Crete 4* Hotel for Sale

Class:                 4*

Rooms:              215/ 447 beds

Price:                 € 18 mln

Price/Room:    € 125,500

TripAdvisor:      4/5 

Booking.com:   8 / 10

Location:           Crete

 

Our clients are selling a 4* operating hotel located outside Chania, Crete Island, Greece. The hotel is located to the east of Chania, between Chania and Rethymno.

 

This hotel has a total built-up area of 15,000 sq.m. and a total land plot area of 18,000 sq.m. It was built in 2003.

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The property includes 215 rooms, including double and triple rooms, 12 family rooms and 12 duplex maisonettes. There are 8 main buildings and 16 staff rooms.

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Several rooms have private, small swimming pools.

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Common areas and amenities include a large reception area, main restaurant, beach restaurant, small outdoor swimming pools for certain room categories, gym.

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The hotel has a private beach and direct access to the sea. The beach is a pebble beach, but a raised, sandy area has been constructed with beach chairs, and ramps for easy access into the water.

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The Crete hotel is classified as a family resort and gets favorable reviews on TripAdvisor and Booking.com in terms of value for money.

 

The hotel is operating and has a good rating from Online Travel Agents. It is currently self-managed and can be improved through better yield management and marketing. It has a loyal following.

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The hotel has an active animation programme, themed dinner nights, a nightclub with DJ, a tennis court, kids club, game room with billiards and darts, bicycle rental, and other amenities.

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The tourist season is Chania is approximately 6 months: May - October. The international airport of Chania is evolving into a tourism base and several airlines are either basing or considering basing aircraft and crews there. There are seasonal direct flights by Ryanair, Easyjet and other airlines as well as charter flights and flag carriers.

 

This is an off-market transaction. We ask that any interested buyers are

 

• Direct contacts; and

• Have a proof of funds, or a professional identity commensurate with the project.

 

Please note that we cannot support brokers except in exceptional circumstances where there is a clear buyer and professional reputation in view.

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Please Contact Us for further information on hotel sales in Greece. 

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