Hotel for Sale

EXCLUSIVLY FROM U1 This is your opportunity to own a standout boutique hotel in one of the Ionian Islands’ most desirable waterfront locations. Situated right on the bay in the charming port town of Vathi, Ithaca, this well-positioned property offers the kind of walkable lifestyle today’s travelers want—steps to local shops and tavernas in one direction, and a peaceful beach in the other. Originally built in 2001 and fully renovated in 2010, the hotel is thoughtfully laid out across two storeys, with ten sea-view suites—five on each level—ranging from 28 to 42 square meters. Every suite includes its own balcony or patio looking out over the water, giving guests the experience they come to the islands for. On the upper floor, a spacious dining area offers panoramic views of the bay, while the ground level welcomes visitors with a large, inviting reception area. The total building covers 646 square meters on a 639-square-meter plot, and here’s where the real upside comes in: the property includes a valid building permit for an additional 330 square meters of development. That means you’re not just buying a turnkey hotel—you’re investing in future potential. Access is simple and efficient. Ithaca sits beside Kefalonia, which has an international airport and a direct 20-minute ferry or sea taxi ride to Vathi. That ease of travel, paired with the authenticity and beauty of the island, makes this location a winning combination for guests—and a smart move for investors. If you’re looking for a boutique hotel with both character and scalability, in a prime waterfront setting, this is it.