Hotel for Sale

Bring back Kaimak Inn Spa & Resort**** to its initial glory!
This 40 rooms 4 star Spa resort was awarded with 5 Greek Hospitality Awards!!! Only 5 star reviews and more!
The 4633 sqm, 40 rooms resort is located in the prime winter location of Kaimaktsalan, 2,5km away from the town of Palios Agios Athanasios and just 16,5 km. away from the famous long season ski resort and 30km from the beautifully waterfalls of Edessa.
Characteristics:
land area of 7.500 sqmYear build 2011. Initial operating year was 12/2011The Hotel Consist of two buildings with a total size of 4633 sqm Lobby building
Ground level 332sqm which consist of the reception, cafeteria an store rooms.Upper level 289sqm restaurantLower level 337sqm conference hallMain building:
Ground level 993 sqm 20 comfort roomsUpper level 20 junior suites with loft. Every room with its own fireplace.Lower level the hotel has a unfinished dedicated spa area 700sqm.and hosting area for staff.

At this stage the hotel is not operating due an unfortunate event with a fire that occurred in 2021 which affected and damaged mainly the restaurant, the cafeteria, the kitchen which needs a total makeover. The conference hall, spa area have not been damaged but needs and a touch up and furniture supplies
All hotel rooms remained to their initial state but need to get cleaned
Outdoor area need maintenance with some landscaping.
Τhe investment:
According to an professional evaluation, the potential income just from operating the rooms from October to May is 400.000€ or 10000€ per room.
The Hotel has a unlimited potential to operate all through the year for mountain lovers, events, conferences with an additional income of 200.000€.
Return according to professional estimations after the restoration 19%-30%!
For more information, please contact Andreas Dokopoulos