Hotel for Sale

Investment Opportunity - We accept only serious proposals. Plot of land for sale right in front of the sea with the possibility of exclusive use of the beach (after approval by the municipality). Approved Building Permit for the construction of a boutique hotel Hotel 10 (apartments). Property Details for sale 1. Plot Area 3500m2 2. Distance from the sea 5 meters 3. There is an approved building permit for the construction of a hotel with a total area of 370m2 and a 180m2 basement. 4. The hotel will include 10 apartments (studios) of 32 sq m each with the possibility of expanding the space 5. Hotel capacity in beds of at least 30 beds 6. Reception 40 sq m 7. Swimming pool 100 8. Provision for the operation of a refreshment bar and restaurant in the surrounding area of the property Estimated Investment Income The investment may generate an average annual gross income of 200,000 Euros with the operation of the hotel only in the summer months. The operation of a restaurant, refreshment bar and reception area during the year may provide additional average gross income of at least 100,000 Euros. The indication of the property is made upon the indication of the police ID and the payment of a fee of 70 Euros. The hotel's specifications meet the requirements for inclusion in a subsidized NSRF program or Development programs and the chances of subsidy approval are very high.