Hotel for Sale

A unique seafront hotel investment opportunity is available for sale on the Akrotiri Peninsula, just a short distance from the city of Chania, on the island of Crete.

The property is owned by a Société Anonyme (S.A.) company and includes an existing hotel unit in a privileged seafront location, offering unobstructed views of the sea and the natural landscape of the area.

Key Property Features

Total land area: 36,000 sq.m.

Existing built area: approximately 2,100 sq.m.

Rooms: 55

Beds: 130

Facilities: reception area, restaurant, swimming pool, and guest common areas

Remaining buildable area: approximately 4,500 sq.m.

Total permitted building area: approximately 6,600 sq.m.

The existing building requires renovation, creating a significant value-add investment opportunity through refurbishment or full repositioning of the property within the hospitality market.

Development Potential

The property is fully compliant and buildable, offering significant development flexibility, such as:

Renovation and reopening of the existing hotel unit

Development of a luxury boutique resort

Construction of tourist residences or serviced apartments

Creation of a wellness resort or premium hospitality concept

Prime Location

The property is located just 15 km northeast of Chania and offers:

Direct proximity to the sea and coastal zone

Access to a small bay with a sandy beach

Panoramic views of the sea and surrounding mountains

Easy access to local amenities such as mini markets, traditional taverns, cafés, and a bakery

The Akrotiri area is considered one of the fastest-growing tourism investment destinations in Crete, attracting increasing interest from international investors and hotel chains.

Expansion Opportunity

There is also the possibility to expand the investment through the acquisition of adjacent plots totaling approximately 25,000 sq.m., consisting of three independent properties currently available for sale.

Their acquisition would enable the development of a larger tourism complex or a fully integrated resort project.

Investment Highlights

✔ Rare large-scale seafront property
✔ High development potential (up to 6,600 sq.m. buildable area)
✔ Close proximity to an international airport
✔ Strong and continuously growing tourism market in Crete
✔ Ideal for hotel operators, developers, and investment funds

The property is immediately available for sale.

Property ID: 5237
RE/MAX Real www.remaxreal.gr Remax real 1: Heraklion, Crete, Sofokli Venizelou Avenue 107-109, 71303 Phone: +30 2810370598 Mobile: +30 6981465554 Email: info@remaxreal.gr Remax real 2: Agios Nikolaos , Themistokleous 6 , 72100 Phone: 2841181240 Mobile: +30 6981465554 Email: agiosnikolaos@remaxreal.gr We are at your disposal for any additional information and to schedule a visit to the property. Contact us today to find the property you have always dreamed of!