Crete 5* Hotel
Crete 5* Hotel

225 rooms 5* hotel in Crete for sale.

Crete 5* Hotel
Crete 5* Hotel

225 rooms 5* hotel in Crete for sale.

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Crete 5* Hotel for Sale

€ 28,000,000

225 rooms 

Class:                 5*

Rooms:              225 + 2000 sq.m. building coefficient

Price:                 € 28 mln

Price/Room:    € 124,000

TripAdvisor:      4/5 

Booking.com:   8.5 / 10

Location:           30 km from Heraklion, Crete Greece

 

Our clients are selling a 5* operating hotel located some 30 km from Heraklion on the Island of Crete, Greece.

 

The Crete hotel has 225 rooms and an unused building coefficient of 2,000 square meters.  

Common areas and amenities include a large reception area, 3 restaurants, conference & meeting rooms, several swimming pools, gym. The hotel has its own sandy beach (licensed from the municipality).

The hotel rooms have been renovated and are 25 sq.m. or more.

The hotel includes a large number of suites and duplex apartments with private swimming pools and balconies.

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.

The season in Crete is approximately 6-7 months. Heraklion is the capital of the island (and prefecture) and the city is served daily by Aegean Airlines and a number of other flag carriers, low cost airlines and charters in the summer.

 

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.

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