitality development. THE BUSINESS: FULLY OPERATIONAL THEME PARK Labyrinth Park is a top-rated TripAdvisor destination known for blending culture, history, and entertainment. It is a turnkey operation with diverse revenue centers: 1. World-Class Anchor Attractions The Labyrinth: The park’s centerpiece is a 1,300 m² maze designed by Adrian Fisher, the world’s leading maze designer. It features a complex 3D structure with overhead bridges, towers, and over 1km of pathways, culminating in a dramatic encounter with the Minotaur. The Trojan Horse Laser Maze: A visually commanding landmark housing a high-tech interactive laser game that drives repeat plays. Hades & The Underworld: A multi-sensory dark ride where visitors board a boat to meet Cerberus, ending in a disorienting, high-concept Mirror Maze. Escape to Atlantis: A premium, high-margin Escape Room featuring immersive sets (sand floors, aquarium windows) designed for group bookings. 2. Family & Cultural Activities 18-Hole Mini Golf: A professionally landscaped, competition-standard course. Kids' Quad Track: High-margin electric vehicle rentals. Cultural Workshops: Includes a pottery workshop, archery range, mini farm, eco-garden, and a traditional Cretan miniature village. 3. Hospitality & Retail Revenue Labyrinth Café: A spacious 400 m² themed cafeteria serves as the primary hospitality hub, designed for high volume. Themed Souvenir Shop: Strategically positioned at the exit to maximize secondary spend on branded merchandise and local products. Satellite Stations: Multiple snack and ice cream stands throughout the park increase average spend per visitor. EXPANSION: HOTEL DEVELOPMENT OPPORTUNITY A key value driver is the ~4,000 m² unused building coefficient, offering immediate versatility to expand into a full-scale resort: Option A: Boutique Hotel Complex. The land can accommodate a substantial single-block hotel. This configuration is ideal for creating a centralized luxury transit hotel featuring a large communal swimming pool, reception areas, and suites to service airport travelers and golfers. Option B: Luxury Villa Enclave. The layout is perfectly suited for a cluster of 10–20 detached luxury villas. This "village-style" approach meets the post-pandemic demand for privacy. Villas can be designed with private infinity pools, significantly increasing nightly rental rates and asset value. PREMIUM INFRASTRUCTURE & ASSETS The estate is built to high commercial standards with a focus on self-sufficiency and low operational costs: Owner’s Residence: Includes a 200 m² private home on-site, ideal for an owner-operator or management housing. Water Autonomy: Features a private, legally bored water well (230 meters deep), a critical asset for minimizing costs and ensuring sustainability in Crete. Energy Efficiency: Connected to a net-metering electrical grid for renewable energy savings, plus a full backup generator for uninterrupted operation. Landscaping: A lush environment with over 3,000 trees and plants maintained by an automated watering system. Access: A welcoming, fully paved entry plaza with secure gating, professional lighting, and branded signage. INVESTMENT SUMMARY This asset is fully eligible for Golden Visa applications. It offers the security of an existing cash-flow-positive business combined with the explosive growth potential of the adjacent airport infrastructure. Whether you choose to run the park as a premier leisure attraction or develop the land into a luxury hospitality complex, this estate is a prime acquisition in Greece's most dynamic tourism market.