Hotel for Sale

Turnkey Hospitality Complex with Strong Income in Sidari Located in the lively coastal area of Sidari, this well kept hospitality property spans a generous 3,000m² plot with 1,300m² of built space. Originally constructed in 2003 and updated in 2013, it includes four separate buildings designed for efficiency and guest comfort. The complex houses a total of 29 guest rooms, divided into three size categories, 8 rooms at 48m², 10 rooms at 32m², and 11 rooms at 26m², making it ideal for accommodating both couples and families. The property offers a wide range of on-site facilities that enhance the overall guest experience. A large swimming pool, private tennis court, and ample parking provide plenty of outdoor leisure and convenience. Inside, you'll find a well-equipped bar, a functional kitchen, and a dedicated reception area, all supported by utility spaces and service areas to keep operations running smoothly. This is a fully operational business with solid income streams. The net income from room rentals reaches approximately €185,000 annually, while the bar generates around €37,000. Operating expenses are kept relatively low at €26,000, thanks in part to a small, effective team of four staff members. The business shows healthy margins and stable returns, ideal for someone seeking a ready to run investment. Key Features Plot size: 3,000m² | Built area: 1,300m² 4 separate buildings with 29 guest rooms Room breakdown: 8×48m², 10×32m², 11×26m² Large pool, tennis court, and private parking Bar, kitchen, reception, and utility rooms Annual net income: €222,000 | Expenses: €26,000 Fully staffed with 4 employees Asking price: €1.3 million Who are we? Chase Real Estate Corfu is based on the Island of Corfu with a team of professionals dedicated to making buying a property as hassle free as possible. Our team will be with you every step of the way. Our buying service includes: Property sourcing Property viewings Property investment planning Assistance with negotiations and contracts Set up with lawyers Assistance with tax number & bank account set up Golden visa assistance Interested in Buying a Property in Corfu? Learn more about our services at chaserealestatecorfu.com/buy Selling a Property in Corfu? Discover more about our selling process at chaserealestatecorfu.com/sell Our Legal Services: Rest assured, our clients receive dedicated assistance from our experienced legal team at discounted prices. Learn more about our legal services at chaserealestatecorfu.com/legal Contact Us: Phone: GR 0030 690 627 4665 Email: info@chaserealestatecorfu.com Website: chaserealestatecorfu.com