Palazzo - Edificio in Vendita

Castle city of Monemvasia, a few meters from the outer wall and the sea. Two independent buildings (120sqm+140sqm) connected via an inner courtyard. The properties operate as a boutique hotel year round, with 2 separate suites with exclusive entrances;
Front Building: Suite 1 on the 1st floor: a king size bed, mini fridge, bathroom and sea view.
Suite 2 on the elevated mezzanine level, king size bed, lounge area, mini fridge, bathroom, with views at the garden, access to the communal patio.
There is also a ground level currently undeveloped which could be turned into another suite, again with a double bed and bathroom.
The associated transaction costs of the property purchase are in the range of 6%-7% and include: (a) the property transfer tax plus a municipal tax (3.09%), (b) the notary fees (typically between 0.5%-1%), (c) the registration costs at the Cadastral Office (typically between 0.5%-1%) and (d) the agent's fee typical of 2% plus 24% VAT. All these costs are calculated on the higher amount between the sale price and the objective value of the property, and are born by the Purchaser.
It should be noted that buying-side legal fees may apply if a solicitor is involved from the Purchaser's side.
Rear building: Suite 1 on the 1st floor: a king size bed, mini fridge, bathroom and sea view.
Suite 2 on the elevated mezzanine level, king size bed, lounge area, mini fridge, bathroom, with views at the garden, access to the communal patio.
There is also a ground level currently undeveloped which could be turned into another suite, again with a double bed and bathroom.
All units have a/c units and are operated year round in one of the most iconic tourist destinations of the Peloponnese.