Hotel for Sale

For sale: Hotel in the center of Ierapetra, Crete, with a total surface area of 1,706 sq.m., developed over five levels (ground floor, 1st, 2nd, 3rd floor and rooftop). The property is located close to the sea and the city center, in a residential zone and on a main avenue, offering direct access and high visibility. In detail, it consists of a 20 sq.m. ground floor, 556 sq.m. on the 1st floor, 556 sq.m. on the 2nd floor, 525 sq.m. on the 3rd floor, and a 52 sq.m. rooftop level. It features 46 rooms, all with private bathrooms. The building was constructed in 1981 and is in good condition, with an Energy Performance Certificate rating of H. The hotel is bright, airy, free-standing on all sides, with a south orientation and open urban views. It represents an attractive investment opportunity in one of Crete’s most dynamic tourist destinations. The property is immediately available and can also be acquired through a company purchase. Asking price: €900,000. For more information: Value Deal Real Estate Tel.: +30 211 4065336 Email: dimitris.s.vamvoukas@gmail.com